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 ...

Working from Simon's framework, we describe how LLMs introduce new questions at each stage of this decision-making process. We then group new questions into three overarching themes for future ...

Decision making is a vital component of small business success. Decisions based on a foundation of knowledge and sound reasoning can lead the company into long-term prosperity; conversely ...

First, the decision-making structure posited by the bureaucratic politics model is not nearly as prevalent within the executive branch as is commonly assumed. Second, even where the bureaucratic ...