In a small, highly aligned team, collective decision making can be efficient. But as an organization scales up, consensus-driven business decision making becomes a bottleneck. In the modern workforce, ...

Would it be correct to assume that the whole path of your decision-making process today is based on data? Of course. However, senior executives need to make much effort to draw reasonable conclusions ...

In high-pressure environments, leaders often hesitate to make bold decisions for fear of failure. But what if the real failure is avoiding the decision altogether? One essential leadership trait is ...

This post is a review of Choose Wisely: Rationality, Ethics, and the Art of Decision-Making. By Barry Schwartz and Richard Schuldenfrei. Yale University Press. 277 pp. $32.50. Rational Choice Theory ...

Many would consider emotions to be a hindrance to decision-making and, therefore, think that they would be better off without them. They may avoid or suppress them, rather than feel, process and ...

We live in a data-centric world, with artificial intelligence (AI) as the engine that increasingly drives decision-making. Companies and government agencies all seek to make smarter decisions, often ...

The ways in which humans can be triggered into making irrational decisions are many and varied. Investors make higher bids for stocks when the sun is shining. If you add paper packaging to a product ...