Class Discussion March 20: Collective Action and Decision-making James Surowiecki's excerpt on the wisdom of crowds presents some really compelling ideas. It would seem that crowds are more likely to ...

Collective decision-making is hardly a perfect science. Broken processes, data overload, information asymmetry, and other inequities only compound the challenges that come from large, disparate ...

Optimal decisions made in extreme conditions require effective fast and slow thinking. Artificial intelligence (AI) may improve the speed and accuracy of decisions made in life-or-death situations.

Good decision making is an art form that is scarce in many organizations. This is evident in a recent study from McKinsey, which indicated that only 20% of organizations “excel at decision making.” ...

Consensus decision-making fosters collaboration but can slow progress if not managed effectively. Balancing consensus with leadership ensures efficiency without sacrificing inclusivity and engagement.

Many organizations implementing AI agents tend to focus too narrowly on a single decision-making model, falling into the trap of assuming a one-size-fits-all decision-making framework, one that ...