Wednesday, October 27, 2010

Decision Making

I think when we refer to rational leaders making irrational decisions is more along the lines of they are making different choices in how to do a project. I think to the norm it is irrational however it may also be a better plan as irrational to the norm it may seem. I also think that to the employees of a leader some of his/her choices may seem irrational to the employee however that maybe because of lack of information on behalf of the employee. To be a good leader I believe it's a good idea to keep all your employees in the loop.

The presentation of information into a situation has different effects. For instance one time I went out and saw a sign saying “sale buy two for 1.50 each” while on the other hand I saw another larger bottle for 2.75. The funny part was that I bought the two for 1.50 each but later looked back and realized that the liquid amount of the larger bottle was more than the two that were on sale. End result was I paid more for less. If I had been introduced to this information earlier I would have made a totally difference choice. The only information that I had at the time was that it was on “sale” which made my choice for me.

1 comment:

  1. I've done the exact same thing on multiple occasions, because I was totally focused on the sales or clearances instead of the actual amount of stuff I was getting.

    If we ran into the situation again, do you think we would have done the same thing?

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