Business owners faced with tough decisions can use one or both of two general approaches to problem solving. The qualitative approach draws on a manager's experience and expertise, which together hone ...

Institutional investors face complex decisions—where to allocate capital, which managers to trust, how to weather volatility. These choices can’t rely on instinct alone. They require data, structure, ...

Decision analysis looks at the paradigm in which an individual decision maker (or decision group) contemplates a choice of action in an uncertain environment. The theory of decision analysis is ...

Isn’t it tragic that so many prominent leaders rely on their intuition for their decision-making process? Gut reactions are seen as something almost magical, acquired either by hard-earned experience ...

Opinions expressed by Entrepreneur contributors are their own. People make thousands of decisions a day. Some are small and insignificant, others are big and potentially life-changing. Managers, ...

Small business owners and managers make decisions that affect everyday operations and long-term profitability. These decisions typically involve making choices to achieve desired outcomes. For example ...

Increasingly, it is becoming recognized that interactive solution methods should provide not only a solution to a multiple criteria decision making (MCDM) problem, but also the opportunity for ...

Fundamentally, how does anyone know us as individual leaders and/or judge our leadership effectiveness? The first thing that might come to mind is your personality. Secondly, how you communicate: how ...

Chocolate or strawberry? Life or death? We make some choices quickly and automatically, relying on mental shortcuts our brains have developed over the years to guide us in the best course of action.