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Subject Matter Expertise vs Professional Management in Collective Sequential Decision Making
David Shoresh, Yonatan Loewenstein
https://arxiv.org/abs/2509.15263 https://

Subject Matter Expertise vs Professional Management in Collective Sequential Decision Making
Your company's CEO is retiring. You search for a successor. You can promote an employee from the company familiar with the company's operations, or recruit an external professional manager. Who should you prefer? It has not been clear how to address this question, the "subject matter expertise vs. professional manager debate", quantitatively and objectively. We note that a company's success depends on long sequences of interdependent decisions, with often-opposing recommendations of diverse boa…