The potency of shortcuts in decision-making a growing body of research suggests that CEOs who use heuristics can make more effective decisions than those who take a more comprehensive approach

Recent research shows that rather than engaging in comprehensive decision-making, CEOs may be better off relying on heuristics — simple rules of thumb that require little information and analysis. Often based on direct learning experiences, heuristics are used consciously and deliberately, and frequ...

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Bibliographic Details
Main Authors: Kruse, Sebastian, Bendig, David (Author), Brettel, Malte (Author)
Format: eBook
Language:English
Published: [Cambridge, Massachusetts] MIT Sloan Management Review 2023
Edition:[First edition]
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
Description
Summary:Recent research shows that rather than engaging in comprehensive decision-making, CEOs may be better off relying on heuristics — simple rules of thumb that require little information and analysis. Often based on direct learning experiences, heuristics are used consciously and deliberately, and frequently result in superior decision outcomes
Item Description:"Reprint 65123."
Physical Description:5 pages