Good decisions, bad luck: Why the most effective managers think in bets - Business Daily

Author: businessdailyafrica.comPublished on: October 14, 2026Country: Kenya
Business & Economy
Good decisions, bad luck: Why the most effective managers think in bets - Business Daily

The article states that success or failure depends on decision quality and luck, as explained by Annie Duke. It emphasizes the importance of distinguishing between decision and outcome to make smarter choices amid uncertainty. Thinking in terms of bets helps managers evaluate their decisions more strategically, accepting that good decisions can sometimes lead to poor results, and vice versa.

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