Wednesday, March 20, 2013

[Article] Decision making in the Absence of Adequate Data


Decision making in the Absence of Adequate Data

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How many times a week do you need to make a decision without all the facts you'd like to have? If you're a manager -- of anything, from a household to a multi-billion-dollar corporation to your own life --you're probably faced with that kind of challenge daily. But in this rationally oriented culture, you may not realize there are ways to make quite sensible decisions without adequate logical information, yet with a minimum of stress. Doing this effectively requires learning to operate with … [Read more...]

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