Decisions involving issues of sustainability tend to include an array of objective attributes along with highly subjective value judgments. Managers must find a way to factor qualitative attributes such as environmental, social, and ethical impact into the decision-making process.
In this video, Theodore Roosevelt Malloch, PhD, speaks with Samuel L. Seaman, PhD, on the subject of spiritual capital and virtuous business leadership.
Simulation, an analytical tool from the management science field, can be of tremendous value in generating empirical evidence about auctions when actual data does not exist.
IT and quantitative analysis offer extraordinary benefits to decision-makers but complex decisions cannot always be measurable.