Article

Facing the Threat of Disaster: Decision Making When the Stakes are High

Michal Tamuz and Eleanor T. Lewis

in The Oxford Handbook of Organizational Decision Making

Published in print March 2008 | ISBN: 9780199290468
Published online September 2009 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199290468.003.0008

Series: Oxford Handbooks in Business and Management C

 Facing the Threat of Disaster: Decision Making When the Stakes are High

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The first part of this review examines decision making under the threat of disaster; the second part concentrates on decision making in the midst of disaster; and the third focuses on the choices made during post-disaster investigations. For ease of presentation, the article considers these disaster-related phases separately, but in practice, they circle back and interlink in a mesh of feedback loops. Often only a post-disaster investigation, for example, clarifies what occurred in the midst of disaster. The article concludes with a discussion of several decision-making practices that organizations have developed to help address some of the challenges for decision makers identified throughout the review.

Keywords: decision making; threat of disaster; feedback loops; post-disaster investigation; decision-making practices; organizations

Article.  7634 words. 

Subjects: Business and Management ; Organizational Theory and Behaviour ; Business Strategy

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