Asked by Heidi Canaveral on May 06, 2024
Verified
Evidence-based management helps to reduce the mental blinders and bounded rationality that prevent leaders and others from seeing,seeking,using,or sharing relevant and accessible information during the decision-making process.
Evidence-Based Management
Evidence-Based Management is the systematic use of the best available evidence to improve management practices and decision-making.
Mental Blinders
Limitations in perception or thought processes that prevent individuals from seeing the full scope of solutions to a problem.
Bounded Rationality
A theory that suggests individuals make decisions based on the limited information available to them and their limited capacity to process this information.
- Grasp the principles of evidence-based management and its limitations.
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Learning Objectives
- Grasp the principles of evidence-based management and its limitations.
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