Rational Decision-making

Decision-making and Valuation

Best Practices
Dale Kennedy, US

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.


Leo1, NZ


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

Brendan Dunphy, France

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, USA

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, UK

Rational Decision Making

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

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

@Pradeep deo: I used your idea especially in cases...

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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