April 13, 2013

RDM: some very bad decisions

The module on robust decision making has certainly increased my awareness, in terms of reflecting on some of the major decisions that are taken in this country and across the world. I now appreciate much more how one can increase the robustness of their decision. It is also very interesting to notice how people have made some bad decisions over the years and then work out what could I have done differently with the knowledge I have gained from RDM.

For example, let's consider Apple's decision to replace google maps(which had been very reliable). I think we can safely say that it was one of the worst decisions Apple has made in recent years. It probably indicates a case of egocentrism and ego based bias that we came across in the lectures. They could have made a better decision by having a well constructed decision process with tools such as trade off analysis and plus minus implications analysis.


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