Skip Prichard
JUNE 3, 2020
Daniel Kahneman. When it finally came to my attention, I realized right away that large-scale, controlled experimentation would revolutionize the way all companies operate their businesses and how managers make decisions. Consider Kohl’s, the large retailer, which in 2013 was looking for ways to decrease its operating costs.
Skip Prichard
JUNE 1, 2020
Daniel Kahneman. In this information age, people are drowning in data. People don’t need more information. If you’re operating as a know-it-all, you have an underlying belief that that any new stuff really isn’t of much value. In our digitally wired and connected world, we’re all suffering from information saturation.
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Harvard Business Review
JUNE 5, 2018
As soon as you step into a top position at a company that needs to significantly improve the way it operates, there’s pressure to get off to a quick start. Managing the flow of information into your office and into your brain is critically important for the judgment required by the most important issues.
Harvard Business Review
JUNE 15, 2012
To that end, they must ensure that critical information is gathered and synthesized. As detailed in Daniel Kahneman's best-selling book, Thinking, Fast and Slow , it is only human to misjudge how much we know — and how much others know. It includes decision analysis, game theory, and operations research.
Harvard Business Review
JUNE 13, 2012
At a meeting on April 8, Drew assured Dimon and the operating committee of JPMorgan that the trades were being well managed and would work out. These fields focus on how decision makers fail to optimally integrate the available information set to make a rational decision. As it turns out, this type of failure is quite common.
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