Experts advised that most disasters in organizations are the result of a series of small problems or mistakes. Most bad decisions are errors in judgment that originate in the human mind’s limited capacity and in the natural biases that managers display during decision making. As a consultant specialising in strategic planning and development, explain how might you apply this understanding in helping your clients to avoid making major mistakes.

Experts advised that most disasters in organizations are the result of a series of small problems or mistakes. Most bad decisions are errors in judgment that originate in the human mind’s limited capacity and in the natural biases that managers display during decision making. As a consultant specialising in strategic planning and development, explain how might you apply this understanding in helping your clients to avoid making major mistakes.

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter9: Managerial Decision Making

Section: Chapter Questions

Problem 6DQ

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