ENGLISH

Leveraging Flexibility: Win the Race with Dynamic Decision Management

By Jochen Gerber , Hanjo Arms , Mathias Wiecher , Christian Danner (auth.)

Book information

Publisher
Springer-Verlag Berlin Heidelberg
Year
2014
ISBN
978-3-642-54361-6, 978-3-642-54362-3
DOI
10.1007/978-3-642-54362-3
Language
english
Format
PDF
Filesize
11 MB (11083475 bytes)
Edition
1
Pages
159\156
Time added
2014-11-10 20:00:00
Business Strategy/Leadership; Operation Research/DLogisticsMarketing; Entrepreneurship; Finance/Investment/BaOrganization

Description

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.

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