These words, from Nelson Mandela, speak volumes about the difficulties we face in the often-fraught process of decision-making. A decision is essentially a choice. Whether that choice involves major, ...
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How to Stop Making Bad Decisions
I saw the funniest sign, but it wasn't funny for long because I started to think about it. Suddenly, the humor melted away. The sign read: "Everything happens for a reason. Sometimes the reason is, ...
Smart leaders with vast data still make bad decisions. But others, under similar pressure, make game-changing ones. In 1982, Johnson & Johnson swiftly recalled 31 million bottles of Tylenol after ...
I saw the funniest sign, but it wasn’t funny for long because I started to think about it. Suddenly, the humor melted away. The sign read: “Everything happens for a reason. Sometimes the reason is, ...
Not every decision we make is a good one. In fact, there are some people out there who pretty much only make bad decisions. Unfortunately for the rest of us, they've got to drive cars, too, and that ...
Our decisions are increasingly shaped by machine-generated information that’s divorced from reality. Founders often fall into two traps: algorithmic authority bias (assuming a recommendation from AI ...
Bad inputs make bad decisions. Automation doesn’t change that; it makes it worse. Across all industries, everyone’s racing to automate to accelerate improved results and do more with less. The energy ...
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