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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 ...
Personality tests tend to follow a simple formula: rate yourself on a series of statements such as “I feed off of the energy of others” or “I am prone to overthinking a situation” or “I rely on logic ...
Every transformative company, career leap, or disruptive innovation can be traced back to a single, pivotal decision—for example, the moment Bezos launched Amazon from his garage, when Musk bet ...
A “gut feeling” emerges when information and experience work together with efficiency and accuracy. Here’s how you can sharpen your intuition for better decision-making. Risk is inherent in making ...
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 ...
Consensus decision-making fosters collaboration but can slow progress if not managed effectively. Balancing consensus with leadership ensures efficiency without sacrificing inclusivity and engagement.
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 ...
Have you ever thought about it that some individuals can decide which direction their life will take regarding their career ...