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Performance measures and outcome analyses of dynamic decision making in real-time supervisory controlRothrock, Ling 12 1900 (has links)
No description available.
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Models of entrepreneurial decisions : a dynamic programming approachLévesque, Moren 11 1900 (has links)
Entrepreneurs make decisions that influence subsequent decisions and future performance.
The dissertation studies such sequences of decisions by using dynamic programming. This approach
allows one to describe the decision process over time and, in some cases, it prescribes how business
performance can be improved. An analytical approach helps to contribute a new dimension to
entrepreneurship research and it encourages multidisciplinary work by allowing existing
methodologies from various (analytical) disciplines to be applied to entrepreneurial problems.
The dissertation focuses on research questions that invoke effort allocation in sequential
decision-making at early development stages of a new venture creation. The dissertation is composed
of three separate research studies.
What dominates the entrepreneur's decision process initially is the effort allocation problem
in sharing time between an existing job and committing to the new venture. The first study describes
how this time-sharing is done and characterizes when is the best time to leave the wage job and
become a full-time entrepreneur. I also show that the optimal time-allocation policy is driven by the
entrepreneur's tolerance for work and by how returns behave with respect to time allocation in the
venture.
It is important to understand resource allocations to internal activities such as product
development and customer recruitment. The second study focuses on new product development and
it investigates how the flow of a new venture's funding affects the development of a new product. I
prescribe the optimal release time for the new product and describe how this strategy is affected by
the expected amount of funding and its uncertainty. I also identify industrial and entrepreneurial
characteristics that generate various behaviors for the rate of change in the return on product quality
as investment in the product is increased.
The newly developed product must be bought to make the business start-up successful. The
third study investigates how an entrepreneur makes decisions over time in allocating effort to
building and exploiting a customer base so as to maximize profit. I study what a rational
entrepreneur will do when faced with the allocation of effort to different customer categories. I also
provide guidelines for improving the performance of an entrepreneur who may not be acting
optimally.
In these three investigations a dynamic programming approach is utilized to study various
sequential decision processes of an entrepreneur during the development process of new venture
creation.
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Models of entrepreneurial decisions : a dynamic programming approachLévesque, Moren 11 1900 (has links)
Entrepreneurs make decisions that influence subsequent decisions and future performance.
The dissertation studies such sequences of decisions by using dynamic programming. This approach
allows one to describe the decision process over time and, in some cases, it prescribes how business
performance can be improved. An analytical approach helps to contribute a new dimension to
entrepreneurship research and it encourages multidisciplinary work by allowing existing
methodologies from various (analytical) disciplines to be applied to entrepreneurial problems.
The dissertation focuses on research questions that invoke effort allocation in sequential
decision-making at early development stages of a new venture creation. The dissertation is composed
of three separate research studies.
What dominates the entrepreneur's decision process initially is the effort allocation problem
in sharing time between an existing job and committing to the new venture. The first study describes
how this time-sharing is done and characterizes when is the best time to leave the wage job and
become a full-time entrepreneur. I also show that the optimal time-allocation policy is driven by the
entrepreneur's tolerance for work and by how returns behave with respect to time allocation in the
venture.
It is important to understand resource allocations to internal activities such as product
development and customer recruitment. The second study focuses on new product development and
it investigates how the flow of a new venture's funding affects the development of a new product. I
prescribe the optimal release time for the new product and describe how this strategy is affected by
the expected amount of funding and its uncertainty. I also identify industrial and entrepreneurial
characteristics that generate various behaviors for the rate of change in the return on product quality
as investment in the product is increased.
The newly developed product must be bought to make the business start-up successful. The
third study investigates how an entrepreneur makes decisions over time in allocating effort to
building and exploiting a customer base so as to maximize profit. I study what a rational
entrepreneur will do when faced with the allocation of effort to different customer categories. I also
provide guidelines for improving the performance of an entrepreneur who may not be acting
optimally.
In these three investigations a dynamic programming approach is utilized to study various
sequential decision processes of an entrepreneur during the development process of new venture
creation. / Business, Sauder School of / Graduate
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The role of personality in the relationship between feeling bored and decision-making competence: a study of managers in the retail industryDu Preez, Magda January 2016 (has links)
Thesis
submitted in fulfilment of the requirements for the degree of
Doctor of Philosophy (PhD)
at the
Wits business school
University of the Witwatersrand
June 2016 / Despite the increased work on emotions in organizations, there is a lack of research on the impact of feeling bored in managerial decision-making contexts. Feeling bored was defined, and an expansion to the Hybrid Process Decision-Making Model was proposed. Using this revised definition of feeling bored and the Expanded Decision-Making Process Model, an empirical study with retail middle managers was conducted to examine the relationships between feeling bored and decision-making competence and the role of personality. Results found that feeling bored has a significant negative association with middle managers’ confidence levels, risk perception and decision rules. Results confirmed that personality plays a moderating role in the relationship between feeling bored and decision-making competence. Most notably, the personality trait learning neutralizes the negative effects of feeling bored on decision-making competence, whereas the personality trait sociability has a varied effect depending on which end of the valence/arousal continuum feeling bored is experienced. Limitations to the study, and practical implications for retail organizations, middle managers and for future research, are outlined / MB2016
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State increment dynamic programming and the industrial management systemsDesai, Anshuman Krishnakant. January 1979 (has links)
Call number: LD2668 .T4 1979 D46 / Master of Science
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An Empirical Investigation of the Interaction Effects of Leader-Member Locus of Control on Participation in Strategic Decision MakingMay, Ruth C. (Ruth Carolyn) 05 1900 (has links)
The purpose of this study was to test for a relationship between locus of control and participation in strategic decision making. The research model included the variables of gender, locus of control, job-work involvement and preference for participative environment as possible influences on team member participation in strategic decision making. Another feature of the model was the proposed three-way interaction effect on member participation. This interaction included member job-work involvement, member preference for participation and leader locus of control.
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A strategic environmentally conscious production decision modelStuart, Julie Ann 08 1900 (has links)
No description available.
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Turning the wheels of change : the top management contribution to the process of strategy formation /Sminia, Harry, January 1900 (has links)
Thesis (doctoral)--Rijksuniversiteit Groningen, 1994. / Includes bibliographical references (p. 171-183).
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Analysing strategic decision-making in an environment with high rates of change : a model for leaders of organisationsWeilert, Heinz Maria 03 1900 (has links)
Thesis (MPhil (Information Science))--University of Stellenbosch, 2011. / ENGLISH ABSTRACT: The thesis deals with the context, content (being concepts) and process of model
development. They are combined to propose a model for analysing strategic decision-making
in an environment characterised by high rates of change.
Over the last 230 years, society has been re-categorised from ‘agricultural’ to ‘industrial’ and,
more recently to ‘post-industrial’. Naturally, organisations are part of such society, and
strategy formation, as a process which is located within organisations, can only be discussed
within the context of the current society. By necessity therefore, the model for analysing
strategic decision-making would seek to reflect on the development of organisational
strategies in the current environment. This rapidly changing environment is characterised by
uncertainty which impacts on organisational decision-making.
Chapter 2 describes how the effects of uncertainty influences decisions and outcomes,
particularly when considering the decision-maker’s ability to manage risks emanating from
the environment, as well as organisational risks within own work domains. The loose
coupling of cause and effect leads to a conceptual problem when linear rationality is used to
frame meaning. Decision-makers experience demand to change such meaning (and structure)
based on the reality they are experiencing, presenting them with perceived dichotomies. In
order to overcome such dichotomies, ‘Constructivism’, as a methodology, is used to provide
form, acknowledging assumptions about behaviour and structure. The assumptions are
discussed using conceptual continuums (presenting the perceived dichotomies), posed as a
‘framework’ intended to assist leaders in dealing with uncertainty. Order, for example, is
temporarily established through standards that give an organisation stability. Innovation as a
concept, on the other hand, is associated with the flexibility required to succeed in dynamic
environments. Strategy formation in this thesis deals with the concepts ‘organising’,
‘standardising’, ‘rationalising’, ‘emergence’, ‘complexification’ and ‘innovation’ that form
part of such framework.
Chapter 3 provides insight to organisational order, which emerges from the interplay between
‘strategy formation’ as a deliberate process, and the emergent and varied organisational and
contextual forces at play over time. The process forms a narrative – and provides some of the
organisational stability. Strategies emerge, as would the institution created by the interplay.
The interplay results from continuous interaction between the intentional strategic
intervention and its actual interpretation or sensemaking throughout the organisation and its
context by those - including the leadership - who are operationalising the strategies. The
process of strategy formation provides opportunity for self-reflection by the decision-makers
(the I), the team members (the We), and the organisation - embodied in the social constructs
created through communication, processes and actions.
Chapter 4 connects the individual concepts in an iterative process of strategy formation, using
a morphological approach, to create structure from relationships. This enables the creation of
a normative model, which can be used in the process of analysing strategic decision-making
as a whole, that is, incorporating both the intention and its implementation.
The interplay and change of form provide the insight and the impetus for change to the
leader’s understanding of the schemata employed, the schemata embodied in organisational
strategy formation, as well as in decision-making. / AFRIKAANSE OPSOMMING: Die tesis handel met die konteks, inhoud (konseptueel) en proses van model ontwikkeling.
Hierdie dimensies word gekombineer om ‘n model voor te stel waarmee strategiese
besluitneming in ‘n omgewing met hoë ‘n veranderingstempo ge-analiseer kan word.
Gedurende die afgelope 230 jaar is ons sosiale omstandighede geherklassifiseer van
‘agraries’ na ‘industriëel’ en meer onlangs, na ‘post-industriëel’. Natuurlik is organisasies
deel van die totale sosiale omgewing en kan strategievorming, as ’n proses wat geplaas is
binne organisasies, alleen bespreek word binne die konteks van die huidige samelewing. Dit
is dus noodsaaklik dat die model vir die analise van strategiese besluitneming poog om na te
dink oor die ontwikkeling van organisatoriese strategieë in die huidige omgewing. Die snelveranderende
omgewing word gekenmerk deur onsekerheid wat ’n impak het op
organisatoriese besluitneming.
Hoofstuk 2 beskryf hoe die gevolge van onsekerheid besluite en resultate beïnvloed, veral
wanneer in ag geneem word wat die besluitnemer se vermoë is om risikos wat voortspruit uit
die omgewing, asook organisatoriese risikos binne die eie werksdomein, te bestuur. Die losse
verband tussen oorsaak en gevolg lei tot konseptuele probleem wanneer ‘n linêre rasionaliteit
gebruik word om betekenis te vorm. Besluitnemers ervaar eise om sodanige betekenis (en
struktuur) te verander, gebaseer op die werklikheid soos dit ervaar word, aangesien skynbare
teenstellings na vore kom. Ten einde sulke teenstellings te bowe te kom, word
konstruktiwisme as ‘n metodologie gebruik om aannames oor gedrag en struktuur te erken.
Die aannames word bespreek met gebruik van konseptuele kontinuums (wat die skynbare
teenstellings in ’n eenheid voorstel), en word gestel as raamwerk wat bedoel is om leiers te
help om suksesvol met onsekerheid om te gaan. Orde word byvoorbeeld tydelik tot stand
gebring deur organisatoriese standaarde wat organisatoriese stabiliteit bring Innovasie as
konsep word daarnaas geassosiëer met die soepelheid wat nodig is om in dinamiese
omgewings suksesvol te wees. Strategievorming handel in hierdie tesis met die konsepte
‘organisering’, ‘standardisering’, ‘rasionalisering’, ‘ontluiking’, ‘kompleksifikasie’ en
‘innovasie’ wat deel vorm van sodanige raamwerk.
Hoofstuk 3 gee insig in die organisatoriese orde wat ontluik uit die interaksie tussen
‘strategievorming’ as bewuste proses en die ontluikende en veranderlike organisatoriese en
kontekstuele kragte wat oor tyd heen aan die orde kom. Die proses vorm ‘n narratief – en
voorsien gedeeltelik organisatoriese stabiliteit. Strategieë ontluik soos wat die instelling deur
die interaksies gevorm word. Die interaksies is die gevolg van voortdurende wisselwerking
tussen die bedoelde strategiese intervensies en die werklike interpretasie of singewing deur
die organisasie heen en in die konteks deur diegene – insluitende die leierskap – wat die
strategieë operasionaliseer. Die proses van strategievorming gee die geleentheid vir selfrefleksie
deur die besluitnemers (die Ek), die spanlede (die Ons), en die organisasie –
uitgedruk in die sosiale konstrukte wat deur kommunikasie, prossese en aksies geskep word.
Hoofstuk 4 verbind die individuele konsepte in ‘n iteratiewe proses van strategievorming, om
daarmee struktuur uit verhoudings te skep. Dit maak die daarstelling van ’n normatiewe
model wat gebruik kan word in die analise van strategiese besluitneming as geheel, dit wil sê,
met insluiting van beide die intensie en die implementering, moontlik.
Die interaksie en verandering van vorm gee die insig en die impetus vir verandering aan die
leier se verstaan van die skematas wat gebruik word, skematas wat beliggaam is in
organisatoriese stratiegievorming en besluitneming.
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Ontwikkeling van 'n besluitnemingsmodel vir geselekteerde bedryfsaktiwiteiteMaartens, Willem Pieter 14 April 2014 (has links)
Ph.D. (Business Management) / Please refer to full text to view abstract
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