Comments on: Why decision by committee often fails http://mindyourdecisions.com/blog/2010/05/06/why-decision-by-committee-often-fails-2/ Articles on game theory and personal finance Tue, 22 May 2012 15:59:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Peter http://mindyourdecisions.com/blog/2010/05/06/why-decision-by-committee-often-fails-2/comment-page-1/#comment-11114 Peter Mon, 12 Sep 2011 23:32:20 +0000 http://mindyourdecisions.com/blog/?p=2313#comment-11114 I agree with committees not always beeing the best way. You could spend quite som time with a lot of people holding meetings in a room without getting anywhere. But once in a while a committee actually brings value. Some things are just easier to talk about face to face. I agree with committees not always beeing the best way. You could spend quite som time with a lot of people holding meetings in a room without getting anywhere. But once in a while a committee actually brings value. Some things are just easier to talk about face to face.

]]> By: Thoughts http://mindyourdecisions.com/blog/2010/05/06/why-decision-by-committee-often-fails-2/comment-page-1/#comment-10607 Thoughts Sun, 04 Sep 2011 16:59:41 +0000 http://mindyourdecisions.com/blog/?p=2313#comment-10607 This assumes that the decision space is only made up of two options: right and wrong. While this decision space is true in many instances, it may not be true in the instance of committees. Generally, if a decision space is made up of only two answers (right & wrong), you wouldn't even go to a committee; one person can make this decision equally as well as a committee, so there is no benefit in bringing in a committee. However, if the decision space is made up of multiple graded decisions, each carrying with it some trade off, a committee might be a better place to explore the possibilities. In any case, the point being made is, your solution is only valid in the case of right and wrong. Real decisions often don't boil down to right and wrong. This assumes that the decision space is only made up of two options: right and wrong. While this decision space is true in many instances, it may not be true in the instance of committees. Generally, if a decision space is made up of only two answers (right & wrong), you wouldn’t even go to a committee; one person can make this decision equally as well as a committee, so there is no benefit in bringing in a committee. However, if the decision space is made up of multiple graded decisions, each carrying with it some trade off, a committee might be a better place to explore the possibilities. In any case, the point being made is, your solution is only valid in the case of right and wrong. Real decisions often don’t boil down to right and wrong.

]]> By: Brand Building: Fear Decisions By Committee | Oasis Creative http://mindyourdecisions.com/blog/2010/05/06/why-decision-by-committee-often-fails-2/comment-page-1/#comment-9096 Brand Building: Fear Decisions By Committee | Oasis Creative Fri, 12 Aug 2011 10:51:23 +0000 http://mindyourdecisions.com/blog/?p=2313#comment-9096 [...] David Ogilvy understood the perils of decision by committee. He knew that this approach to decision making often failed. [...] [...] David Ogilvy understood the perils of decision by committee. He knew that this approach to decision making often failed. [...]

]]> By: Mark http://mindyourdecisions.com/blog/2010/05/06/why-decision-by-committee-often-fails-2/comment-page-1/#comment-9069 Mark Thu, 11 Aug 2011 16:31:55 +0000 http://mindyourdecisions.com/blog/?p=2313#comment-9069 Great article, interesting and educational. Committees may not be great at making decisions, but they tend to be ok at proofreading ;-) Great article, interesting and educational.

Committees may not be great at making decisions, but they tend to be ok at proofreading ;-)

]]> By: Brandon http://mindyourdecisions.com/blog/2010/05/06/why-decision-by-committee-often-fails-2/comment-page-1/#comment-8260 Brandon Tue, 29 Mar 2011 19:27:05 +0000 http://mindyourdecisions.com/blog/?p=2313#comment-8260 I think Scott makes some valid points. I think the idea of a committee is to open discussions. Just one person might have a certain idea in his head of how things should work or should be. When you open different minds to the same information, that will form different opinions within each. This could possibly lead to one of the opinions being the "best decision." I'm not sure if this can correctly be determined with a mathematical equation, because as Scott said, information is dynamic. My two cents, Brandon I think Scott makes some valid points. I think the idea of a committee is to open discussions.

Just one person might have a certain idea in his head of how things should work or should be.

When you open different minds to the same information, that will form different opinions within each. This could possibly lead to one of the opinions being the “best decision.”

I’m not sure if this can correctly be determined with a mathematical equation, because as Scott said, information is dynamic.

My two cents,
Brandon

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