November 1, 2021

Six Decision-Making Traps Directors Can Avoid

Boards can frequently trace flawed decisions to the process directors used in making the decision: unclear objectives, wrong information, disproportionately weighting options, etc. Often, however, the fault lies not with the process but with the mindset of those making decisions. When directors think about their decision-making in traditional ways, too often they fall through one of these decision-making traps..