In today’s fast-paced business environment, making well-informed decisions quickly is a crucial skill for leaders. Understanding different models of decision-making can provide you with the tools to ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Decisions shouldn’t happen in a vacuum — or in a black box. But for modern decision-makers, ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. When discussing a business issue, I've found higher capacity leaders often begin a ...

Handler, Abram; Larsen, Kai R.; Hackathorn, Richard. Large language models present new questions for decision support. International Journal of Information Management. Dec2024, Vol. 79, pN.PAG-N.PAG.

Business leaders and managers make decisions daily in a world full of uncertainty, with the intention of solving problems. Gaps in knowledge, skill sets and unforeseen variables impact decisions.

When a decision needs to be made, the responsibility naturally falls to the leader in charge. A sound decision can't be made in isolation. What are the advantages of communication? When a leader ...

There are two main approaches to decision making in business. The rational approach based on logic and analysis is favored by many business schools. In practice, most decisions are made using an ...

Have you ever wondered how artificial intelligence seems to “think”? Whether it’s crafting a poem, answering a tricky question, or helping with a complex task, AI thought process systems—especially ...

Human insights Given the inherent limitation to scientific models of, say, climate change or the spread of viruses, it could make sense to get a wider range of people involved when turning the ...