Lead Change Blog

SEPTEMBER 15, 2016

In a world that runs on tight time schedules and where there’s a plan for everything, leaving time open for spontaneity is pure genius. However, making time available to reflect and imagine increases the odds of creativity and innovation occurring. Of course, you can’t will the eureka moment to happen.

Kahneman 150

Kahneman Definition Advice Conference 150

Skip Prichard

JUNE 3, 2020

Despite all of that, the best, most carefully crafted plans may fail miserably. Daniel Kahneman. The behavioral economist Daniel Kahneman once noted that “if you follow your intuition, you will more often than not err by misclassifying a random event as systematic. Experiment. There must be a better way. By early 2017, about 2.2

Power 95

Power Kahneman Open-book Learning-by-Doing 95

Harvard Business Review

AUGUST 1, 2012

"You have to deliver $300 million in incremental growth by 2015," the business unit head told the leader of his innovation team. But anyone with near-term innovation targets with nine (or six or even four) digits in them should ensure they are familiar with the concept of "planning fallacy.". Then early results disappoint.

Innovation 13

Innovation Planning Kahneman Tversky 13

First Friday Book Synopsis

MAY 23, 2012

Schoemaker is a pioneer in the field of decision sciences, among the first to combine the practical ideas of decision theory, behavioral economics, scenario planning, and risk management into a set of strategic decision-making tools for managers.

Scenario Planning 85

Scenario Planning Risk Management Tools Planning 85

Harvard Business Review

MAY 4, 2016

How can you innovate if your thinking is anchored in past experience? The role of thinking processes in decision making was made prominent by Daniel Kahneman and the late Amos Tversky , whose Nobel Prize–winning research argues that economic decision makers are subject to deeply held cognitive biases.

Creativity 8

Creativity Kahneman Tversky Innovation 8

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. Second, we looked at how much company stock employees held in their retirement plans, since employees who believe in their companies and the vision of their leaders may be more likely to hold more company stock.

Stephenson 9

Stephenson Kahneman CEO Commitment 9

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