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Understanding Decision Bias

CO2

CEOs are not immune to bias. First, Arnott reviewed some of the most prominent taxonomies: Tversky and Kahneman (1974) Three General Purpose Heuristics Slovic, Fischhoff and Lichtenstein (1977), The look at overconfidence leads to not fully considering the problem and underestimating alternatives. None of us are.

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Decision Bias

CO2

CEOs are not immune to bias. First, Arnott reviewed some of the most prominent taxonomies: Tversky and Kahneman (1974) Three General Purpose Heuristics. That’s why they can be difficult to detect–in others’ arguments and even our own. None of us are.

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Decision Bias

CO2

CEOs are not immune to bias. First, Arnott reviewed some of the most prominent taxonomies: Tversky and Kahneman (1974) Three General Purpose Heuristics. That’s why they can be difficult to detect–in others’ arguments and even our own. None of us are.

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What I Didn’t Know About Becoming a CEO

Harvard Business Review

While we’re an investment firm, many of the things I’ve learned as CEO transcend any particular industry. First, I was surprised by how much selling I would personally have to do as CEO – and I was equally surprised by how much I enjoy the process. But there have also been surprises.

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Serial Innovators: A book review by Bob Morris

First Friday Book Synopsis

Serial Innovators: Firms That Change the World Claudio Feser John Wiley & Sons (2012) How and why continuous innovation and adaptation can help an organization “live” longer What we have here is a “hybrid” narrative that develops on two separate but interdependent levels: a fictional account that focuses on Carl Berger (CEO of American Health [.]. (..)

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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.'.