Strategy Decision Making
Imagine recording decision-makers' solutions to a competitive-strategy problem using four categories:
- Now-I-know
- I-already-know
- I-don't-know
- I-guessed
The Now-I-know and the I-already-know are very confident while I-do don't-know and the I-guessed are unsure. The Now-I-know and the I-don't-know are slow in making a strategy-decision while the I-already-know and the I-guessed are fast at making a decision.
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