Decision Making

1 Page
Unlock Document

University of Toronto Scarborough
Management (MGS)
Phani Radhakrishnan

Decision Making - First, executives may fail to see or seek out key information needed to make a sound decision - Second, they may fail to use the information that they do see because they arent aware of its relevance - Finally, executives may fail to share information with others, thereby bounding the organizations awareness Failure to See Information - The ability to focus on one task is undoubtedly useful, but focus also limits awareness - People overlook more than just the information they ,7039 expecting - Another area of perceptual blindness has to do with gradual change Failure to Seek Information - Seeking disconfirming information is a powerful problem solving approach, but it is rarely a part of our intuitive strategies - Generating contradictory evidence should be part of everyones job. But one way to integrate this form of thinking is to assign a devils inquisitor role to a member
More Less

Related notes for MGSC46H3

Log In


Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.