JOURNAL ARTICLE
How to Vet Information Before Making a Decision.
Published In: Harvard Business Review Digital Articles, 2024. P. 1 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Edmans, Alex 3 of 3
Abstract
This article discusses the challenges faced by business leaders in making decisions in today's complex and uncertain environment. It emphasizes the importance of vetting information before making decisions and provides a framework called the "ladder of misinference" to categorize misinformation into four missteps. The missteps include statements that are not factually accurate, facts that are not representative, data that is not conclusive, and evidence that is not universally applicable. The article suggests asking specific questions to evaluate information and emphasizes the importance of critical thinking and skepticism. [Extracted from the article]
Additional Information
- Source:Harvard Business Review Digital Articles. 2024/06, p1
- Document Type:Article
- Subject Area:Social Sciences and Humanities
- Publication Date:2024
- Accession Number:178172566
- Copyright Statement:Copyright 2024 Harvard Business Publishing. All Rights Reserved. Additional restrictions may apply including the use of this content as assigned course material. Please consult your institution's librarian about any restrictions that might apply under the license with your institution. For more information and teaching resources from Harvard Business Publishing including Harvard Business School Cases, eLearning products, and business simulations please visit hbsp.harvard.edu. (Copyright applies to all Abstracts.)
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