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Decision making

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In life’s sliding door moments, how do you make the right decisions?

Marriage, career, children – the big decisions in life can often be the hardest. Is there an optimal method for making a choice? And how do you factor in loss and regret?

  • Jackson Graham

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Optus boss Kelly Bayer Rosmarin resigned after the network outage, which was the second crises the company suffered in 13 months. It was the subject of a cyberattack last year.

The lessons Australia’s CEOs are failing to learn

What remains surprising is how often companies and chief executives fail to learn lessons from past crises even though corporate Australia is littered with them.

  • Anne Hyland
AMP chief executive Alex George: policy on both retirement incomes and financial advice will be important.

AMP boss Alexis George in a tussle with activist investors

AMP’s management is convinced it has the plan to resuscitate the venerable brand’s fortunes, but multiple institutional investors want decisive action, including a further break-up of the company.

  • Anne Hyland
Mr Musk purchased Twitter in October for $US44 billion ($66 billion).

The foundations of Elon Musk’s digital town square are wobbling

There are signs that Elon Musk is trying to restructure the mountain of high-cost debt he took on to acquire Twitter, with his own actions post-acquisition further undermining the platform’s already-shaky finances.

  • Stephen Bartholomeusz
Lqd Technology founder Hugh Simpson has been managing his Ukrainian team remotely after leaving the country in February following the Russian invasion.

Safety first key for businesses managing Ukraine war risk

Businesses are putting the safety of their Ukraine-based workers first, while continuing to pay wages and pausing operations.

The federal government found relatively high complaint numbers and consumer dissatisfaction with telecommunications providers.

The ethical hotline that can help with your COVID conundrums

If you’re in a dilemma about dobbing in a friend who attended an anti-lockdown protest, or wondering whether to prioritise home-schooling over work, this free hotline may be of help.

  • Julie Power
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It’s important to remember that decisions made were likely the best at the time.

When making a decision, ignore the advice about trusting your gut

One expert advises approaching the issue in a detached manner: “There’s a lot to be said for thinking about the problem like a scientist.”

  • Evelyn Lewin
Amazon

Will Amazon be the same after Jeff Bezos stands aside?

The implications of the decision for Amazon aren’t yet clear but there will be significant interest in how hands-on Jeff Bezos turns out to be in his new role.

  • Stephen Bartholomeusz
British economics professor Mervyn King.

How economics could get better at solving real world problems

The study of economics has lost its way because economists have laboured for decades to make their social science more mathematical and thus more like a physical science.

  • Ross Gittins
Like Alice in Wonderland looking at the disappearing Cheshire Cats, people are very good at coping with uncertain situations. It’s amazing how often we get it right - and that’s not blind luck, economists say.

Why humans beat computers at knowing when to leap into the unknown

Unlike computers working on algorithms, people are very good at coping with radical uncertainty. It’s amazing how often we get it right - and that’s not blind luck, economists say.

  • Ross Gittins

Original URL: https://www.theage.com.au/topic/decision-making-hzw