Article Review: This Harvard Business Review article uses psychology to discuss decision making. “Yet the daunting reality is that enormously important decisions made by intelligent, responsible people with the best information and intentions are nevertheless hopelessly flawed at times.”
The authors suggest there are “three ‘red flag conditions’ that are responsible either for distorting emotional tagging or for encouraging people to see false patterns: conflicts of interest; attachment to people, place, or things; and the presence of misleading memories, which seem, but really are not, relevant and compatible to the current situation.”
For the entire article, go to: https://hbr.org/2009/02/why-good-leaders-make-bad-decisions
Campbell, Whitehead, Finklestein, (2009), Harvard Business Review