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On the shoulders of giants: Lindblom on decision making
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE).
2009 (English)In: Global CEO Magazine, Vol. 9, no 3, 9-13 p.Article in journal (Other academic) Published
Abstract [en]

This year we look back to a seminal paper by Charles Lindblom. He recognized that complex problems do not have clear objectives and thus in the real world explicit evaluations, comprehensive overviews and quantified values for analyses are impossible. Consequently, decision makers `muddle through' some important decisions. This muddling is explored and several observations from Swedish field studies are cited. The applicability to low understanding/incremental change situations suggest it may be used in a broad number of decisions and thus we might benefit by becoming better practitioners of the approach.

Place, publisher, year, edition, pages
IUP , 2009. Vol. 9, no 3, 9-13 p.
Keyword [en]
Global CEO Magazine, Nova Scotia Business Inc., NSBI, Business Financing, Citco Fund Services, Hedge Fund Administrator, US Markets, World-class Technology, Ventures Canadian Fund, Business Financing, Financial Services, Business Practices, Nova Scotia Unlimited Liability Companies, NSULC, Public and Private Sectors, Global Economy.
National Category
Business Administration
Research subject
Business Studies
URN: urn:nbn:se:umu:diva-46023OAI: diva2:436855
Available from: 2011-08-25 Created: 2011-08-25 Last updated: 2014-10-23Bibliographically approved

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