Everybody has to make decisions--they are unavoidable. Yet we receive little or no education or training on how to make decisions. Business decisions can be difficult: which people to hire, which product lines or facilities to expand and which to sell or shut down, which bid or proposal to accept, which process to implement, how much R&D to invest in, which environmental projects should receive the highest priority, and so on. Even if you make the...

I have summarized my 30-year experience as a business executive and professor of business in a book on business decision making on the basis of my professional experience and academic research. Rather than approaching this topic from an academic or a theoretical point of view, I have described a series of real-life business events that most executives encounter during their professional career. These events are written in form of "vignettes"--scripts,...