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Dale Kennedy
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Gut Feeling / Intuition in Decision-making
I don't believe in any rational decision-making methods for managers. The complexity of most management decisions is big, and the circumstances change quickly. So many executives prefer the 'Gut Feeling approach'. Even if we want to be rational, our rationality is influenced by multiple Cognitive Biases. And when we're working in teams the situations gets worse due to Groupthink etc. So forget about rational decision-making models.
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Leo1
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Decision-making
I agree it's about gut feel and knowing your Values.
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Brendan Dunphy
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Gut feeling Approach
And how do you think Dale we develop our 'gut feeling approach'? It may seem that it is instinctive but in reality it has developed over time and as a result of much conscious and unconscious self-analysis, observation, questioning etc. To deny 'rational decision-making methods' for managers (or anyone else) can only serve to lessen our ability to make better decisions 'instinctively' when we need to.
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Paul Ward
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Rational decision making!
I hope I never work at a company that believes onl (...)
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Andrew Smith
Quality Management and Auditing, Philippines
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Rational Decision Making
I think the Gut Feeling Approach is only applicabl (...)
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Ivan Lax
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Rational Decision Making
I think it is more about helping groups understand (...)
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NIGAH-E-NAZAR
Financial Consultant, Pakistan
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Imagination and Intuition in Decision-making
Albert Einstein acknowledged the importance of int (...)
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pradeep deo
Strategy Consultant, India
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Gut Feeling in Decision Making | Improving your Gut Feeling
A situation which calls for decision making always (...)
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Gandhi Heryanto
Management Consultant, Indonesia
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Gut Feeling in Decision Making
Follow Your Gut, Your Instincts Are Seldom Wrong. (...)
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Bernd Born
Manager, Germany
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Rational Decision Making or Gut Feeling
This is a different approach. I think an important (...)
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Ivan Kohlinsky
Management Consultant, United Kingdom
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Gut Feeling is a Valuable Add-on to Decision Making Methods
Gut feeling should not be a substitute for all the (...)
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Bernd Born
Manager, Germany
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Gut Feeling in Decision Makin
@Pradeep deo: I used your idea especially in cases (...)
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Sridhar Gopal
Management Consultant, India
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Intuitive Decision Making
When making everyday management decisions, most of (...)
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Anneke Zwart
Student (University), Netherlands
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Technocratic versus Intuitive Decision Making
In managing a business efficiently, managers have (...)
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Jaap de Jonge
Editor, Netherlands
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The Rationality of Decision Making is Limited Anyhow
Herbert Simon wrote that cognitive blinders preven (...)
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