6 years, 5 months ago

The 5 most known pitfalls for informed decision making

Everybody has experienced moments where they had to make a big or important decision, but without any form of guidance, help, or support. It’s a well-known fact that managers make many decisions based on gut feeling. For smaller decisions that may be right, but what about big(ger) strategic decisions? We can see that informed decision making is becoming a trend, dispelling gut-based decisions and incorporating tools and analytics to come to the best decision. However there is no holy grail and there are still some pitfalls/reasons for caution down the road regarding informed decision making.