Posts Tagged ‘leadership’
Are You Falling for the Myth of “Failing to Plan is Planning to Fail”? (Videocast and Podcast of the “Wise Decision Maker Show”)
Because we usually feel that everything is going to go according to plan, we don’t pay nearly enough attention to potential problems and fail to account for them in our plans. This problem is called planning fallacy.
Read More3 Key Empathy-Based Methods to Uncover the Truth About Your Stakeholders
Using the three social intelligence methods during a stakeholder meeting will help you learn the truth about your stakeholders’ needs, which will empower you to solve their problems and foster stronger relationships with them.
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 MoreThe One Huge Mistake Everybody Makes in COVID-19 Coronavirus Pandemic Preparation
Official guidelines for COVID-19 coronavirus pandemic preparation assume a wildly optimistic scenario due to dangerous judgment errors known as cognitive biases. You need to instead prepare for a realistic pessimistic scenario.
Read MoreWhy You Should Hire Women Over Men, According to Science
If you care about your bottom line, hire women over men. Due to gender discrimination, women had to work harder to get the same career position as men, and you will on average get a better worker if you hire a woman.
Read MoreHow to Avoid Losing
Our feelings drive us to avoid short-term losses, which often results in us failing to take worthwhile risks and actually losing more in the long term. This problem comes from a dangerous judgment error called loss aversion.
Read MoreHow Normalcy Bias Led Boeing to Crash Into Disaster
Our brains cause us to drastically underestimate both the likelihood of a disaster occurring and the impact if it does. To address this dangerous judgment error known as the normalcy bias, we need to go far beyond our intuitions in planning for catastrophes.
Read MoreHow to Prevent Leadership Development Failures
Organizations often fail to train newly-promoted leaders well, because 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.
Read MoreAre You Missing Vital Information Due to the MUM Effect?
Company cultures and top leaders often 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.
Read MoreWise Decision Maker Movement Manifesto (Videocast and Podcast of the “Wise Decision Maker Show”)
The choice that feels most comfortable to your gut is often the worst decision for your bottom line. To be a truly wise decision maker, you have to adopt counterintuitive, uncomfortable, but highly profitable techniques to avoid business disasters by making the best decisions. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes the Wise Decision Maker Movement Manifesto.
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