Click here to read more.This podcast discuss different facets of decision-making. Key themes include:1. identifying and mitigating common decision-making biases, such as confirmation bias and sunk cost fallacy, offering tips to improve objectivity. 2. structured, step-by-step process for making effective decisions, particularly in a business context, emphasising framing the decision, building the right team, and managing group dynamics. 3. advantages and implementation of collaborative decision-making, highlighting how it enhances quality, engagement, and innovation by involving multiple perspectives. 4. strategic decision-making within organisations, detailing its importance for long-term goals, the challenges involved, and the need for data-driven approaches and considering the broader impact of choices.
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