This decision-making process is often "behind-the-scenes," meaning that even front-line leaders may be unaware of the inputs and considerations that went into the decision-making, or the leader's ...

Rational ignorance (ra·tion·al ig·no·rance) noun The choice to remain uninformed because the costs of becoming educated outweigh the benefits. Time is a resource arguably more precious than money.

A decision-making system – whether an individual human or a complex entity like an organization – is rational if, given a set of choices, it chooses to maximize expected gain.

Of the companies that felt they were best-in-class in making critical decisions, the highest percentage of leaders—31%—had a data-rational style, outstripping all other methods.