Business success requires quick decision-making — not long, drawn-out consensus-building. The risk isn't as great as you think, so make a decision and get moving.
We asked an emergency physician who studies decision-making under pressure about leadership. His insights reveal why the best leaders think like scientists of themselves.
Making decisions is a daily reality for everyone, but for entrepreneurs, the higher stakes and volume can lead to decision fatigue. Addressing its root causes and creating a system to mitigate burnout is essential to prevent mental and emotional exhaustion.
When we're trying to reach a goal, we lose sight of the fact that we need to make tradeoffs. Goals aren't as simple as a proclamation — they are part of a bigger strategy.
Balancing data-driven insights with intuition is crucial for effective decision-making, allowing entrepreneurs to see beyond the numbers and make connections that foster innovative solutions.
You often hear entrepreneurs say, "We don't know what we don't know," when talking about deficiencies in data gathering. But when you have data in silos, it's more a case of "We don't know what we DO know."
Cassie Kozyrkov, leader in decision intelligence and CEO of Data Scientific, delves into effective decision-making and its role amid the rapid advancement of AI.
Business decisions often involve weighing ethics against profits. Find ways with a few tips to prioritize ethics and build trust with employees and customers.
Abstaining from choices, even small ones, can negatively impact our relationships. These decision-making tactics will make you a better co-founder, colleague and spouse.
We are human beings with emotions, passions and goals. When it comes to making big decisions, here's why the integrity of a handshake, the power of looking someone in the eye or the connection of sharing a meal or drink with someone cannot happen over a virtual call.