In this insightful book, Hassan Qudrat-Ullah simplifies the complex process of making informed decisions in challenging situations. The book examines how to handle uncertainty, risk and change in both business and everyday life, providing practical tools and methods for how to gather and evaluate information, plan strategically and make confident choices when faced with an uncertain outcome.
Understanding Advanced Decision Making introduces both traditional and advanced frameworks for navigating complicated decisions in a range of sectors such as finance, business strategy, healthcare, environmental policy and project management. Qudrat-Ullah discusses the human factors and ethical considerations involved in the process, presenting detailed outlines for making responsible judgements. The book also explores the growing incorporation of advanced technologies into decision making, focusing on human-AI collaboration and the transparency of AI in models. Ultimately, it illustrates how to balance data, strategy and integrity when making decisions.
Scholars and academics working in social psychology, public policy, operations management, and organizational and occupational psychology will greatly benefit from this highly informative book. It is also an invaluable read for practitioners and policy makers in management and strategic planning.