Tag Archives: decision making
7 Strategies for Better Group Decision-Making
Are more minds are better than one, right? Not necessarily. When you have a tough business problem to solve, you likely bring it to a group. After all, more minds are better than one, right? Not necessarily. Larger pools of knowledge are by no means a guarantee of better outcomes. Because of an over-reliance on […]
How To Stop Second-Guessing Your Biggest Decisions
One thing to keep in mind: The decision is the start of a process, not the end of one. We put a lot of pressure on ourselves to make the “right” decision. People agonize over whether to take a particular job, because they are concerned they may not love the work. They spend a lot […]
How to Make Sound Decisions With Limited Data During the Coronavirus Pandemic
Marketing professor Oded Netzer explains the challenges of data-driven decision-making during the COVID-19 crisis. Coronavirus presents an unprecedented predicament: Everyday, leaders must make momentous decisions with life or death consequences for many—but there is a dearth of data. Oded Netzer is a Columbia Business School professor and Data Science Institute affiliate who builds statistical and […]