There are multiple and various reasons for studying history, whether this is articulated clearly in everyone's mind or not. Establish a baseline cultural past, instill moral values (ex. glorifying Person X's accomplishments), predict future results of actions, and entertainment are reasons that also spring to mind just off the top of the mind.
If history is being taught simply to teach decision-making skills, then using a case study format would be one possible way to improve the current teaching methods.