Posts Tagged ‘wise decision maker’
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 More8 Steps to Prevent Failure in Implementing Decisions (Videocast and Podcast)
To prevent failure in implementing decisions, or in managing projects or processes, imagine that the implementation completely failed. Then, brainstorm all plausible reasons for failure, and generate solutions to these potential problems. Integrate these solutions into your project or process.
Read MoreHow Your Household Can Survive and Thrive During This Pandemic
You can survive and thrive in the new abnormal of the pandemic by identifying and addressing fundamental needs of your household: safety, connection, and self-esteem.
Read MoreNew Survey Gives Insight On Your Shopping Choices
When it comes to shopping, we overestimate our abilities to keep our impulses in check. You can avoid poor shopping choices by developing a host of shopping mental skills.
Read MoreWhy Your Negotiations Are Doomed (And How to Rescue Them) (Videocast and Podcast of the “Wise Decision Maker Show”)
We intuitively overestimate how well others read us and how well we read others, a dangerous judgment error called illusion of transparency. This mental blindspot leads to disastrous results in negotiations and communications.
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