Improving the Decision-making by Managers: Choice Architecture

12manage is looking for students. Info

Decision-making and Valuation

 

Next Topic

Decision-making and Valuation > Best Practices > Improving the Decision-making by Managers: Choice Architecture

Improving the Decision-making by Managers: Choice Architecture
Anneke Zwart, Student (University), Netherlands, Moderator
A different approach towards improving decision making is 'Choice Architecture'.
In every organization, employees tend to make decisions that will neither benefit their employer nor themselves. According to Beshears (2015), this happens not because those employees are stupid, but rather because of certain patterns in the human brain that lead us to:
- Underestimate the time needed for a certain task;
- Neglect critical information;
- Overestimate our own ability to perform ce... Read more? Sign up for free
 

 
Improved Decision Making by Managers
K.Narayana Moorthy, HR Consultant, India, Member
To access this reaction, Sign up for free
 

 
Of Companies That are Oblivious
Emmanuel Mwirichia, Manager, Kenya, Member
To access this reaction, Sign up for free
 

 
Participatory Method of Managerial Decision-making
Masserigne, Senegal, Member
To access this reaction, Sign up for free
 

 
Decision Making with Data
Raj Mohan, Management Consultant, India, Member
To access this reaction, Sign up for free
 

 
Start by Identifying the Decision Point
Sale, Manager, United Kingdom, Member
To access this reaction, Sign up for free
 

 
Importance of Decision Criterion
Vijay Bhatia, Consultant, India, Member
To access this reaction, Sign up for free
 

 
Decision Making... the Cause of Management Problems
Subbaram Ranganathan Aiyar, Professor, Lesotho, Member
To access this reaction, Sign up for free
 

 
The Importance of Developing Decision Criteria
K.Narayana Moorthy, HR Consultant, India, Member
To access this reaction, Sign up for free
 

 
How to Ensure ETHICAL Decision-making by Managers
libin xiao, Student (MBA), China, Member
To access this reaction, Sign up for free
 

 
The Importance of CONFIDENCE in the Decision Criteria
K.Narayana Moorthy, HR Consultant, India, Member
To access this reaction, Sign up for free
 

 
Decision-making is the Core Job of a Manager
Varun, India, Member
To access this reaction, Sign up for free
 

 
Making and Taking Decisions
Vijay Bhatia, Consultant, India, Member
To access this reaction, Sign up for free
 

 
3 Simples Ideas to Improve Managers' Decisions
Zoniaina, Coach, Madagascar, Member
To access this reaction, Sign up for free
 

 
Context of Decision Making Process
Boris Verbitsky, Entrepreneur, Israel, Premium Member
To access this reaction, Sign up for free
 

 
Initial Band-aids in Decision Making
Barney Wade Howard, Manager, United States, Member
To access this reaction, Sign up for free
 

 
Issues of a Choice Architecture
Gandhi Heryanto, Management Consultant, Indonesia, Premium Member
To access this reaction, Sign up for free
 

 
Choice Architecture Must Include Decision Making and Follow Through
Briolett, Manager, Canada, Member
To access this reaction, Sign up for free
 

 
Including Follow Through In Choice Architecture
Vijay Bhatia, Consultant, India, Member
To access this reaction, Sign up for free
 

   

React to this discussion topic? Sign up for free

 


Your first visit to 12manage?

12manage is a global knowledge platform for managers, consultants, teachers, academics and students about management. To use all functions of 12manage, a (free) membership and login is required. Would you like to keep on developing yourself in management? Sign up for free.



Decision-making and Valuation

Forum
Best Practices


Decision-making and Valuation

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2019 12manage - The Executive Fast Track. V15.1 - Last updated: 17-10-2019. All names of their owners.