Latest Decision making Stories

Recognition of outstanding use of rational process given in two categories: single/team use and organizational deployment. PRINCETON, N.J., March 21, 2013 /PRNewswire-iReach/ -- Kepner-Tregoe (KT), the global capability development and consulting company, today announced the results of its annual International Process Achievement Awards--a recognition of the best use of rational process--or Clear Thinking--from companies around the world. Gold, silver and bronze awards were given...

Carnegie Mellon University When faced with a difficult decision, it is often suggested to "sleep on it" or take a break from thinking about the decision in order to gain clarity. But new brain imaging research from Carnegie Mellon University, published in the journal "Social Cognitive and Affective Neuroscience," finds that the brain regions responsible for making decisions continue to be active even when the conscious brain is distracted with a different task. The research provides...

Constraining choice isn’t necessarily a good thing when it comes to managers’ problem-solving, according to a new Canadian study. Managers tend to pick higher-risk options when forced to choose between competing alternatives to complex situations, according to researchers from the University of Guelph and University of Waterloo whose study was published recently in the Journal of Business Ethics. But when they’re not forced to choose, managers tend to reflect more and solve...

PRINCETON, N.J., Jan. 15, 2013 /PRNewswire/ -- Increased profits through higher productivity and quality as well as lower costs has long been considered the holy grail of operational excellence. Kepner-Tregoe, the global capability development and consulting company, helps organizations achieve all three through their newly upgraded KT Problem Solving and Decision Making (PSDM) solution. (Logo: http://photos.prnewswire.com/prnh/20121114/MM13944LOGO) Today, the...

Turns out the trope is true: You should trust your gut — as long as you’re an expert. So says a new study from researchers at Rice University, George Mason University and Boston College. “How expert someone is within a particular domain has a positive impact on their ability to make an accurate gut decision,” said Rice’s Erik Dane, lead author of a study published last month in the journal Organizational Behavior and Human Decision Processes. However, he added, “Even if...

redOrbit Staff & Wire Reports - Your Universe Online If it seems as though some people are more confident in the decisions that they make than others, it's because of differences in how their brains are wired, a team of UK researchers have discovered. Writing in the journal Nature Neuroscience, Professor Ray Dolan and colleagues from the Wellcome Trust Centre for Neuroimaging at University College London (UCL) have pinpointed the specific regions of the brain that work together to...

NEW YORK, Nov. 28, 2012 /PRNewswire/ -- Beginning with Adam in the Garden of Eden and continuing down through the annals of history, poor decision-making has disastrously impacted the personal futures of even those thought to be the smartest. Joe Paterno, Lance Armstrong, and General Petraeus are some of the latest notables to be undone by dumb decisions. They're not likely to be the last. Yet wise decision-making is a simple skill everyone can learn. For most of us, it is the...

PRINCETON, N.J., Nov. 15, 2012 /PRNewswire/ -- Can your organization think for itself? That's what Kepner-Tregoe helps companies figure out and improve. (Logo: http://photos.prnewswire.com/prnh/20121114/MM13944LOGO) The global capability development and consulting company, based in Princeton, New Jersey, specializes in clear thinking solutions that enable organizations to run more efficiently, drive productivity and improve bottom-line results. Today, Kepner-Tregoe announced a...

Alan McStravick for redOrbit.com - Your Universe Online Intuition will tell the thinking mind where to look next – Jonas Salk We make decisions every day. The number of decisions we must make is innumerable. From when to get up, to which towel to use after the shower, to how much toothpaste to squeeze out of the tube, to coffee or tea, etc., etc. And this previous list that hasn’t even gotten you out the front door on your way to work doesn’t even take into account our...

Alan McStravick for redOrbit.com - Your Universe Online Two similar scenarios, but for the timing involved, require different parts of your brain to help you make a decision. Let’s say you are driving on the freeway when the car in front of you blows a tire. You have only milliseconds to process the situation, make your decision and act. Do you slam on your brakes or pull out of the lane suddenly? Either decision could be right or wrong. Scenario 2 has you driving down the same freeway....