Discover how partnerships handle decision making through consensus, democracy, or delegation, and the impact of business structure on these processes.

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 ...

I discovered many years ago that good leadership creates an environment that embodies the ideal balance of empowerment and accountability. Empowerment devoid of accountability is anarchy, and ...

Do you use these mental models for efficient decision-making in your daily life? If not, you’re missing out on the opportunity to make more thoughtful and informed choices. Mental models are cognitive ...

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more Emergent large language models (LLMs) such ...

In a large group of independent decision-makers, those who reach a decision most quickly also tend to be those with the strongest initial biases. The finding comes from a mathematical model of ...

Discover how multivariate models use multiple variables for investment forecasting, risk analysis, and decision-making in ...

To better understand decision-making, researchers can create computational models—groups of equations that aim to predict what decisions people would make when faced with a set of choices. For example ...

A group of researchers led by Saudi Arabia's King Fahd University of Petroleum & Minerals (KFUPM) has developed a novel spatio-temporal decision-making model for the development of hybrid photovoltaic ...

Credit: Getty Images Respect for the autonomy of patients does not mean leaving them to navigate health care decisions on their own. Shared decision-making enables physicians to serve as guides to ...

Tactical Decision-Making is a strategy of focusing on immediate actions to assess the immediate options, weighing their potential risks and applying these factors to a decision. It sounds like what a ...