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Episode 2: Decision making theories

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Manage episode 285735620 series 2882253
Content provided by BELA-Business-ProgramDirector-MBAL@usq.edu.au and University of Southern Queensland Master of Business Administration. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BELA-Business-ProgramDirector-MBAL@usq.edu.au and University of Southern Queensland Master of Business Administration or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This episode focuses on two key decision making theories: rational (sometimes also called classical) and behavioural. We explore how rational decision making may be the ideal but does not always reflect the reality of business decision making. This reality means that decision makers often need to use intuition and gut instincts to make satisfactory rather than optimal decisions.

To discuss this topic we talk to Richard Hughes CEO of the Ipswich Jets Rugby League and Netball clubs. Richard has also lead fundraising teams of major not for profit organisations, is a founder of his own multi-award winning start up, and more recently, the CEO of the Children’s Tumour Foundation.

Find Richard online:

Find our more about USQ's MBA.

  continue reading

5 episodes

Artwork
iconShare
 
Manage episode 285735620 series 2882253
Content provided by BELA-Business-ProgramDirector-MBAL@usq.edu.au and University of Southern Queensland Master of Business Administration. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BELA-Business-ProgramDirector-MBAL@usq.edu.au and University of Southern Queensland Master of Business Administration or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This episode focuses on two key decision making theories: rational (sometimes also called classical) and behavioural. We explore how rational decision making may be the ideal but does not always reflect the reality of business decision making. This reality means that decision makers often need to use intuition and gut instincts to make satisfactory rather than optimal decisions.

To discuss this topic we talk to Richard Hughes CEO of the Ipswich Jets Rugby League and Netball clubs. Richard has also lead fundraising teams of major not for profit organisations, is a founder of his own multi-award winning start up, and more recently, the CEO of the Children’s Tumour Foundation.

Find Richard online:

Find our more about USQ's MBA.

  continue reading

5 episodes

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