Administrative Behavior: A Study of Decision-Making Processes in Administrative Organization

Simon's 1947 book is one of the foundational texts of modern management theory — the argument that real organisations make decisions through bounded rationality rather than the idealised comprehensive rationality of classical economics, and that the structure of the organisation is mostly a structure for processing information and making decisions. Simon won the Nobel Prize in Economics largely for this line of work. For product direction it is dense foundational reading: most contemporary frameworks for organisational decision-making are echoes of Simon, often diluted. Read alongside his "Designing Organizations for an Information-Rich World" for the shorter companion. A reference, not a read-through.