Decision Making

ARTICLE-WHAT DO EMOTIONS HAVE TO DO WITH DECISION MAKING?
ARTICLE-WHAT DO EMOTIONS HAVE TO DO WITH DECISION MAKING? 918 307 Karl-Heinz Oehler

All decisions carry emotions because they all contain elements of risk. Data, facts, analysis are great contributors to the decision-making process. However, they are descriptors of the past. Decision making is about the future, hence, it deals with uncertainty—especially in highly complex situations. Uncertainty, in turn, carries risk, and taking risk involves emotions. Constantly changing…

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EMOTIONS AND DECISION MAKING: WHAT’S THE CONNECTION?
EMOTIONS AND DECISION MAKING: WHAT’S THE CONNECTION? 918 307 Karl-Heinz Oehler

What do emotions have to do with making decisions? Aren’t data, logic, and practical goals the most important factors in decisions—especially business decisions? Don’t well-structured decision-making processes prevent the undue influence of emotions? That’s what we like to think, but that’s not the way we actually work. Why? Because all decisions involve risk. So while…

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