Gut Feeling / Intuition in Decision-making

Decision-making and Valuation

 

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Decision-making and Valuation > Best Practices

Dale Kennedy
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. (...) Read more? Sign up for free

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  Leo1
 

Decision-making

I agree it's about gut feel and knowing your Values.

  Brendan Dunphy
 

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.

  Paul Ward
 

Rational decision making!

I hope I never work at a company that believes onl (...)

  Andrew Smith, Quality Management and Auditing, Philippines
 

Rational Decision Making

I think the Gut Feeling Approach is only applicabl (...)

  Ivan Lax
 

Rational Decision Making

I think it is more about helping groups understand (...)

  NIGAH-E-NAZAR , Financial Consultant, Pakistan
 

Imagination and Intuition in Decision-making

Albert Einstein acknowledged the importance of int (...)

  pradeep deo, Strategy Consultant, India
 

Gut Feeling in Decision Making | Improving your Gut Feeling

A situation which calls for decision making always (...)

  Gandhi Heryanto, Management Consultant, Indonesia
 

Gut Feeling in Decision Making

Follow Your Gut, Your Instincts Are Seldom Wrong. (...)

  Bernd Born, Manager, Germany
 

Rational Decision Making or Gut Feeling

This is a different approach. I think an important (...)

  Ivan Kohlinsky, Management Consultant, United Kingdom
 

Gut Feeling is a Valuable Add-on to Decision Making Methods

Gut feeling should not be a substitute for all the (...)

  Bernd Born, Manager, Germany
 

Gut Feeling in Decision Makin

@: I used your idea especially in cases there was (...)

  Sridhar Gopal, Management Consultant, India
 

Intuitive Decision Making

When making everyday management decisions, most of (...)

  Anneke Zwart, Student (University), Netherlands
 

Technocratic versus Intuitive Decision Making

In managing a business efficiently, managers have (...)

  Jaap de Jonge, Editor, Netherlands
 

The Rationality of Decision Making is Limited Anyhow

Herbert Simon wrote that cognitive blinders preven (...)

 
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Decision-making and Valuation

 

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