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3 Things You Need to Control to Succeed as a Leader

Leading Blog

Daniel Kahneman, who won the Nobel Prize for his research on behavioral economics, calls them System 1 and 2. The autopilot system leads to us making too-optimistic plans and ignore weaknesses and threats in our businesses and our careers. Roughly speaking, we have two thinking systems. Magazine , and elsewhere.

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Book Recommendations: Some Must-Reads for HR Professionals

HR Digest

This article will look at some of the best HR books for professionals. Steve Browne’s goal is to motivate people to pursue a career in human resources. Investing in people is arguably one of the best books to read when looking to take your career to the next level. Thinking, Fast and Slow By Daniel Kahneman.

Books 98
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Book Recommendations: Some Must-Reads for HR Professionals

HR Digest

This article will look at some of the best HR books for professionals. Steve Browne’s goal is to motivate people to pursue a career in human resources. Investing in people is arguably one of the best books to read when looking to take your career to the next level. Thinking, Fast and Slow By Daniel Kahneman.

Books 52
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Why Companies Are Betting Against Big Ideas

Harvard Business Review

This idea of prospect theory, developed by Tversky and Kahneman and reported in a classic 1979 article (for which the Nobel prize was awarded) demonstrated that individuals do not make decisions rationally by selecting options with the highest expected value, because they are risk-averse and 'losses loom larger than gains.'.

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Your Judgment of Risk Is Compromised

Harvard Business Review

Daniel Kahneman and Amos Tversky provide perhaps the best theoretical framework in which to understand the phenomenon. According to data published by Erik Snowberg and Justin Wolfers, in their article Explaining the Favorite-Long Shot Bias: Is it Risk-Love or Misperceptions? Embracing Risk in Career Decisions.

Tversky 11