Why Making the Decisions the Right Way is More Important Than Making the Right Decisions
Richard Ivey School of Business
Ivey Business Journal
Discusses the importance of the decision-making process over the decisions themselves. Factors behind the acceptance of conventional wisdom by some people and organizations; Analysis of the decision of U.S. President John F. Kennedy to authorize U.S. government assistance for the Bay of Pigs invasion to overthrow the regime of Cuban leader Fidel Castro; Advantages of process-centric learning.