Helpful Context: In this video I contextualise and review the fundamentals of Herbert Simon's theory of organizational decision making. When managers make decisions, we often assume they carefully weigh every option and choose the best possible outcome.
Rational vs Bounded Rationality Models From A Business Professor - Show Core Points
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When managers make decisions, we often assume they carefully weigh every option and choose the best possible outcome. I talk about how individual cognitive limitations impacts organizational performance. In this video I contextualise and review the fundamentals of Herbert Simon's theory of organizational decision making.
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- I talk about how individual cognitive limitations impacts organizational performance.
- In this video I contextualise and review the fundamentals of Herbert Simon's theory of organizational decision making.
- When managers make decisions, we often assume they carefully weigh every option and choose the best possible outcome.
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