Is there a difference between wrong decisions and bad decisions? Why do good managers sometimes make wrong decisions? Bad decisions?
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Is there a difference between wrong decisions and bad decisions? Why do good managers sometimes make wrong decisions? Bad decisions?
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- What are the biases that frequently cause managers to make poor decisions? What are some of the innovative techniques managers can use to make decisions? Describe at least two techniquesIf were to pick one of your past decisions, which one would you pick? Give an example of a terrible decision you made that resulted in a positive conclusion. What was the rationale behind each choice?Can we really learn to make decisions?
- What are the four personal decision styles used by managers? What are the biases that frequently cause managers to make poor decisions? What are some of the innovative techniques managers can use to make decisions? Describe at least two techniques.Why better intelligence and knowledge that leads to better decisions are important?Consider an example of your own choice to explain the major differences between Entrepreneurship and Management when it comes to Decision making?
- What are the key factors to consider when making decisions as a manager, and how can managers ensure they make informed and rational choices?What are the ethical considerations that leaders should keep in mind when making tough decisions?What are some strategies that might work to help counteract present bias and to help people to make decisions today that will lead to the tomorrow that they envision wanting to life in?
- In your company's management development program, there was a heated discussion between some people who claimed, "Theory is impractical and thus no good," and others who claimed, "Good theory is the most practical approach to problems." What position is better and why?Why is decision making often described as the essence of a manager’s job?Is there a difference between wrong decisions & bad decision?Why do good managers sometimes make wrong decision? Bad decision?How can managers improve their decision-making skills?If managers frequently use experience and intuition to make complex, non-programmed decisions, how do they apply evidence-based management (which seems to suggest that managers should rely on facts and data)?
