This article reviews a selection of recent articles from academic journals. Multiple researches on “how do individuals process different inputs to make complicated decisions?” have been conducted to know the inner working of the human brains to make decisions. This topic would explore multiple dimensions for managers to rethink about their decision criteria.
Psychologist, during research, took into consideration the decision making topics. How higher ambidexterity – an ability to switch between two dimensions, exploitation of familiar options and explorations of new possible alternatives—can cause to increase the competency of better decision making. How negative consequences of overloaded information could be reduced through “psychological distancing”. How well-suited decision default rules can generate the desired results. How individuals utilizes the past experience to forecast future. How one’s independence to seek choice can lead to satisfaction, and how competency gets affected by seeking advices from multiple sources.
Related Case Solutions & Analyses:
Hybrid Insights: Where the Quantitative Meets the Qualitative
Planning Human Resources
Humanitarian Assistance/Disaster Relief: What Can We Learn from Commercial Supply Chains?
Crossing the Line: Don Imus and the Rutgers Women’s Basketball Team
Navigating Organizational Politics: The Case of Kristen Peters (A and B)
Bayer CropScience in India (A): Against Child Labor
Preparing Family Business Cases
Taran Swan at Nickelodeon Latin America (A), Chinese Version
Taran Swan at Nickelodeon Latin America, Video
Nokia: The Inside Story of the Rise and Fall of a Technology Giant
