Is Decision Making and its process Overrated?
Thinking on this topic for a while but what really prompted me to write the article is this piece of baffling story I read about GM. After the 2008 financial crisis when they were on the verge of going bankrupt GM was not only looking to shore up their North American operations but also find ways to get an olive branch for their Global Operations. US Lawmakers did not allow GM to use taxpayers money to bail out their Global Operations. Looking into that article and going thru the events that happened and how GM’s leadership took the decisions they took I was wondering about “Decision Making” and its process. Read more articles on this topic including this one from HBR . A lot of them talked about frameworks, others talked about complex leadership capabilities and while other talked about soft skills required. According to Wikipedia though it is.. "In psychology , decision-making is regarded as the cognitive process resulting in the selection of a belief or a