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March 15, 2017

Robust decision making

I have always thought that I am a very analytical person who questions everything before making a decision but when we started doing the judgment exercise I was blown away. . After the second lecture, I started questioning my ability to take non-subjective decisions.We always tend to treat the data and information that we receive subjectively. We may focus on some aspects more than the others. For example, focusing on the productivity output on how much did we produce today instead of why.Furthermore, understanding the process of decision making and the difference, variance and complexity of a decision would enable me in the future to try to work on system two decisions instead of relying on system one. Even though the decision tools were overwhelming I am looking forward to apply them for next week's presentation.


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