Decision tree - The most picturesque of all the allegedly s… - Robert Heller

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Decision tree - The most picturesque of all the allegedly scientific aids to making decisions. The analyst charts all the possible outcomes of different options, and charts all the latters' outcomes, too. This produces a series of stems and branches (hence the tree). Each of the chains of events is given a probability and a monetary value.

Robert Heller

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About Robert Heller

Robert Heller (June 10, 1932 – August 28, 2012) was a British management journalist, management consultant, author of a series of management books, and the founding editor of Management Today.

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My first book “The Naked Manager”, a big success in 1971, had been followed by many others, and I wanted to write still more. Writing books is very interesting as each new project takes you in a different direction. You learn a lot – especially about what you yourself really think.

CEO of General Electric for 30 years, Jack Welch was declared the greatest manager of the 20th century. Focusing firmly on results, he revolutionized management to achieve phenomenal growth for his company.

Effective management always means asking the right question.

Decision tree - The most picturesque of all the allegedly scientific aids to making decisions. The analyst charts all the possible outcomes of differ… - Robert Heller

About Robert Heller

Additional quotes by Robert Heller