The reality is that a first-rate decision-making process is both teachable and learnable. You can boil it down easily to an eight-step model for any moderately important decision.

Decision making is an essential process we all use. The work of Kahneman, Thaler, Simon and Klein all shed light on heuristics or models to consider when making decisions.

Emergent large language models (LLMs) such as OpenAI’s ChatGPT (particularly its latest iteration, GPT-4), Claude AI and Gemini have demonstrated limited decision-making. In this article, we ...

The decision-making process of a manager can be broken down into seven steps. Although each step can be examined at length, managers often run through all of the steps quickly when making decisions.

Decision-making usually involves a mixture of intuition and rational thinking; critical factors, including personal biases and blind spots, are often unconscious, which makes decision-making hard ...