Rational 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.
As a result, 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, NZ
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Decision-making
I agree it's about gut feel and knowing your Values.
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Brendan Dunphy, France
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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, USA
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Rational decision making!
I hope I never work at a company that believes only in gut feeling approaches to decision making, an... Sign up
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Ivan Lax, UK
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Rational Decision Making
I think it is more about helping groups understand why they make the decisions they do or how they a... Sign up
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