Summary of Judgment in Managerial Decision Making

Judgment in Managerial Decision Making is an important book that covers a wide range of topics related to how managers make decisions. The author, Max Bazerman, explores how decision making is often influenced by cognitive biases and systemic issues that prevent sound reasoning. He also discusses strategies that can be used to foster better judgment, including decision analysis and scenario planning. Other topics such as negotiation strategies and multi-party decision cases are examined. This book provides a valuable insight into the decision-making process for managers, and it offers valuable tips and strategies to help them make informed decisions.