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	<title>Comments on: Why We Make Bad Business Decisions</title>
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	<description>Entrepreneurship, Startup Companies and Business Philosophy</description>
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		<title>By: David Gibbons</title>
		<link>http://www.businesspundit.com/why-we-make-bad-business-decisions/comment-page-1/#comment-157</link>
		<dc:creator>David Gibbons</dc:creator>
		<pubDate>Thu, 10 Nov 2005 23:14:48 +0000</pubDate>
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		<description>I also like Covey&#039;s explanation for bad decisions being the result of either winning or loosing win/loose deals.

Covey says we make bad deals because we either don&#039;t have a &quot;walkaway&quot; strategy or aren&#039;t imaginative enough to come up with a &quot;win-win&quot; scenario. Both are pRobably the result of &quot;believing what we want to believe&quot; ... i.e. not properly valuing the other party&#039;s role in our buisness dealings.
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		<content:encoded><![CDATA[<p>I also like Covey&#8217;s explanation for bad decisions being the result of either winning or loosing win/loose deals.</p>
<p>Covey says we make bad deals because we either don&#8217;t have a &#8220;walkaway&#8221; strategy or aren&#8217;t imaginative enough to come up with a &#8220;win-win&#8221; scenario. Both are pRobably the result of &#8220;believing what we want to believe&#8221; &#8230; i.e. not properly valuing the other party&#8217;s role in our buisness dealings.</p>
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