by Andy Habermacher | 2022 Aug 11 | Business Brains, Decision Making, Organisational Leadership, Senior Leadership
We may think we make good decisions but research over the years and decades has shown there are many ways in which our brains trick us into making suboptimal decisions - particularly in financial scenarios . . .
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by Andy Habermacher | 2021 Oct 14 | Decision Making, Feature, Society Brains
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by Andy Habermacher | 2021 Sep 13 | Decision Making, Society Brains
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by Andy Habermacher | 2021 Jun 18 | Business Brains, Decision Making, Organisational Leadership, Senior Leadership, Team Leadership
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by Andy Habermacher | 2021 Apr 30 | Business Brains, Decision Making, Organisational Leadership, Senior Leadership, Team Leadership
Results, results, results. That’s what counts – of course, it makes sense. But results can be the result of fluke and chance. How do we distinguish between bad decision making that has a fluke positive outcome, and good decision making that has a fluke bad outcome? It’s hard because, as I show, our brains are wired to measure outcomes and not processes . . .
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by Andy Habermacher | 2021 Apr 29 | Business Brains, Decision Making, Organisational Leadership, Senior Leadership, Team Leadership
Recently many forms of crowd sourcing have moved into the mainstream. It has also become understood that innovation is a collaborative process and companies have aimed to take advantage of this. Group intelligence is therefore on the rise. But what does the science say about this – we know that groups can collectively make better decision than experts, but they can also move as mindless herds with terrible consequences. This month I break down when crowds can be wise and stupid . . .
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