Why do smart leaders still make poor decisions, even when they have good evidence?
In this conversation, James Tattersfield speaks with Baruch Fischhoff, one of the world’s leading experts on decision science and risk communication, about how people make consequential decisions under uncertainty and where those processes most often go wrong.
They explore why evidence alone is rarely enough, how communication can fail even when the underlying analysis is sound, and why leaders need to understand not just whether information is accurate, but whether it is actually being understood and used well. The conversation also examines overconfidence, disagreement, expert judgement, and the growing role of AI in decision-making.
Topics include:
- Why better information does not automatically lead to better decisions
- The difference between accuracy, comprehension and policy judgement
- How leaders can communicate risk without creating false certainty
- Why organisations need fewer but better conflicts
- The importance of testing whether people actually understand what they are being told
- How experts should work with decision-makers rather than simply hand over analysis
- The risks of overconfident or overly agreeable AI systems
- What good decision-making looks like when uncertainty cannot be removed
Baruch Fischhoff is Howard Heinz University Professor at Carnegie Mellon University and one of the leading figures in the study of decision-making, risk perception and risk communication.
James Tattersfield is the founder and CEO of Polar Insight, helping leadership teams in complex and regulated markets make decisions they can stand behind.