Discuss the article, How to Make Better Decisions with Less Data by Menon

Discuss the article, How to Make Better Decisions with Less Data by Menon

Thompson (2016),

Title: “How to Make Better Decisions with Less Data”

Author: Tanya Menon and Leigh Thompson

Date of Publication:November 07, 2016

Published: Harvard Business Review

Assignment Questions:

Read the attached article titled as “How to Make Better Decisions with Less Data” by Tanya Menon and Leigh Thompson, published in Harvard Business Review, and answer the following Questions:

1. Summarize the article and explain the main issues discussed in the article. (In 500-600 words)

2. Discuss in relations to what you have learnt in the courseabout the four steps of intentional thought to help convert data into knowledge and wisdom? Use additional reference to support your argument. (In 200-400 words)

Critical Thinking Question

3. If you collect too much information for analyzing a decision, you can suffer from analysis paralysis, where you spend too much time thinking about a decision rather than making one. Recall a major financial decision you made recently, such as of a car or housing purchase or rental. Describe your process for making the decision. How could analysis paralysis have affected this process?(In 200-400 words)

APA

Answer preview

Get instant access to the full solution from www.essaycounter.com by clicking the purchase button below.

words limit:1472 words