1.Do you think evidence-based management seems like common sense? 2.Are there circumstances in which evidence-based management might not be the best approach? 3.Could automated evidence-based management ever replace human decision makers? 4.Would you want to work under Jack Welch’s system at General Electric? “Management decisions [should] be based on the best evidence, managers [should] systematically learn from experience, and organizational practices [should] reflect sound principles of thought and analysis.”

1.Do you think evidence-based management seems like common sense? 2.Are there circumstances in which evidence-based management might not be the best approach? 3.Could automated evidence-based management ever replace human decision makers? 4.Would you want to work under Jack Welch’s system at General Electric? “Management decisions [should] be based on the best evidence, managers [should] systematically learn from experience, and organizational practices [should] reflect sound principles of thought and analysis.”

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter2: Managerial Decision-making

Section2.1: Overview Of Managerial Decision-making

Problem 3CC: In addition to the owners of a business, who are some of the other stakeholders that managers should...

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