MIT Sloan Management Review Article on Problem Solving and Decision Making

  • 1h 4m
  • MIT Sloan Management Review
  • MIT Sloan Management Review
  • 2017

What is the difference between a decisive leader and an impulsive one? What is the best way to confront problems within a team?

In this collection of articles, you'll learn:

  • the importance of proper problem formulation
  • how even small or insignificant errors and losses can cut into profit margins
  • the necessary steps to take in order to avoid making poor decisions in complex situations
  • how to deliberately promote improvisation in order to foster innovation
  • the cognitive barriers to making rational decisions
  • Toyota's unique methods for problem solving and decision making
  • the positive aspects of dissent

Learn more about MIT SMR.

In this Book

  • Introduction
  • The Most Underrated Skill in Management
  • Saving Money Through Structured Problem-Solving
  • Stop Jumping to Solutions!
  • Learning the Art of Business Improvisation
  • Why Our Minds Swap Out Hard Questions For Easy Ones
  • Toyota’s Secret—The A3 Report
  • When Consensus Hurts the Company

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