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Making Great Decisions in Business and Life Paperback – March 12, 2007
| Price | New from | Used from |
Purchase options and add-ons
- Print length287 pages
- LanguageEnglish
- PublisherChicago Park Press
- Publication dateMarch 12, 2007
- ISBN-100976854112
- ISBN-13978-0976854111
Editorial Reviews
Review
This is a book that is the best of both worlds; it's full of practival advice and it's interesting. Honestly, I carried this book around with me and read it at every spare moment. --Jack Covert, 800-CEO-READ
Making Great Decisions flows like butter. It teaches you how to think like an economist. The results may surprise or even jolt you, as you discover all the mistakes you've been making and how to correct them. --Barry Nalebuff, Yale School of Management
About the Author
Product details
- Publisher : Chicago Park Press; First Edition (March 12, 2007)
- Language : English
- Paperback : 287 pages
- ISBN-10 : 0976854112
- ISBN-13 : 978-0976854111
- Item Weight : 1 pounds
- Best Sellers Rank: #2,483,119 in Books (See Top 100 in Books)
- #5,596 in Decision-Making & Problem Solving
- #37,837 in Motivational Self-Help (Books)
- Customer Reviews:
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There is a lot to like in this book, and I found myself making numerous notes in the margins as I read along. Other readers have suggested that a lot of the material amounted to common sense, and I agree. However, if common sense is so common, why is it so often cryptically referred to as common sense?
The point is that some of the chapters created immediate value for me. Chapters entitled, "Ask What Changed" to understand the real story behind the story involving change, and "Knowing What You Want Before You Choose" and "Realize What's Important," were very well written and presented an opportunity for personal reflection - an important reason for reading this type of book.
After I read, "Create Better Alternatives" I used the concept in my business the following day. You have to like that.
In other words, there is a lot from which most people can quickly benefit.
However, this is a review for my fellow Amazon readers, and it is fair to say that you cannot read a book without comparing it to similar books - especially those previously posted for review. Otherwise, how can these reviews be of any assistance to anyone but the reviewer?
"Making Great Decisions ..." is a detailed and interesting. There are numerous examples cited, many of them arising from the biotech/pharmaceutical industries. Some of the stories are very strong, others pretty weak. I think that the reason for the latter is that this book takes too long in the telling. The beginning is much stronger than the ending because the stories are crisper/more relevant/better written.
Somewhere in here the authors probably should have exercised their own thinking about how much time a reader should be devoting to their book. By their formula, reading the entire book was probably a questionable decision in terms of time management (a topic of fomulaic discussion).
Curiously, "Moneyball" is cited by the authors as an excellent book on blending data with economics into actual practice. I agree. And, "Moneyball" is only 35% of the price of "Making Great Decisions." As you will learn from reading "Making Great Decisions", receiving this information will help you to prioritize your purchasing decisions and reading schedule.
The bottom line for me is that this is a good book, and sometimes a very good book, but too seldom one completely worthy of its title.
I will be teaching a one-half semester capstone MBA course on economics in the second half of the spring semester, and this book will be the central reading. I cannot think of a better book to bring home the message I think is crucial for MBA students to understand--that the insights of economics can improve their business skills and make them more effective in all walks of their lives. But you don't need to be an MBA student to benefit from this book. Just someone who enjoys a well-written and interesting book and wants to make better decisions.

