Management is all about decision making. All managers are expected to gauge options before making decisions concerning different issues and problems affecting the business. Strategic decision making can be affected by rationality and power. Viewing organisations and their surroundings environment as political systems changes our way of thinking regarding the decisions we make. Gillian Tett is Britain’s most prescient journalist on crisis. She talks about how strategic decision making can be affected by power and rationality. In her book Fool’s Gold, Tett talks about how unreserved greed and corrupted visions crushed global markets and released calamity in the world. This paper mainly analyses how people’s thoughts about strategic decision making can be changed if they think of organisations and their surrounding environment as political system. It also addresses how rationality and power go hand in hand in businesses based mainly on Tett’s book Fool’s Gold . Gillian Tett is aware of how products have complex structures by the way she addresses issues on rationality and power that affect strategic decision making. Tett talks about different managers experiences and how their unrestricted voracity and corrupted visions crushed the global market causing a lot of catastrophes with it. In her book Fool’s Gold, Tett tells the story of J.P. Morgan who is an innovator. She addresses how JPM produced products and took them to the market at an early phase only to recognize later on that they left behind atomic waste that required appropriate cover in regards to residential mortgages. Many banks were not aware of this hence left sedentary on their balance sheets (Tett 2010, p. 101). They also shifted quasi-subsidiary vehicles to its hiding place and were reinforced by short-term funding that vaporized when trouble began. Tett was trying to state that financial innovation may not be an issue but the way it is being utilized may indeed generate issues. Terri Duhon who is also a female financier agreed with Tett’s core thesis in the book. They both believed that complex derivatives could not be blamed for the major crisis experienced. The two put the blame on the wrong use of power and rationality whereby leaders make major organizational decisions with greed and recklessness (Pfeffer 1992, p. 102). The bankers ignored many issues and decided to adopt and use Morgan’s products in ways which envisaged their investors. Duhon gas a good example of a situation whereby there is a car crash, according to her, the car cannot be blamed for the crash instead the drivers are to blame. The tools used are not at fault instead the people who use the tools are to blame in such a situation and the same applies to the banks case. Many complex derivatives brought the banks financial system down. Tett stated in her book that social elites always have a means of trying to maintain power not only through immersing wealth but also through ideological domination. These social elites has the power to decide what they want to talk about and what they do not want to talk about leaving and ends up manipulating people into following and implementing what they are saying. It is the social elites who exposed complex derivatives around wealth and managed to influen