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Using Adaptive Decision-Making in Customer Management - Ideas for Leaders

Using Adaptive Decision-Making in Customer Management

Idea #241

Using Adaptive Decision-Making in Customer Management

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KEY CONCEPT

How do managers make decisions related to customer relationship management? This Idea looks at research that shows that the majority of managers are adaptive in their decision-making, and those that demonstrate the highest accuracy in their decisions also employ “fast and frugal heuristics” – i.e. rather than using careful analysis of information, they use experience-based techniques for problem solving.


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Idea conceived

July 1, 2013

Idea posted

Oct 2013
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