Skip Prichard

JUNE 1, 2020

Daniel Kahneman. Is it possible to develop empathy? The not so good news is that cognitive empathy needs to be developed. For example, Kyle is an EVP of large bank. A key to developing curiosity is inquiry. I recently spoke with him about his work. We’re blind to our blindness. Leadership is about empathy.”

Leadership 106

Leadership Open-book Learning-by-Doing Quality 106

Harvard Business Review

AUGUST 31, 2011

In a recent HBR article , Daniel Kahneman, Dan Lovallo, and Olivier Sibony outline the questions that a decision-maker needs to ask before making a strategic bet. These biases arise from what Kahneman and his long-time research partner Amos Tversky call framing. But such case studies are not a scientific justification.

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Kahneman Strategy Tversky Brand 10

Harvard Business Review

MARCH 31, 2014

Daniel Kahneman, who won a Nobel Prize in economics for his work on cognitive biases, points out in an HBR article that a team that has fallen in love with its theories may unconsciously ignore or reject contradictory evidence, place too much weight on one piece of data, or make faulty comparisons to another business case that suits its bias.

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Kahneman Skills How To Marketing Strategy 9

Harvard Business Review

JUNE 18, 2018

Daniel Kahneman, the 2002 Nobel prize laureate and psychologist, has said that if he had a magic wand, he’d eliminate it. For example, for a company with almost no manufacturing capacity of its own, the iPhone could not exist without heavy commitments from key suppliers. Most of us think of overconfidence as a bad thing.

Stephenson 10

Stephenson Kahneman CEO Commitment 10

Harvard Business Review

APRIL 16, 2015

For example, another study from the University of Warsaw , found that women described with feminine job titles (e.g. How can we hire, retain, and develop the best people — regardless of race — if we are not even aware of the forces that dominate the choices we make?

Talent Management 8

Talent Management Metrics Kahneman Diversity 8

Harvard Business Review

SEPTEMBER 19, 2011

It's inspired by the coming together of disparate disciplines including positive psychology, welfare economics, hedonomics, neuroscience, and marketing, For a long time there have been counter-intuitive signs leading Nobel prize winners like Amartya Sen, Jospeh Stigliz and Dan Kahneman, to question the meaning of prosperity.

Company 13

Company Kahneman Long-term Brand 13

Harvard Business Review

JUNE 8, 2012

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. Win or lose, I'll Have Another's situation provides useful lessons about business and markets. The first lesson is about adopting the inside versus the outside view.

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Beyer Tversky Price Kahneman 14

Harvard Business Review

JANUARY 3, 2013

Concurrency was supposed to speed up the F-35's development. This is a terrific example the planning fallacy at work. Then there's the testing. Thanks to a strategy known as 'concurrency,'" according to NPR, "the F-35 is being flown and tested at the same time. But the jet is years late."

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Tversky Kahneman Budgeting Planning 8

Harvard Business Review

FEBRUARY 24, 2015

For example, a divested business may inherit assets and capabilities that have been starved of investment by its former parent. For example, after its spin-off from International Paper, Arizona Chemical drastically changed its market approach from a drive for volume to margin optimization. Mergers & acquisitions'

Chemicals 8

Chemicals How To Kahneman Reputation 8

Harvard Business Review

JUNE 5, 2018

For an example of the importance of controlling pace, let’s look at the case of an executive I’ll call Greg. Instead, he was told that the CEO would stay until the CFO developed the capabilities to succeed him, and Greg would be allowed to resign. The New Leader Who Starts Too Fast. How to Slow Down in a High-Speed Job.

Supply Chain 11

Supply Chain CEO Kahneman Self-aware 11

Harvard Business Review

AUGUST 14, 2018

Google, for example, has succeeded in dominating many foreign markets that have radically different political systems and cultures (including Indonesia, Thailand, and Saudi Arabia). imposing technological platforms developed for the U.S. failure to develop and communicate business strategies effectively. market on China.

Competitive Advantage 11

Competitive Advantage Business Model Technology Marketing 11

Harvard Business Review

JUNE 8, 2012

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. Win or lose, I'll Have Another's situation provides useful lessons about business and markets. The first lesson is about adopting the inside versus the outside view.

Beyer 9

Beyer Tversky Price Kahneman 9

Harvard Business Review

JULY 9, 2014

Everyone online can—if they want to make the effort—become an amateur Asch , Skinner , Zimbardo , Pavlov , Ariely , Kahneman and/or Vernon Smith. Indeed, as I’ve mentioned elsewhere , the Internet is the greatest research, development and experimentation medium in the history of mankind.

Ethics 8

Ethics Zimbardo Explicit Knowledge Kahneman 8

Harvard Business Review

JANUARY 12, 2015

Ethical consumerism is the broad label for companies providing products that appeal to people’s best selves (for example, fair trade coffee or a purchase that includes a donation to a charitable cause). Ethical information is difficult to process and it is common for consumers to want to remain willfully ignorant of it.

Ethics 8

Ethics Marketing Brand Morale 8

Harvard Business Review

APRIL 30, 2013

Daniel Kahneman offers a complex theory of thinking but also gives practical guidance on how to make better decisions — as a result his latest book has received a great deal of attention. You need to build out your idea with analysis, stories, facts and data, references, and examples. How can people put my idea into practice?

Influence 8

Influence How To Entrepreneur Kahneman 8

Harvard Business Review

FEBRUARY 29, 2012

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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Kahneman Tversky Company Innovation 14

Harvard Business Review

JUNE 20, 2014

Researchers have confronted us in recent years with example after example of how we humans get things wrong when it comes to making decisions. At times this belief has led the managing director of the Max Planck Institute for Human Development in Berlin into pretty fierce debates with his intellectual opponents.

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Uncertainty Kahneman Banking System 10

Harvard Business Review

JANUARY 23, 2015

Daniel Kahneman, the Nobel Prize-winning economist and author of Thinking, Fast and Slow , observed that decision makers get stuck in a memory loop and can only predict the future as a reflection of the past. Thinking about the future is hard, mainly because we are glued to the present.

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Kahneman Scenario Planning Pharmaceuticals Workshop 8

Harvard Business Review

SEPTEMBER 25, 2017

Both of these examples stand in stark contrast to the ways in which most leaders use their time. Brain science, popularized in Daniel Kahneman’s book , has shown that this type of “slow thinking” is negatively correlated with “fast thinking,” as might be employed when driving a car or solving a simple sum.

How To 13

How To CEO Kahneman Armstrong 13

Harvard Business Review

APRIL 2, 2014

Campbell’s work has also made liberal use of the analytic tools developed by Hansen. Back in the ‘60s, people developed the capital asset pricing model [CAPM] as a way to do that. It is used in the more technical end of the financial industry, for example in derivatives valuation. That’s kind of a deep insight.

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CAPM Discount Price Finance 8