TY - BOOK AU - Gerber,Jochen AU - Arms,Hanjo AU - Wiecher,Mathias AU - Danner,Christian ED - SpringerLink (Online service) TI - Leveraging Flexibility: Win the Race with Dynamic Decision Management SN - 9783642543623 AV - HD28-70 U1 - 658.4092 23 PY - 2014/// CY - Berlin, Heidelberg PB - Springer Berlin Heidelberg, Imprint: Springer KW - Economics KW - Engineering economy KW - Industrial management KW - Operations research KW - Entrepreneurship KW - Economics/Management Science KW - Business Strategy/Leadership KW - Operation Research/Decision Theory KW - Engineering Economics, Organization, Logistics, Marketing KW - Finance/Investment/Banking KW - Management/Business for Professionals N1 - Value Flexibility - It Propels Sustainable Decisions -- Evolution of the New Approach -- Solving the Mystery of Uncertainty -- Making Bull's-eye Decisions in Volatile Settings -- Flexibility Surprises - Its Significance and Its Value -- The Total Value of Today's Decisions and Tomorrow's -- Taking Action - Applying DDM -- Applying Dynamic Decision Management - Four Case Studies -- Appendix: Behind the Scenes N2 - What is the probability of your operations achieving the desired profitability? What role does flexibility play in your business plans? Have you ever considered its value in concrete terms? Being able to react to the unexpected by taking a strategic change of course can prove to be the salvation of a company and its leaders. Flexibility, risk, probability and their interrelated value are the key components of Dynamic Decision Management (DDM), a breakthrough approach to validating your decision making process and ensuring the desired results. Using the DDM approach, the well-known and widely accepted complex methods involving scenario building become obsolete. Why? Because DDM does the unthinkable: It integrates the influence of uncertainty and entrepreneurial flexibility in the strategic decision making process – and does so with precision UR - http://dx.doi.org/10.1007/978-3-642-54362-3 ER -