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Crack the Leadership Code

Skip Prichard

Daniel Kahneman. In terms of connection, the basis is empathy. It should be short and simple: expressed in 5-8 words: that ties together everything you say. I recently spoke with him about his work. We’re blind to our blindness. We have very little idea of how little we know. We’re not designed to know how little we know.”

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How to Make Better Decisions

Leading Blog

A remarkable aspect of your mental life," says Daniel Kahneman, "is that you are rarely stumped." We tend to define our choices too narrowly and see them in binary terms. Short-Term Emotion. "Why do we have such a hard time making good choices?" ask Chip and Dan Heath in Decisive. "A We often just go with our gut.

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Being Conscious About Our Unconscious Biases

QAspire

The term ‘cognitive bias’ was coined by Amos Tversky and Daniel Kahneman in 1972 which quite simply means “our tendency to filter information, process facts and arrive at judgments based on our past experiences, likes/dislikes and automatic influences.”. Avoid using generic terms to describe people, situations and things.

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The Persistence of the Innovator's Dilemma

Harvard Business Review

As this argument holds, the short-term pressure of the capital markets, coupled with management incentives tied tightly to stock prices, make it hard for companies to investment in new growth businesses. Dan Ariely, Michael Mauboussin, Nobel Laureate Daniel Kahneman, and Duncan Watts all write accessibly on the topic.

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How Behavioral Economics Could Help Reduce Credit Card Delinquency

Harvard Business Review

To take care of those who forgot, a short automated reminder is thought to suffice: “[Customer name], you have a past due amount. Moreover, additional customers become delinquent every day, increasing the long-term revenue benefits of such interventions. If you have already paid, press 1.

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5 Ways to Project Confidence in Front of an Audience

Harvard Business Review

Replace long words with short ones. In his book, Thinking, Fast and Slow , Nobel prize-winning psychologist Daniel Kahneman writes, “If you care about being thought credible and intelligent, do not use complex language where simpler language will do.” If you want to sound smart, use simple words.

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Managers Shouldn’t Fear Algorithm-Based Decision Making

Harvard Business Review

Their recent Harvard Business Review article, coauthored with Noble Prize–winning behavioral economist Daniel Kahneman and TGG’s CEO Andrew M. There is the phenomenon termed “algorithm aversion” — humans are more willing to accept flawed decision making from a human than from a formula.