Experiences in Multiobjective Management Processes

Abstract

In the sixties I performed a piece of descriptive and theoretical work with multiobjective problems seen from the point of view of managerial economics/operations research. The result was the book Studies in Multiobjective Decision Models, Studentlitteratur, Lund, 1968. The conclusion of the book is that a solution of a multiobjective problem in managerial practice is a continuous process of systems formulation and reconstruction according to what the relevant decision-makers desire from the resources that they control. In this continuous search-learning process it is wise to draw upon several disciplines, especially the behavioral sciences.