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The Psychology of Decision Making in Management: Understanding Key Influences

Effective Managers

Effective decision-making is the cornerstone of successful management, but its far from a purely logical process. Psychological factors deeply influence how managers assess information, weigh options, and ultimately make decisions. Managers moods can influence their risk assessments and overall judgment.

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5 Strategies to Help You Manage Resentment for a Colleague

Harvard Business

Whether you’re already feeling resentful or just starting to feel the tinges of this emotion, try these five strategies to safeguard your and your team’s well-being and performance: pinpoint the source, step outside yourself, focus on solutions, communicate constructively, and let go.

Strategy 244
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Don’t Let Growth Muddle Your Company’s Strategy

Harvard Business

Companies often undertake investments or make decisions that slowly erode their original unique strategy or dilute the sharp boundaries that gave the firm its original clear identity. First, it helps the Board of the company rigorously evaluate growth opportunities presented by senior management.

Strategy 236
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How Project Management Tools Can Improve Business Performance in 2025

Epicflow

And what is the role of project management tools in achieving this goal? Read the article to find out. On the contrary, with a data-driven approach to decision-making, the company’s management can base their actions on insights derived from accurate and real-time information, not just assumptions.

Tools 262
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Effective Manufacturing Operations Management in 2024

Epicflow

There’s one more essential component that helps manufacturers reach their goals — manufacturing operations management (MOM). Read the article to learn more about this practice and its role in manufacturing, and explore recommendations that will drive MOM’s efficiency. What Is Manufacturing Operations Management?

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Project Management in Pharmaceutical Industry: Challenges and Opportunities

Epicflow

Read the article to learn the peculiarities of pharmaceutical project management, the key challenges these projects face, and how you can overcome them with a robust project management tool. Specifics of Pharmaceutical Projects To be able to manage pharma projects effectively, you should understand their specificity.

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Best 13 Software for Managing Your Strategic Portfolio in 2025: Trending Tools for Smarter Business Decisions

Epicflow

Strategic portfolio management software is an indispensable component of these systems. These tools are essential for translating the strategy into action, while their features should guarantee optimal resource allocation and utilization, risk management , and prioritization of projects and tasks.

Software 130