The basis of contingency theory in management is that there is no one best way to handle any task or process. Whether organizing an entire company or planning a production work flow, the best solution ...

Decision analysis represents a practical framework for environmental decision making in the face of uncertainty. Aa Aa Aa The conservation of species and ecosystems represents a fundamental challenge ...

A popular saying holds that "the difference between theory and practice is that in theory there is no difference." This witticism is especially relevant to management theory because many managers ...

What's the logic behind popular management theories? Discover the pros and cons of these theories in our detailed guide.

Journal of Business Ethics, Vol. 139, No. 4, Special Issue on The 27th EBEN Annual Conference in Berlin (December 2016), pp. 755-776 (22 pages) Ethical decision-making (EDM) descriptive theoretical ...

Business leaders and managers make decisions daily in a world full of uncertainty, with the intention of solving problems. Gaps in knowledge, skill sets and unforeseen variables impact decisions.

Over the past several decades, organizations have invested vast resources in data infrastructure to improve decision success, but the results are mixed. A new approach called “decision-back” flips the ...

Frederick Taylor's scientific management theory uses time-motion studies and four key principles to improve workplace ...

The likelihood that the firm's information systems are insufficiently protected against certain kinds of damage or loss is known as "systems risk." Risk can be managed or reduced when managers are ...