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Assessment of Managerial Decision-Making Skills Using the FactOrEasy(R)

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F20%3A81752" target="_blank" >RIV/60460709:41110/20:81752 - isvavai.cz</a>

  • Result on the web

    <a href="https://erie.v2.czu.cz/en/r-15999-proceedings-2020" target="_blank" >https://erie.v2.czu.cz/en/r-15999-proceedings-2020</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Assessment of Managerial Decision-Making Skills Using the FactOrEasy(R)

  • Original language description

    The paper deals with the FactOrEasy(R) simulation game. The main objective is to propose a way of assessing managers decision-making skills based on their error behaviour in this simulation. For this purpose, we conducted an experiment in which decision-making of 15 managers in a particular situation was examined. Based on the findings, we developed a scale for categorizing managers from the least skilled to the most skilled as follows: managers who constantly repeat a systematic error that reflects a lack of knowledge and experience, managers who make occasional errors caused by unawareness as a result of inattention or by slips when they know the right solution but fail in its execution, faultless managers who always make the right rational decisions. This categorization is conducted by analysing data files, which contain records and results of the game attempts and can be exported from the game administration.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50204 - Business and management

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2020

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of the 17th International Conference Efficiency and Responsibility in Education 2020

  • ISBN

    978-80-213-3022-1

  • ISSN

  • e-ISSN

  • Number of pages

    9

  • Pages from-to

    225-233

  • Publisher name

    Czech University of Life Sciences Prague

  • Place of publication

    Prague, Czech Republic

  • Event location

    Prague

  • Event date

    Jun 4, 2020

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article