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Decision Traps
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Download or read book Decision Traps written by J. Edward Russo and published by Touchstone. This book was released on 1990 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two experts in business management show how to avoid the ten common pitfalls that ensanre decision makers. The very latest research in the fields of business and psychology has been distilled into practical training methods that will save readers from ever making a bad decision again.
Book Synopsis The EU's Decision Traps by : Gerda Falkner
Download or read book The EU's Decision Traps written by Gerda Falkner and published by OUP Oxford. This book was released on 2011-05-12 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fritz W. Scharpf's renowned model of the 'joint-decision trap' suggestes that the requirements of (nearly) unanimous decisions in the EU's Council of Ministers, combined with conflicting preferences among member governments, will systematically limit the problem-solving effectiveness of European policies. However, certain conditions have significantly changed in the 25 years since the theory was first posited. In particular, the unanimity rule has been replaced by qualified-majority voting in most issue areas, and successive rounds of enlargement have augmented the diversity of member state interests and preferences. This volume examines the continued relevance of the model. It presents a comparative study on the differential politics in EU policies. Looking at the political dynamics in an array of EU activities, it analyses breakthroughs as well as stalemates and asks why leaps occur in some areas whilst blockages characterise others. The dynamics that allow the EU to escape various forms of decision trap are analysed in-depth, including those suggested by 'rationalist' theorists (supranational-hierarchical steering, treaty-base games, and arena shifting) and those suggested by 'constructivist' approaches (socialisation). The volume concludes that when the EU is confronted with a high degree of problem pressure in a given issue area, these mechanisms will often not be available because most remain outside politicians' immediate grasp.
Book Synopsis The 8 Errors of Decision Making by : Samuel Inbaraja S
Download or read book The 8 Errors of Decision Making written by Samuel Inbaraja S and published by Samuel Inbaraja S. This book was released on 2024-06-26 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you’ve ever wondered why smart people make irrational choices, or why your carefully thought-out plans sometimes fail, you’re not alone. We all fall prey to subtle psychological traps that skew our thinking and lead us astray. This book is your guide to understanding and overcoming these mental pitfalls, using real-world examples to illustrate each concept. Every day, we make countless decisions, from the mundane to the monumental. Whether it's choosing what to have for lunch, deciding on a career change, or navigating a relationship, each decision is a potential minefield of psychological traps. These traps can distort our judgment, leading to poor outcomes and regret. The good news is that by recognizing these traps, we can learn to sidestep them and make better decisions. This book is structured around eight common psychological traps: the Anchoring Trap, the Status Quo Trap, the Sunk Cost Trap, the Confirming Evidence Trap, the Framing Trap, the Overconfidence Trap, the Prudence Trap, and the Recallability Trap. Each chapter delves into one of these traps, explaining how it works, why it’s so effective, and how you can avoid falling into it.
Book Synopsis The Truth About Making Smart Decisions by : Robert E. Gunther
Download or read book The Truth About Making Smart Decisions written by Robert E. Gunther and published by FT Press. This book was released on 2008-04-04 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for The Truth About Making Smart Decisions “The Truth About Making Smart Decisions offers a truly valuable and entertaining journey through the complex terrain of decision making. Robert Gunther combines a writer's gift of the pen with a keen understanding of human nature, drawing upon his own experiences, business anecdotes, and vignettes from other walks of life. His selection of traps, insights, and truths are edifying as well as amusing, and many readers will recognize themselves as he exposes our weaknesses, and occasional brilliance, as we carve the trajectory of our life one decision after the next.” Paul J. H. Schoemaker, Ph.D., coauthor of Decision Traps and Winning Decisions “Robert Gunther crystallizes years of expertise and insight in business writing into a book on probably life’s most important matter: decision making. How do you do it and how do you do it much better? He offers many tools to organize the mind and maximize your ability to be a leader and money maker.” Rick Rickertsen, Managing Partner of Pine Creek Partners and author of The Buyout Book and Sell Your Business Your Way “We make decision errors predictably, and Robert Gunther offers fifty ways of taking decisions more intelligently. The Truth About Making Smart Decisions is a concise and actionable guide for what to consider when facing critical choice points.” Michael Useem, Ph.D., Wharton Professor of Management and author of The Go Point: When It’s Time to Decide “If you think decision making is cut and dried, this book will make you think again. In The Truth About Making Smart Decisions, Robert Gunther offers challenging insights on how factors from sleep to intuition to emotions to mental models affect the quality of our decisions. He urges readers to take a broader view and raises issues that anyone should consider in making smarter decisions.” Yoram (Jerry) Wind, Ph.D., The Lauder Professor and Wharton Professor of Marketing, and coauthor of The Power of Impossible Thinking Everything you need to know to make smarter, better decisions—in business and in life! • The truth about learning from your mistakes and those of others • The truth about how sleep can help you make better decisions • The truth about the power of acting decisively This book brings together 50 powerful “truths” about making better decisions: real solutions for the tough challenges faced by every decision-maker, in business and in life. You'll discover how to systematically prepare to make better decisions...how to get the right information, without getting buried in useless data...how to minimize your risks, and then act decisively...how to handle your emotions...make better group decisions...profit from mistakes...and a whole lot more. This isn't "someone's opinion": it's a definitive, evidence-based guide to effective decision-making...a set of bedrock principles you can rely on no matter what kind of decisions you make!
Book Synopsis The Hidden Traps in Decision Making by : John S. Hammond
Download or read book The Hidden Traps in Decision Making written by John S. Hammond and published by . This book was released on 2006 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Why Decisions Fail written by Paul Nutt and published by Berrett-Koehler Publishers. This book was released on 2002-07-10 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the his analysis of 400 strategic decisions made by top managers in areas such as products and services, pricing and markets, personnel policy, technology acquisition, and strategic reorganization, Nutt estimates that two-thirds of all decisions are based on failure-prone or questionable tactics. He uses the fifteen monumental decision-making disasters to illustrate the potential consequences of these common tactical errors and traps and then details successful alternative decision-making approaches. Why Decisions Fail translates decades of award-winning research into practical terms that managers can use to improve their own decision-making practices.
Book Synopsis Overcoming Decision-Making Traps by : Michael Veltri
Download or read book Overcoming Decision-Making Traps written by Michael Veltri and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Have you ever taken too long to make a decision or worried about making the wrong choice? If this sounds familiar, you've experienced falling into a decision-making trap. In this course taught by leadership expert Michael Veltri, he shares his proven tips to help you avoid falling into these traps. First, Michael reviews some of the common challenges you face when making a decision, such as being distracted or getting bogged down in the details. He then shares his methods for unclogging your decision-making arteries, and how to get clarity on decisions in a timely manner. From there, Michael guides you through methods to reach decisions faster, and to feel confident about the decisions you make. Finally, Michael reviews making high-stakes decisions, creating opportunities, and continuing the momentum once a decision is made. If you're looking to make smarter, more impactful decisions with ease, join Michael in this course. This course was created by Madecraft. We are pleased to host this training in our library.
Book Synopsis The Art of Strategic Decision-Making by : Peter Hollins
Download or read book The Art of Strategic Decision-Making written by Peter Hollins and published by PKCS Media. This book was released on 2021-05-25 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Overwhelmed and paralyzed by your choices? Learn how to get it right the first time - improve your analysis, judgment, and intuition. Unfortunately, you can’t just rely on your gut instinct or “hunch” when you make decisions. There’s a science to improving your critical thinking, weighing pros and cons, and avoiding the traps that take you down the wrong path. Make smart decisions by catching your brain's built-in flaws. The Art of Strategic Decision-Making will teach you to seize control of your life and make sure your decisions aren’t making you. This book cites years of research and scientific studies about what constitutes a great decision and the factors that will inevitably lead you there. It is an in-depth look at human nature and psychology and why we make decisions in the way we do - for better or for worse. This book is packed with theory, but it is all practical and actionable. Use these mental models and pieces of analysis on your decisions TODAY. Think more quickly and more thoroughly – at the same time. Peter Hollins has studied psychology and the human condition for over a dozen years. This book contains tactics pulled from his personal experience, as well as some of the most famous studies in decision theory and social psychology to help you make snap decisions. Beat analysis paralysis and eliminate indecision. •Learn your subconscious motivations, needs, and desires that hijack your brain. •Discover the surprising causes and cures for decision fatigue. •Over 10 of the most dangerous cognitive biases and decision traps. •How to make your pros and cons lists incredibly useful and illuminating. •The 6 Hats Method of intelligent decisions and how you can inhabit different perspectives. •The WRAP method of planning for failure in decisions. •How to think outside the box and creatively solve problems.
Book Synopsis The Science of Intelligent Decision Making by : Peter Hollins
Download or read book The Science of Intelligent Decision Making written by Peter Hollins and published by PKCS Media. This book was released on 2019-08-16 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Overwhelmed and paralyzed by your choices? Learn how to get it right the first time - improve your analysis, judgment, and intuition. Unfortunately, you can’t just rely on your gut instinct or “hunch” when you make decisions. There’s a science to improving your critical thinking, weighing pros and cons, and avoiding the traps that take you down the wrong path. Make smart decisions by catching your brain's built-in flaws. The Science of Intelligent Decision Making will teach you to seize control of your life and make sure your decisions aren’t making you. This book cites years of research and scientific studies about what constitutes a great decision and the factors that will inevitably lead you there. It is an in-depth look at human nature and psychology and why we make decisions in the way we do - for better or for worse. This book is packed with theory, but it is all practical and actionable. Use these mental models and pieces of analysis on your decisions TODAY. Think more quickly and more thoroughly – at the same time. Peter Hollins has studied psychology and the human condition for over a dozen years. This book contains tactics pulled from his personal experience, as well as some of the most famous studies in decision theory and social psychology to help you make snap decisions. Beat analysis paralysis and eliminate indecision. •Learn your subconscious motivations, needs, and desires that hijack your brain. •Discover the surprising causes and cures for decision fatigue. •Over 10 of the most dangerous cognitive biases and decision traps. •How to make your pros and cons lists incredibly useful and illuminating. Make smart choices and never have “buyer’s remorse” regrets again. •The 6 Hats Method of intelligent decisions and how you can inhabit different perspectives. •The WRAP method of planning for failure in decisions. •How to think outside the box and creatively solve problems.
Book Synopsis Making Better Decisions by : Pekka J. Korhonen
Download or read book Making Better Decisions written by Pekka J. Korhonen and published by Springer Nature. This book was released on 2020-08-18 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive introduction to decision-making in an MCDM framework. Designed as a tutorial, it presents the main concepts and methods to be applied, together with essential background information. This includes the concept of nondominance, Simon’s bounded rationality, Tversky and Kahneman’s prospect theory, and the concepts of behavioral vs. mathematical convergence and premature stopping put forward by Korhonen, Moskowitz and Wallenius. The book concludes with a non-technical review of many popular decision algorithms, including the Analytic Hierarchy Process (AHP), VIMDA, and a number of classic interactive man-machine algorithms. In essence, the book is a “one-stop” source on everything you need to know about managerial decision-making in the multiple-criteria setting.
Book Synopsis You're About to Make a Terrible Mistake! by : Olivier Sibony
Download or read book You're About to Make a Terrible Mistake! written by Olivier Sibony and published by Swift Press. This book was released on 2020-09-03 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'A masterful introduction to the state of the art in managerial decision-making. Surprisingly, it is also a pleasure to read' – Daniel Kahneman, author of Thinking, Fast and Slow A lively, research-based tour of nine common decision-making traps – and practical tools for avoiding them – from a professor of strategic thinking We make decisions all the time. It's so natural that we hardly stop to think about it. Yet even the smartest and most experienced among us make frequent and predictable errors. So, what makes a good decision? Should we trust our intuitions, and if so, when? How can we avoid being tripped up by cognitive biases when we are not even aware of them? You're About to Make a Terrible Mistake! offers clear and practical advice that distils the latest developments in behavioural economics and cognitive psychology into actionable tools for making clever, effective decisions in business and beyond.
Download or read book Blunder written by Zachary Shore and published by Bloomsbury Publishing USA. This book was released on 2010-07-15 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: For anyone whose best-laid plans have been foiled by faulty thinking, Blunder reveals how understanding seven simple traps-Exposure Anxiety, Causefusion, Flat View, Cure-Allism, Infomania, Mirror Imaging, Static Cling-can make us all less apt to err in our daily lives.
Book Synopsis Why Decisions Fail by : Paul C. Nutt
Download or read book Why Decisions Fail written by Paul C. Nutt and published by National Geographic Books. This book was released on 2002-06-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the his analysis of 400 strategic decisions made by top managers in areas such as products and services, pricing and markets, personnel policy, technology acquisition, and strategic reorganization, Nutt estimates that two-thirds of all decisions are based on failure-prone or questionable tactics. He uses the fifteen monumental decision-making disasters to illustrate the potential consequences of these common tactical errors and traps and then details successful alternative decision-making approaches. Why Decisions Fail translates decades of award-winning research into practical terms that managers can use to improve their own decision-making practices.
Book Synopsis Winning Decisions by : J. Edward Russo
Download or read book Winning Decisions written by J. Edward Russo and published by Crown Currency. This book was released on 2002-04-23 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business revolves around making decisions, often risky decisions, usually with incomplete information and too often in less time than we need. Executives at every level, in every industry, are confronted with information overload, less leeway for mistakes, and a business environment that changes rapidly. In light of this increased pressure and volatility, the old-fashioned ways of making decisions–depending on intuition, common sense, and specialized expertise–are simply no longer sufficient. Distilling over thirty years of groundbreaking research, Winning Decisions, written by two seasoned business advisers and world leaders in behavioral decision studies, is a comprehensive, one-of-a-kind guide to the proven methods of making critical business decisions confidently, quickly–and correctly. Decision-making is a business skill which managers often take for granted in themselves and others–but it's not as easy as some might think. The authors, whose expertise has been sought out by over a hundred companies, including Arthur Andersen, Hewlett-Packard, IBM, and Unilever, contend that decision-making, like any other skill, must be developed and honed if it is to be used effectively. Winning Decisions offers step-by-step analyses of how people typically make decisions, and provides invaluable advice on how to improve your chances of getting your next big decision right the first time. The book is packed with worksheets, tools, questionnaires, case studies, and anecdotes analyzing major decisions made by organizations like British Airways, NASA, Shell Oil, and Pepsi. Some of the proven, straightforward techniques covered in Winning Decisions include how to: Reframe issues to ensure that the real problem is being addressedImprove the quality and quantity of your options Convert expert yet conflicting opinions into useful insights Make diversity of views and conflict work to your advantage Foster efficient and effective group decision-making Learn from past decisions--your own and those of others With Winning Decisions, managers and other professionals now have access to a proven set of skills and strategies they need for making the right decision, right away.
Book Synopsis Business Chemistry by : Kim Christfort
Download or read book Business Chemistry written by Kim Christfort and published by John Wiley & Sons. This book was released on 2018-05-22 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to putting cognitive diversity to work Ever wonder what it is that makes two people click or clash? Or why some groups excel while others fumble? Or how you, as a leader, can make or break team potential? Business Chemistry holds the answers. Based on extensive research and analytics, plus years of proven success in the field, the Business Chemistry framework provides a simple yet powerful way to identify meaningful differences between people’s working styles. Who seeks possibilities and who seeks stability? Who values challenge and who values connection? Business Chemistry will help you grasp where others are coming from, appreciate the value they bring, and determine what they need in order to excel. It offers practical ways to be more effective as an individual and as a leader. Imagine you had a more in-depth understanding of yourself and why you thrive in some work environments and flounder in others. Suppose you had a clearer view on what to do about it so that you could always perform at your best. Imagine you had more insight into what makes people tick and what ticks them off, how some interactions unlock potential while others shut people down. Suppose you could gain people’s trust, influence them, motivate them, and get the very most out of your work relationships. Imagine you knew how to create a work environment where all types of people excel, even if they have conflicting perspectives, preferences and needs. Suppose you could activate the potential benefits of diversity on your teams and in your organizations, improving collaboration to achieve the group’s collective potential. Business Chemistry offers all of this--you don’t have to leave it up to chance, and you shouldn’t. Let this book guide you in creating great chemistry!
Book Synopsis The Science of Intelligent Decision Making by : Peter Hollins
Download or read book The Science of Intelligent Decision Making written by Peter Hollins and published by Createspace Independent Publishing Platform. This book was released on 2018-03-07 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Overwhelmed and paralyzed by your choices? Missing opportunities because of bad information, analysis, or intuition? You can't just rely on your gut instinct or "hunch" when you make decisions. There's a science to improving your critical thinking, weighing pros and cons, and avoiding the traps that take you down the wrong path. You can systematically make decisions that will improve your life if you know what to look at. Most of our instincts about decisions are flat-out wrong. The Science of Intelligent Decision Making will teach you to seize control of your life and make sure your decisions aren't making you. This book cites years of research and scientific studies about what constitutes a great decision and the factors that will inevitably lead you there. It is an in-depth look at human nature and psychology and why we think the way we do. It's largely subconscious, but easily overcome with the methodologies described within. Think more quickly and thoroughly - at the same time. Peter Hollins has studied psychology and the human condition for over a dozen years. This book contains tactics pulled from his personal experience, as well as some of the most famous studies in decision theory and social psychology to help you make snap decisions. Beat analysis paralysis. -Learn your subconscious motivations, needs, and desires. -Discover the surprising causes and cures for decision fatigue. -Over 10 of the most dangerous cognitive biases and decision traps. -How to make your pros and cons lists incredibly useful. Never have "buyer's remorse" regrets again. -The 6 Hats Method of intelligent decisions. -The WRAP method of preparing for failure. -How to think outside the box and creatively solve problems. Remove the stress of tough and uncertain decisions forever. When you master decision making, you can control your happiness and seize the opportunities life gives you. Better decisions more information and understanding and less stress and anxiety. What if you could predict the future with consistency through your decisions? You will fail far less, stop wasting your time, and cut down on the regrets in your life. Wise choices will allow you to perform under pressure, and even strategically think outside the box. Start choosing happiness by QUICKLY AND DECISIVELY clicking the BUY NOW button at the top of this page.
Author :CCPS (Center for Chemical Process Safety) Publisher :John Wiley & Sons ISBN 13 :1118930215 Total Pages :224 pages Book Rating :4.1/5 (189 download)
Book Synopsis Guide for Making Acute Risk Decisions by : CCPS (Center for Chemical Process Safety)
Download or read book Guide for Making Acute Risk Decisions written by CCPS (Center for Chemical Process Safety) and published by John Wiley & Sons. This book was released on 2019-11-19 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a guidance on a large range of decision aids for risk analysts and decision makers in industry so that vital decisions can be made in a more consistent, logical, and rigorous manner. It provide good industry practices on how risk decision making is conducted in the chemical industry from many risk information sources as well as all the elements that need to be addressed to ensure good decisions are being made. Topics Include: Identifying Risk Decisions, A Risk Decision Strategy for Process Safety, Case Studies in Risk Decision Making Failures, Guidance on Selecting Decision Aids, Templates for Decision Making in Risk-Based Process Safety, Understanding Process Hazards & Worst Possible Consequences, Management of Change as an Exercise in Risk Identification, Inherently Safer Design as an Exercise in Risk Tradeoff Analysis, Using LOPA and Risk Matrices in Risk Decisions, Using CPQRA and Safety Risk Criteria in Risk Decisions, Group Decision Making, Avoiding Decision Traps, Documentation of Process Safety Risk Decisions