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Ep. 205: Derek Leatherdale: On Demystifying Geopolitical Risk

The Decision-Making Studio Podcast

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Misconceptions in Decision Making

Some organizations rely on high-quality media coverage and opinion pieces to make decisions, assuming they are well-informed, even in critical situations. This reliance on external sources without further validation can lead to misconceptions and blocks in decision-making processes. In one example, organizations dismissed intelligence warnings about Russian intentions in Ukraine based on media opinions, which resulted in significant impacts such as financial losses and other indirect consequences. These organizations often overlook utilizing internal resources like government affairs teams, missing out on valuable information that could provide a more informed decision-making process.

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