The continuing saga of satellite technology development is as much a story of successful risk management as of innovative engineering. How do program leaders on complex, technology projects manage high stakes risks that threaten business success and satellite performance? This grounded theory study of risk decision making portrays decision leadership practices at one communication satellite company. Integrated product team (IPT) leaders of multi-million dollar programs were interviewed and observed to develop an extensive description of the leadership skills required to navigate organizational influences and drive challenging risk decisions to closure. Based on the study's findings the researcher proposes a new decision making model, Deliberative Decision Making, to describe the program leaders' cognitive and organizational leadership practices. This Deliberative Model extends the insights of prominent decision making models including the rational (or classical) and the naturalistic and qualifies claims made by bounded rationality theory.How Do Experts Make Decisions? The decision making ... These decision making studies have supported development of two distinct perspectives: the rational (or classical) and the naturalistic schools of thought. These two perspectives haveanbsp;...
|Title||:||Leadership of Risk Decision Making in a Complex, Technology Organization: The Deliberative Decision Making Model|
|Author||:||Susan C. Flaming|
|Publisher||:||ProQuest - 2007|