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Dan Ariely’s Advice for Decision Making: Understanding our Minds

August 1, 2016 By Tom Nunlist 

Dan Ariely interview on decision making

We make decisions every day. Most of them are small: Should I buy that shirt? Others demand more thought: Is marriage right for me? The common thread running between all of them is that we are unequipped to make sense of any of it. The world in which the human race came of age—one of ferocious predators and unforgiving nature—is no longer the world we live in. For the risks we face now, we are out of date. Dan Ariely, author of bestsellers like Predictably Irrational, has built a career mapping the peculiarities of our innermost decision-making foibles, and offers insight in guarding against them.

Filed Under: All Articles, Management, The Thinker Interview Tagged With: Decision-making

Francesca Gino on How to Not Get Sidetracked

October 21, 2015 By Neelima Mahajan

Sometimes the biggest obstacle that stands between you and your goal is your wayward mind. You often start something new, but end up not finishing it. Think of the number of times you took a gym membership. Or vowed to eat healthy. Or decided on a career choice. What happened? So why do we deviate from our well-chosen and well-thought out goals? Francesca Gino, a behavioral scientist and the author of Sidetracked, researched this problem and found the psychological drivers behind our inability to stick to a plan of action. In this interview, she suggests ways to identify these drivers—and combat them.

Filed Under: All Articles, Conversations, Management, The Thinker Interview Tagged With: Decision-making, Employment

Andy Cohen on the Fine Art of Leveraging Assumptions

October 12, 2015 By Neelima Mahajan

We make assumptions all the time. Think of the time when you met someone new. Or when you had to negotiate a deal with a company. That’s just how our mind works. We only have a certain amount of hours in a day, but we more crucial decisions to make, with more unknowns. And so we start using assumptions as short-cuts in decision making. Andy Cohen, propagator of the ‘Assumpt! Strategy’, believes that assumptions are neither good nor bad. We must acknowledge their existence and learn how to leverage them.

Filed Under: All Articles, Best Practice, Conversations, Q&A, Strategy Tagged With: Decision-making, Mindset, Slider

Alternatives to the Annual Performance Review

September 21, 2015 By Bennett Voyles

Companies are abandoning the age-old tradition of the annual performance review. What can possibly replace it

Filed Under: All Articles, Best Practice, Digital Economy, Management, Talent, Technology Tagged With: Big Data, Decision-making, Employment, Human Resources, Management, Slider, Social Media

The Contentious Issue of Succession Planning in Family Business

February 17, 2015 By Bennett Voyles

Succession planning in family business is often the cause of much stress. Are there ways of making the transition smooth while mitigating the risks involved?

Filed Under: All Articles, Best Practice, Management, Talent Tagged With: Decision-making, Family Business, Human Resources, Leadership, Retirement, Slider, Succession Planning Series

Towards Better Decision Making

December 5, 2013 By Neelima Mahajan

Look at your typical day. There is one thing that you constantly do from the time you wake up in the morning to when you go to bed at night: take decisions. These range from seemingly inconsequential things such as opting to have cereal instead of a bagel for breakfast, to big-ticket decisions such as evaluating […]

Filed Under: All Articles, Best Practice, Conversations, Management, Q&A, Strategy, Videos Tagged With: Decision-making, Left Brain Right Stuff, Mindset, Strategic thinking

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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