SESSION 10 | INDIVIDUAL DECISION MAKING
Is individual decision making a learned or an intuitive skill? What examples of individual decision making resonate with you?
One perspective on individual decison making
Why we make bad decisions | Dan Gilbert
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Can rules and algorithms serve to automate our decisions?
So the real question isn’t "How do I remove unpredictability and randomness from my business?" It’s "How do I deliberately make and structure decisions to increase the chance that novel ideas or outcomes lead to improvement?"
Three Proven Ways To Navigate Uncertainty | Alison Randel
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You don't have to read these unless you wish to, but we might touch upon them in conversation
Read Individual Decision Making, a 2011 article on the topic in Exforsys, a consultancy
If you are interested in this topic in some depth, you may read Edwards, W. (1954). The theory of decision making. (Psychological Bulletin, Vol. 51, No. 4, 1954, p. 380-417.)
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things we'll talk about
- how do ethics and loyalty impact an individual's likeliness to decide ethically within an organization?
- what kinds of pressures does an individual have to contend with that an organization does not? (family duties come to mind)
- are individual decisions within an organization less important than the decisions made by organizations as a whole? more important? the same?
- could you have made this decision in that situation?
If the session will include an in-class exercise, it will be noted here.
