1. Identify a problem/dilemma that the organization is facing. Why is it a problem, what will happen if nothing changes? What are the opportunities/benefits of change?

2. Identify poor heuristics that you don't want to fall into (when examining your decision) which inadvertently promote faulty decision-making?

3. Identify the characteristics of rationale.

4. Discuss how would you know when you are making an objective and rational decision

5. Discuss how applying the Six Step Rational Decision-Making process outlined by Blazerman, (as part of Systems 2 thinking) could help you to make an effective decision.

6. What are the potential pitfalls that can occur when we rely on systems 1 thinking, such as going with our "gut feelings" or past experience when making a decision?

7. What are the 6 assumptions (as outlined by Blazerman) that are presumed in order for this model to be effective?

8. Do you think that it is important for leaders to be able to use systems 2 thinking when making decisions? Why or why not? Is there ever time(s) when systems 1 thinking is a more effective approach over systems 2? -Why or why not?

Answer rating: 100% (QA)

1 The company involved in the process of hiring an MBA student and it has opted to limit its search to new MBAs from the top six management schools The problem here is that the organization is in need ... View the full answer