Post Hoc Ergo Propter Hoc: “Our profits dropped after we hired the new manager; it’s her fault.”
**Understanding the Post Hoc Fallacy in Business Decision-Making** During a 2022 board meeting, in the midst of analyzing quarterly financial results, a declaration echoed through the room. It was simple yet potentially misleading: the assertion that the new manager was to blame for the drop in profits. In the fast-paced world of business, quick judgment […]