Leadership is often associated with making tough decisions, and leaders are frequently judged by the decisions they make and their impacts. However, how these decisions are made can have a significant ...
The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Dan McKone It’s become an ...
In a previous post, we considered three of seven "irrational" habits of highly rational people. Here we consider the remaining four, as well as some suggestions for distinguishing the genuinely ...
In a perfect world, all investors would make what finance professors call “rational economic decisions.” Essentially saying that as investors, our actions would be rational, risk-averse, and maximize ...
In today’s fast-paced business environment, making well-informed decisions quickly is a crucial skill for leaders. Understanding different models of decision-making can provide you with the tools to ...
Warner Bros. Discovery CFO Gunnar Wiedenfels enraged strikers with remarks about the company's cost savings in an earnings call. (Photo by David Livingston/Getty Images) As Warner Bros. Discovery’s ...
We make decisions every day, many of which are so straightforward that we hardly notice we are making them. But we tend to struggle when faced with decisions that have uncertain outcomes, such as ...
The Effect of Mental Illness on Autonomous Decision-Making Capacity. One key tenet of medical ethics is respect for patient autonomy. Respect for autonomy generally requires treating patients as ...
There is a saying among people in medical school that when you're learning about what to do in an emergency situation, before you take the pulse of the person you see laying still, take your own pulse ...
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