The aim of researching this topic is identifying the role of social learning theory and the decision making process in modern organizations and how they can be used for organizational development and competitive advantage. The psychology of human behavior in organizations is still a relatively undiscovered field, with limited resources granted for educating employees on that subject. Learning and decision making are considered to be the main factors related to performance of employees, which is why they can create many organizational advantages. By that logic, it is important for managers to understand and know how to use social learning theory and the decision making process in alignment with their wanted organizational goals to maximize productivity. However, on the sample of 140 participants who took part in an online survey that consisted of 50 questions based on topics of learning and decision making, results showed that the awareness about social learning theory is still very weak and that people are very easily susceptible to biases in decision making, even if the decision making involved is a simple online survey. The main takeaway of this research is essentially relatively simple. To neutralize negative effect of psychological processes on our learning and decisions we have to start by identifying those processes and their sources. Even forming awareness about their presence and influence can be an effective tool for diminishing, or at least controling, their power over us and chances of acting from wrong processes, such as biases.