Q5-c2-P
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Questions and Answers

What has contributed to the growth in ethical lapses in business?

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What does the question 'Is it ethical?' aim to assess in the decision tree?

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What should leaders do to foster a culture of evidence-based decision making?

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How can leaders overcome 'rampant optimism' and inflated views of their own abilities?

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Why is it important for everyone in an organization to take responsibility for gathering and acting on data?

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What mindset should leaders embrace regarding their organization?

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Why is avoiding letting the allure of novelty overshadow existing ideas important?

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What is the main difference between explicit knowledge and tacit knowledge?

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Why might small entrepreneurs facing resource constraints rely on intuition for decision-making?

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What is a key implementation principle for fostering a culture of evidence-based decision making?

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How can leaders avoid complacency in decision making, based on the provided information?

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Why should leaders avoid making exaggerated claims about forthcoming products or initiatives?

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