What are current issues in managerial decision making?
• Common decision errors and traps include the availability, representation, and anchoring and adjustment biases, as well as framing error, confi rmation error, and escalating commitment.
• Creativity in decision making can be enhanced by the personal creativity drivers of individual creativity skills, task expertise, and motivation.
• Creativity in decision making can be enhanced by the situational creativity drivers of group creativity skills, management support, and organizational culture. For Discussion Which decision trap seems most evident as an infl uence on bad choices made by business CEOs today?
