Every decision comes with an element of risk. It’s a fact that can paralyze a leader who overthinks in their effort to drive that risk to near zero before they act. It’s a common enough phenomenon to ...
Research in decision-making has increasingly focused on the continuum between maximisation and satisficing. Maximisation is characterised by an exhaustive search for the optimum option, often ...
Leaders must make decisions every day. The most effective leaders are transparent about their decision-making. They communicate to their people how decisions will be made and establish a clear ...
The job of a manager is, above all, to make decisions. At any moment in any day, most executives are engaged in some aspect of decision making: exchanging information, reviewing data, coming up with ...
Leadership is often associated with making tough decisions, and leaders are frequently judged by the decisions they make and their impacts. However, how these decisions are made can have a significant ...
This post is written by Bhavleen Singh, research affiliate at the Department of Economics, Monk Prayogshala. At 18, society often labels us as adults, yet this milestone merely scratches the surface ...
Traditionally, a CEO has been able to use intuition to foresee market trends and identify opportunities to lead the company to success. Based on years of experience in the industry, they would make ...
Delivering high-quality care starts with understanding what matters most to each patient. Clinicians can’t choose treatments that match patients’ priorities and values until they engage with them. The ...