A Conceptual Study of Decision Making and Thoughtful Decisioning

2019 ◽  
Author(s):  
Sachin Jadhav
Keyword(s):  
Decision Making ◽  
Conceptual Study

The Role of Storytelling for Communication in Risk Management

2021 ◽  
Author(s):  
Andrea Kampmann
Keyword(s):  
Risk Factors ◽  
Decision Making ◽  
Experimental Study ◽  
Risk Management ◽  
Risk Environment ◽  
Decision Making Processes ◽  
Conceptual Study ◽  
Soft Factors

Risk management is confronted with a changing risk environment as both more complex and new risk factors, so-called unknown-unknowns, are arising. To address these developments effectively and to have an impact on critical decision-making processes in companies, this discipline needs to advance. Soft factors—such as communication—are seen as effective levers in this context. This book deals with the potential offered by the communication form storytelling for risk management. In a conceptual study, the author outlines different ways of applying storytelling in risk management. In an experimental study, she analyses and elaborates the advantages of storytelling over purely numerical forms of communication in the same field.

scholarly journals How Artificial Intelligence can make Competition more Intelligent

2020 ◽  
pp. 1-11
Author(s):  
Allal MOKEDDEM
Keyword(s):  
Artificial Intelligence ◽  
Decision Making ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Know How ◽  
Intangible Resources ◽  
Learning Techniques ◽  
Competition Rules ◽  
Conceptual Study ◽  
Intelligent Approach

A company's environment is constantly changing, new competitive models have appeared, new tangible and intangible resources are being built and new competitive regulations form a new competitive framework which opens the field to new opportunities and new threats. With this dynamic, companies are rushing towards the development of their strategic decision system which must be powerful to follow any material (product and service) or immaterial resource (belief, knowledge, know-how) coming from one of the direct competitors. In this context, a conceptual study is carried out with the objective to analyze the evolution of cognition-based competition using artificial intelligence (AI) technology as a support for strategic decision-making; this is in order to transform the competition into an intelligent mode. The finding is presented in an intelligent approach designed to generate automatic competition rules based on deep learning techniques.

A review on the components of Prajna

2018 ◽  
Vol 3 (3) ◽  
Author(s):  
V. L. Viraktamath ◽  
Sri Nagesh K.A.
Keyword(s):  
Decision Making ◽  
Modern Science ◽  
Cognitive Domains ◽  
Storage And Retrieval ◽  
Whole Process ◽  
Conceptual Study

The word Prajna generally refers to know, the wisdom, the intelligence, the sense of discrimination and the judgment. It can be compared with the whole process of discrimination, retention and recalling capacity of an individual. Dhee, dhriti and smriti are considered to be types of prajna. These are also termed as Prajnopastambha and are nothing but the different stages of Prajna. The buddhi which sees the objects as they are (samata darshana) is dhee. The buddhi which restrains (niyamana) is dhruti. And the buddhi which is capable of remembering is smriti. The ability of discrimination of the object perceived is attributed to the function of dhee, while the decision making at that situation is guided and regulated by dhruti. And the retrieval of fast experiences in order to perform further action depends on Smruti. Buddhi also have the same synonyms as that of Prajna viz. Dhee, Prajna, Mati etc. Thus we can assume that the Buddhi and Prajna refer to the same. While the term ‘Medha’ refers to the higher intellect and synonymous to Prajna. Modern science describes the acquisition of knowledge has following cognitive domains such as encoding, storage, and retrieval which refer to the components of prajna. The article deals with conceptual study of Prajna, its components, its comparative terms in contemporary sciences, discussion and conclusion.

scholarly journals A conceptual study of the hrm challenges in it industry

2021 ◽  
Vol 11 (3) ◽  
pp. 10-13
Author(s):  
Navaneetha T
Keyword(s):  
Job Satisfaction ◽  
Decision Making ◽  
Competitive Advantage ◽  
Industrial Revolution ◽  
Secondary Data ◽  
Work Conditions ◽  
Vital Role ◽  
It Industry ◽  
Factors Affecting ◽  
Conceptual Study

Human resource management challenges play a vital role in the success of the organization. The purpose of this study is to examine the different environmental influences faced by IT Industry, factors affecting HR challenges and to explore various challenges faced by HR mangers. The study is done with the help of a secondary data covering all the HRM challenges. Management might be able to increase the level of the commitment in the organization by improving satisfaction with compensation, policies, and work conditions. Companies should involve their employees in decision making as industrial revolution brought drastic changes in the organizations as they viewed it as an indispensable source of competitive advantage. One way of increasing the job satisfaction at the workplace is expanding the interactions level with employees in staff meetings and rising guided discussions of topics related to industrial revolution and HRM issues. If the employees are well aware of the organization environment, their duties, and objectives,they can perform their tasks in a better way, and it helps the organization to enhance its productivity. A highly committed and competent workforce allows companies gain a competitive advantage.

scholarly journals STAYING DECISION MAKING PROCESS IN DISASTER PRONE AREA: A GROUNDED THEORY METHOD STUDY ON FISHERMEN COMMUNITY IN SEMARANG COAST, INDONESIA

2019 ◽  
Vol 7 (2) ◽  
pp. 322-330
Author(s):  
Choirul Amin ◽  
Sukamdi . ◽  
Rijanta .
Keyword(s):  
Decision Making ◽  
Grounded Theory ◽  
Decision Making Process ◽  
Theory Method ◽  
Migration Literature ◽  
Grounded Theory Method ◽  
Prone Area ◽  
Decision To Stay ◽  
Conceptual Study ◽  
Migrant People

Purpose of the Study: In an increasing migration driven by climate change disaster, there are people who remain to stay in disaster-prone areas. Even though there is little research on migration to understand non-migrant people, this study seeks to understand the staying decision making process and understand how and why people stay in disaster-prone areas. Methodology: Grounded Theory Method (GTM) is used in this research. The qualitative approach in this study is intended to gain individual insights to reveal the process and steps of staying decision-making in disaster prone-areas. Applications: This study was conducted in the Semarang coastal area, which is simultaneously prone to three disasters, i.e., sea level rise, land subsidence, and tidal inundation. The study shows that staying decision-making was taken in household units. The staying decision-making process consists of interactions between four components: availability of options, motives, expectations, and incentives. Results: Exploring the decision to stay is an opportunity to understand migration processes in a new way. This research adds a conceptual study to the migration literature on the basis of existing theories to explain immobility in disaster-prone areas.

Discarding optimality: Throwing out the baby with the bathwater?

2018 ◽  
Vol 41 ◽  
Author(s):  
Patrick Simen ◽  
Fuat Balcı
Keyword(s):  
Decision Making ◽  
Perceptual Decision Making ◽  
Reward Rate ◽  
Perceptual Decision ◽  
Standard Observer ◽  
Rate Maximization ◽  
Reward Rate Maximization ◽  
Descriptive Standard ◽  
Observer Model

AbstractRahnev & Denison (R&D) argue against normative theories and in favor of a more descriptive “standard observer model” of perceptual decision making. We agree with the authors in many respects, but we argue that optimality (specifically, reward-rate maximization) has proved demonstrably useful as a hypothesis, contrary to the authors’ claims.

LPCD framework: Analytical tool or psychological model?

2018 ◽  
Vol 41 ◽  
Author(s):  
David Danks
Keyword(s):  
Decision Making ◽  
Analytical Tool ◽  
Mathematical Framework ◽  
Bayesian Decision ◽  
Perceptual Decision Making ◽  
Psychological Model ◽  
Psychological Reality ◽  
Psychological Theories ◽  
Target Article ◽  
Bayesian Decision Making

AbstractThe target article uses a mathematical framework derived from Bayesian decision making to demonstrate suboptimal decision making but then attributes psychological reality to the framework components. Rahnev & Denison's (R&D) positive proposal thus risks ignoring plausible psychological theories that could implement complex perceptual decision making. We must be careful not to slide from success with an analytical tool to the reality of the tool components.

Elaborating the role of reflection and individual differences in the study of folk-economic beliefs

2018 ◽  
Vol 41 ◽  
Author(s):  
Kevin Arceneaux
Keyword(s):  
Decision Making ◽  
Individual Differences ◽  
Cognitive Processes ◽  
Evolutionary History ◽  
Behavioral Responses ◽  
History Of ◽  
Economic Beliefs

AbstractIntuitions guide decision-making, and looking to the evolutionary history of humans illuminates why some behavioral responses are more intuitive than others. Yet a place remains for cognitive processes to second-guess intuitive responses – that is, to be reflective – and individual differences abound in automatic, intuitive processing as well.

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