Decision processes matter as much as outcomes from "summary" of Judgment in Managerial Decision Making by Max H. Bazerman,Don A. Moore
The essence of decision-making lies not only in the final outcome but also in the processes that lead to that outcome. While it is tempting to focus solely on the end result, it is crucial to recognize that the steps taken to arrive at a decision can significantly impact its quality and effectiveness. In the realm of managerial decision-making, this concept holds particular relevance, as the choices made by leaders can have far-reaching consequences for organizations and individuals. By understanding that decision processes matter as much as outcomes, managers can cultivate a more thoughtful and deliberate approach to their decision-making practices. This involves taking into account the various factors that influence the decision-making process, such as cognitive biases, social influences, and environmental constraints. By doing so, managers can enhance the quality of thei...
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