Posts Tagged ‘wise decision making’
How to Manage Election Disaster Risk
You can protect your work and life from the significant possibility of an election disaster by treating preparation for this likelihood as insurance.
Read More8 Steps to Protect Your Career During the COVID-19 Pandemic (Video and Podcast)
Changing jobs or industries during this pandemic is not only possible, but might be critically important for achieving your career potential. Use the best decision-making steps so that you and your career can thrive, not just survive. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes the 8 steps to protect your career during the COVID-19 pandemic.
Read MoreHow to Avoid Losing (Loss Aversion) (Video and Podcast)
Our feelings drive us to experience loss aversion, where we avoid short-term losses and often fail to take worthwhile risks, losing more in the long term. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes how to avoid losing.
Read MoreHow 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 More8 Steps to Protect Your Career During the COVID-19 Pandemic
Changing jobs or industries during this pandemic is not only possible, but might be critically important for achieving your career potential. Use the best decision-making steps so that you and your career can thrive, not just survive.
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.
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