Posts Tagged ‘decision-making process’
How to Do a Strategic Pivot to Address COVID
A strategic pivot will enable your company to survive and thrive during the COVID pandemic. Start by challenging assumptions about your internal and external business model. Then, revise your strategy and determine next steps to operationalize these changes.
Read MoreHow to Prevent Leadership Development Failures (Video and Podcast)
Dangerous leadership development issues arise when experienced leaders forget about the many new skills needed for recently-promoted leaders to succeed. This problem stems from a mental blindspot known as the curse of knowledge. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes how to prevent leadership development failures.
Read MoreHow to Deal With Colleagues in Denial (Video and Podcast)
To get colleagues in denial to believe the truth, use EGRIP: 1) discover their emotions; 2) then their goals; 3) build up rapport; 4) provide info to change their mind; 5) offer positive reinforcement for them updating their beliefs. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes how to deal with colleagues in denial.
Read MoreYour SWOT Analysis is Broken (Here’s How You Can Fix It) (Video and Podcast)
Cognitive biases lead to typical business strategic analyses such as SWOT giving a false sense of comfort and security. This results in appalling oversights that ruin profitable businesses and bring down high-flying careers. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes why your SWOT analysis is broken, and how you can fix it.
Read MoreAre You Missing Vital Information Due to the MUM Effect? (Video and Podcast)
Company cultures and top leaders may unconsciously penalize subordinates who bring them bad news. This dangerous judgment error is called the MUM effect and it creates an atmosphere of secrecy that leads successful companies to stagnate and deteriorate. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes the danger of missing vital information due to the MUM Effect.
Read More12 Mental Skills to Defeat Cognitive Biases (Video and Podcast)
In order to avoid decision disasters and defeat cognitive biases, it’s important to develop the 12 critical skills that cognitive neuroscience and behavioral economics show are needed for mental fitness.
Read MoreBuild Strong Stakeholder Relationships Through These Three Social Intelligence Methods
Form lasting connections to stakeholders and help them feel understood by using the three social intelligence methods of empathetic listening, echoing and mirroring, and building rapport.
Read More8 Powerful Questions You Need to Ask Before Stakeholder Engagement
Asking the 8 Powerful Questions during a pre-engagement stakeholder assessment will lead to better engagement and stronger relationships with your stakeholders.
Read MoreThis Valentine’s Day, Men and Women Should Make Different Buying Decisions
When it comes to shopping, men tend to take more risks, while women prefer to take their time to get the best possible deal. Both genders are prone to mistakes. However, you can train your mind to make the wisest shopping decisions this Valentine’s Day.
Read MoreHow to Deal With Colleagues in Denial
To get colleagues in denial to believe the truth, use EGRIP: 1) discover their emotions; 2) then their goals; 3) build up rapport; 4) provide info to change their mind; 5) offer positive reinforcement for them updating their beliefs.
Read More