Why don't managers use models when making decisions?

Answer 1

Managers may avoid using models in decision-making due to time constraints and the complexity involved in understanding and applying these models. Additionally, they might rely on intuition or experience, believing that real-world nuances cannot be captured by a model. There can also be a lack of trust in the accuracy of the model or skepticism about its relevance to specific situations. Lastly, the dynamic and unpredictable nature of many business environments can make rigid models seem inadequate.