Risk is inherent in making high-stakes decisions. Even with a wealth of data and analytics available, seasoned and experienced professionals frequently rely on gut instinct to navigate complex decisions, especially under pressure.

Laura Huang, associate professor of business administration at Harvard Business School, writes in Harvard Business Review, “In several studies I’ve conducted over the past eight years looking at high-stakes decisions, such as surgeons making life-or-death emergency room decisions, or early-stage investors deciding how to allocate millions of dollars in startup capital, I found that the role of gut feel is often to inspire a........

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