On teaching business decision-making in complex domains

This paper treats teaching decision-making in business as a separate issue from teaching business decision support. We consider business decision-making ability to be a combination of theory and practice (experience) and hence, perceive teaching decision-making an exercise that has to take both, business theory and business experience into consideration; this can be achieved with experiential learning. Complexity in the business environment and different learning environments are discussed. Selected instances of teaching decision-making under complexity are presented for illustration.