One day this month, the first Tuesday of November, brought plenty of news for students of decision-making to ponder. There were big election results in the US: new mayors in New York and Boston, one governor newly elected in Virginia and another re-elected in New Jersey. Meanwhile, in business, BlackBerry’s CEO stood down as an offer to rescue the ailing company fell through, while a high-profile investor, Bill Ackman, posted strong returns even as one of his most notable investments — taking a short position on the nutrient supplier Herbalife — garnered controversy.
High-Stakes Decisions Are Rarely Dispassionate
In the realm of executive decision-making, cognitive biases can play a very different role.
November 13, 2013
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New!
HBR Learning
Decision Making Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Decision Making. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Practical ways to improve your decision-making process.