Decisionmaking
McKinsey Quarterly recently had a series on strategic decision making called “Seeing Through Biases in Strategic Decisions”, of which we highlight two articles and link to one by Harvard Business Review. Taken together, it’s great food for thought when you try to apply this line of thinking to investing and even marketing and advertising.
Our thoughts go out to the families affected by floods everywhere, but this picture had us thinking about the book “Too Big To Fail”. Unlike other books about the financial crisis that shook the world recently, Mr. Sorkin’s book deals with the real-time, day-to-day background discussions and decision-making in the eye of the storm. And decisions made in times of turmoil can lead to less-than-ideal outcomes and a false sense of security.
