Personality tests tend to follow a simple formula: rate yourself on a series of statements such as “I feed off of the energy of others” or “I am prone to overthinking a situation” or “I rely on logic ...
Research in decision-making has increasingly focused on the continuum between maximisation and satisficing. Maximisation is characterised by an exhaustive search for the optimum option, often ...
Every transformative company, career leap, or disruptive innovation can be traced back to a single, pivotal decision—for example, the moment Bezos launched Amazon from his garage, when Musk bet ...
The job of a manager is, above all, to make decisions. At any moment in any day, most executives are engaged in some aspect of decision making: exchanging information, reviewing data, coming up with ...
A “gut feeling” emerges when information and experience work together with efficiency and accuracy. Here’s how you can sharpen your intuition for better decision-making. Risk is inherent in making ...
The quality of our decisions defines our legacy as leaders. We make around 35,000 decisions a day and close to 800,000,000 in a lifetime. Not all decisions are equal. Many are default, some are ...
One of the biggest lessons in leadership is understanding the idea of “altitude.” As a leader, you deal with many different groups: your team, direct reports, bosses, peers, board members, customers, ...
Behavioral economics has identified many psychological quirks and problems that negatively impact individuals’ decisions. Two of the most basic tendencies that may lead to undesirable outcomes are ...