Decision analysis looks at the paradigm in which an individual decision maker (or decision group) contemplates a choice of action in an uncertain environment. The theory of decision analysis is ...

CATONSVILLE, Md., Nov. 11, 2025 – A new peer-reviewed study in the INFORMS journal Decision Analysis finds that while generative AI (GenAI) can help define viable objectives for organizational and ...

To be an entrepreneur is to expect change. The business world is rarely static, and leaders who are able to meet obstacles head-on and create solutions are better able to survive long term. This is ...

Decisions shouldn’t happen in a vacuum — or in a black box. But for modern decision-makers, adjusting the decision-making process to incorporate new information sources and technologies can be as ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Businesses across the globe rely on their leaders to make important decisions that will have ...

Consensus decision-making fosters collaboration but can slow progress if not managed effectively. Balancing consensus with leadership ensures efficiency without sacrificing inclusivity and engagement.