ABSTRACT

This concluding chapter reviews the theory from the viewpoint of the situational factors that determine the data properties that create errors, through the intervening methodological problems. Hopefully, statistico-organizational theory can shed new light on management by illuminating aspects that are neglected by existing organizational theories. Specifically, the theory focuses on how the inferences managers make from numerical data contain errors that can mislead managerial decision-making. However, rather than focus on error sources, which would simply mirror the arrangement of the book, we shall approach the issues in terms of the data properties that cause the errors. Focusing on the data takes us to the perspective of the managers in the organizations and thereby gives a managerial orientation. In order to fully appreciate the role of numerical sources of errors by managers, it is necessary to give it due attention, and the chapter is offered as a modest step in that direction.