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Sinossi
Explore how managers decide when to intervene by watching a single data stream.
This book-style extract outlines a practical framework for managerial monitoring. It treats monitoring as a choice to intervene, guided by a manager’s judgment and the costs and benefits of acting. The approach favors descriptive models that reflect real-world behavior over purely prescriptive rules, using a simple two-state view and a single data stream to illustrate the core concepts.
- Modeling the decision to intervene as comparing a subjective probability of trouble against a threshold.
- Descriptive approaches that blend prior judgment with observed data, avoiding heavy reliance on unknown data distributions.
- Discussion of how data quality, time, and the perceived link between signals and the situation influence judgments.
- Consideration of the value of information and how information systems can sharpen a manager’s mental models, not just the signals themselves.
Ideal for readers seeking clear, accessible insight into how monitoring decisions are made in practice and how information systems can support—not just replace—their judgment.
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Managerial Monitoring of a Single Data Stream (Classic Reprint)
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Paperback. Condizione: New. Print on Demand. This book examines managerial monitoring, the process by which managers assess whether intervention is needed to address potential issues. By combining insights from behavioral economics and management, the author presents a novel descriptive model of how managers make these assessments, challenging traditional normative approaches. Through this model, the book explores the value of information systems not only in providing data but also in sharpening managers' understanding of their operating environment. The author's research suggests that the real value of information systems lies in their ability to assist managers in honing their mental models, leading to better decision-making and more effective monitoring. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9781332246007_0
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Managerial Monitoring of a Single Data Stream Classic Reprint
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781332246007
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Managerial Monitoring of a Single Data Stream Classic Reprint
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781332246007
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