Capital spend is growing significantly across multiple industries and it is a crucial factor of financial success to organizations. In our experience working with Fortune 250 companies, they tend to lack a structured process when allocating capital for projects. This challenge has in turn spawned a need for a method in which companies can allocate capital to their strategic priorities. …
The Subjectivity of Decision Making
Decision making seems like a straightforward process of conscious mental functions. We view making decisions as an application of conscious mental process such as cost and benefit analysis, likes and dislikes, value systems and personal preferences related to those values. Yet, decision making involves a whole other part that is mostly subconscious. That’s what makes it tricky! The subconscious part …
How to Scientifically Eliminate Decision Remorse
Many of us have very frequently been in a situation wherein we are face to face with a particular issue that requires us to make a decision. Then, right after making a choice, you begin to question that decision. Was it the right thing to do? Perhaps things would have been better if you had made a different decision? The …