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Published in:
1989 | OriginalPaper | Chapter
A framework for decisions
Author : Stephen Hill
Published in: Managerial Economics
Publisher: Macmillan Education UK
Included in: Professional Book Archive
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The basis of successful management is the effective practice of decision-making. Effective decision-making occurs by accident rarely enough to make these decision-makers legendary — the exceptions that prove the rule. In the majority of successful organisations (and the organisations most likely to be durable), effective decision-making must build upon the firm foundations of training and experience.