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Bias busters: War games? Here’s what they’re good for

Bias busters: War games? Here’s what they’re good for

Using simulations to better anticipate the movements of our competitors.

Author(s): Hugh Courtney, Tim Koller, Dan Lovallo

Publisher: McKinsey Quarterly

Date of publication: 2020

Read this article on the publisher's website [McKinsey Quarterly]

Synopsis

This article is one of the sources used in Manageris’ synopses:

Deciding while under pressure

Deciding while under pressure

When we make decisions, we are inevitably subjected to biases—that are all the more powerful when we are under pressure and the stakes are at their highest. How can you nonetheless secure the vital strategic decisions?
291b – Synopsis (8p.) Decision Making