Decision-making is perhaps the essence of management, and much attention continues to be focused on how to do it better. In this Idea we consider whether managers are making the facts-based decisions they seek to make. There is research that suggests that evidence is not as frequent an input to a decision process as suggested […]
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With high failure rates being the acknowledged inevitable cost of entrepreneurial activity, examining why this is so is important. Could improving the decision-making process associated with developing and building new enterprises be the key? In this Idea, applying ‘evidence-based management’ (EBM) to avoid failure is encouraged. EBM emphasizes gathering and paying attention to data, understanding […]
Read More… from How Evidence-Based Management Reduces Entrepreneurial Risk
