• Media type: E-Book
  • Title: The potency of shortcuts in decision-making : a growing body of research suggests that CEOs who use heuristics can make more effective decisions than those who take a more comprehensive approach
  • Contributor: Kruse, Sebastian [VerfasserIn]; Bendig, David [VerfasserIn]; Brettel, Malte [VerfasserIn]
  • imprint: [Cambridge, Massachusetts]: MIT Sloan Management Review, 2023
  • Issue: [First edition].
  • Extent: 1 online resource (5 pages)
  • Language: English
  • Keywords: Decision making ; Heuristic algorithms
  • Origination:
  • Footnote: "Reprint 65123."
  • Description: Recent research shows that rather than engaging in comprehensive decision-making, CEOs may be better off relying on heuristics — simple rules of thumb that require little information and analysis. Often based on direct learning experiences, heuristics are used consciously and deliberately, and frequently result in superior decision outcomes.