This ebook is about quantitative techniques in management. It discusses the importance of conducting research and analysis on quantitative techniques that can be used to manage an organization effectively. The author focuses on the importance of quantitative techniques such as goal setting, problem solving, and situational analysis, which are required for business decision-making. It also discusses the use of quality control (QC) checklists and risk analysis tools to monitor organizational activities. These tools can help identify opportunities for improvement and pinpoint areas of weakness before they become costly errors or detrimental losses to an organization's recent performance. The author also discusses how these quantitative techniques develop over time and shows how they evolve with changes in management styles (e.g. from Command-Control to participative styles). The author's main objective is to provide a practical guide that can be used as a professional reference for those who hope to make business decisions based on quantitative techniques. The author has divided the book into four parts: Section 1 provides some critical insights into some of the basic principles and principles of statistics. it also discusses the psychology of human performance and decision making. Section 2 includes an overview of definitions and definitions followed by strategies for analyzing data and making quality decisions. It examines the use of research and data analysis tools, such as focus groups, questionnaires, structured interviews, surveys, and group decision-making techniques. Section 3 discusses the applicability of cognitive appraisal techniques to decision-making design design and delivery. It also includes a case study on how a training program for pre-school children was redesigned based on a cognitive appraisal technique. Section 4 focuses on the importance of applying the techniques to managerial decision-making and how to use these techniques with an altruistic approach that is consistent with business objectives. The book proposes a five step approach that consists of The author provides numerous examples from various organizations, including some from his own consulting work, to demonstrate the usefulness of these approaches. He illustrates this point with an example from his experience as a management consultant. Mr. Vohra worked as a management consultant for an organization that was having serious problems with its shipping and warehousing operations. Mr. Vohra's approach to solving these problems was based on a quantitative technique known as the Pareto analysis. The technique helped the organization identify and prioritize those problems with the most significant impact, set up a system to monitor those identified as significant, and take steps to minimize them in the future. This book is recommended for managers who want to learn about some of the quantitative techniques used in business such as goal setting, problem solving, and situational analysis as well as how they can be used to manage an organization effectively. It is also recommended for managers who are required to identify opportunities for improvement or to pinpoint areas of weakness before they become costly errors. 1. Introduction 2. Quantitative Techniques in Management 3. Corporate Strategy and Planning 4. Situational Analysis 5. Goal Setting and Lack of Motivation (Decision Making) 6. Problem Solving (Decision Making) 7. 81eaaddfaf 34
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