When you need to make an important decision, a dispassionate consideration of the likelihood of various outcomes and their probable costs and benefits is the best way to go.
If this method is really the optimum way to make decisions, then we’d expect it would be the decision making model of choice for successful (i.e. profitable) business people. But a fascinating, new study reveals that’s not the case at all. The study of decision making by 101 stock investors in the August/ September issue of the Academy of Management Journal showed that:
No comments:
Post a Comment