1.

Record Nr.

UNINA9910298166703321

Autore

Gerber Jochen

Titolo

Leveraging Flexibility : Win the Race with Dynamic Decision Management / / by Jochen Gerber, Hanjo Arms, Mathias Wiecher, Christian Danner

Pubbl/distr/stampa

Berlin, Heidelberg : , : Springer Berlin Heidelberg : , : Imprint : Springer, , 2014

ISBN

3-642-54362-6

Edizione

[1st ed. 2014.]

Descrizione fisica

1 online resource (156 p.)

Disciplina

330

650

657.8333

658.152

Soggetti

Leadership

Operations research

Decision making

Engineering economy

Entrepreneurship

Finance

Management

Business Strategy/Leadership

Operations Research/Decision Theory

Engineering Economics, Organization, Logistics, Marketing

Finance, general

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Value Flexibility - It Propels Sustainable Decisions -- Evolution of the New Approach -- Solving the Mystery of Uncertainty -- Making Bull's-eye Decisions in Volatile Settings -- Flexibility Surprises - Its Significance and Its Value -- The Total Value of Today's Decisions and Tomorrow's -- Taking Action - Applying DDM -- Applying Dynamic Decision Management - Four Case Studies -- Appendix: Behind the Scenes.



Sommario/riassunto

What is the probability of your operations achieving the desired profitability? What role does flexibility play in your business plans? Have you ever considered its value in concrete terms? Being able to react to the unexpected by taking a strategic change of course can prove to be the salvation of a company and its leaders. Flexibility, risk, probability and their interrelated value are the key components of Dynamic Decision Management (DDM), a breakthrough approach to validating your decision making process and ensuring the desired results. Using the DDM approach, the well-known and widely accepted complex methods involving scenario building become obsolete. Why? Because DDM does the unthinkable: It integrates the influence of uncertainty and entrepreneurial flexibility in the strategic decision making process – and does so with precision.