Discover how partnerships handle decision making through consensus, democracy, or delegation, and the impact of business structure on these processes.

Running a company doesn’t leave much room for hobbies. But if you know me, you know I make time for one obsession: rituals. My fascination with rituals started from a conversation with my friend Bing ...

Smart leaders with vast data still make bad decisions. But others, under similar pressure, make game-changing ones. In 1982, Johnson & Johnson swiftly recalled 31 million bottles of Tylenol after ...

Many leaders who excel early in their careers eventually become the very reason their organizations stall. The individualistic traits that once fueled their success, like solving problems through ...

Most leaders believe AI is about speed, but speed without clarity doesn’t create strategy. It multiplies confusion. The truth is, AI doesn’t replace leadership judgment. Instead, it amplifies it. For ...

Professionals don’t experience uncertainty in decision making — as an amateur, I “knew” this. Before I worked in a medical center, I thought medicine was an exact science: Doctors were trained to ...

To better understand decision-making, researchers can create computational models—groups of equations that aim to predict what decisions people would make when faced with a set of choices. For example ...

Starting a new business can be a leap into the unknown. The main question I think you should ask when starting a business or pivoting to a new one is whether to trust your instincts or rely on data.