How Decisions Are Made - Deepstash
How Decisions Are Made

How Decisions Are Made

The approach to how decisions are made.

  • consensual: decisions are made in groups through anonymous agreement. (uppercase D decision)They tend to take longer but are fixed and inflexible once a consensus is reached. This includes cultures such as Japan, Sweden, Germany, Netherlands, etc.
  • top-down: decisions are made by an individual, usually the boss. (lowercase d decision) Such decisions are made quickly, early in the process but are flexible and can be adapted later on. Cultures include India, China, Russia, Nigeria, US.

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A book for leaders on how to succeed in managing across international and diverse cultural contexts of today’s workplace

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Group decisions are not risk-free

  • Groups are better equipped than individuals to recognize an answer as correct. But, when the whole group is susceptible to similar biases, groups are inferior to individuals.
  • Polarization can occur in groups. One major bias in risky decision making is optimism, while doubts are sup...

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