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Thursday, January 04, 2018

On Transparent Decision Making

Am a student of the analysis of the process of decision making.

The Downside of Transparent Decision Making  In Kellogg Insight ... 

Why you’ll get a better recommendation from a committee that deliberates behind closed doors.   Based on the research of Ronen Gradwohl and Timothy Feddersen

How transparent should decision making be?

You’re an executive with a big decision to make. Perhaps there is a key C-suite position to fill, or a question about whether to enter a new market. So you turn to an advisory committee, appointing people who you believe will offer wise counsel because they collectively have more information about the issue than you do.

It would seem logical that you would want that committee to be fully transparent with you in their deliberations, right? After all, you would get more information if you knew what went on behind closed doors.

But according to a recent analysis by a pair of Kellogg School researchers, requiring transparency may actually yield less information than allowing deliberations to go on in private.  .... " 

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