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What Information Helps Us To Cooperate?

The Horizons Tracker

To add further spice to proceedings, participants were placed in a couple of conditions to see if that affected their willingness to cooperate. A second condition, called the “money in your mouth” condition, informed each participant about the number of times their decision to share would be shared with the rest of the group.

Cooper 129
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Is It Beneficial When Innovation Pitches Frame Outcomes As Possible Scenarios?

The Horizons Tracker

Part of the success of projects such as the Good Judgment Project is that the best participants would often hedge their predictions in terms of probabilities. They wouldn’t say something would definitely happen but rather it would have a reasonable chance of doing so.

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Guest Post: An Entrepreneur's Thoughts on Market Incentives & Foreign Aid

Mills Scofield

In these events, participants raise money in the UK before arriving in Zanzibar for a biking marathon around the island. But what if the participants donated the money they had spent on their airfare to the hospitals? ” He also highlighted the fundraising events of another British organization.

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Leader Isolation: 6 Ways to Conquer Loneliness at the Top

RapidStart Leadership

As Kristi Hedges, writing for Forbes suggests , just as CEOs regularly assemble teams of trusted advisers to help them make tough decisions, you can do the same thing, regardless of your current level in the organization. Pick something everyone can participate in, solicit input from the team, and then make it happen. Everybody wins.

Collins 203
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Michael Fraccaro, CHRO at Mastercard, on the value of business resource groups

HR Digest

I was at a conference recently and one of the speakers remarked that “Culture hedges against the risk of uncertainty.” Our ability to do that – and get it right – is our greatest opportunity to grow our business and our people and play a meaningful role in society. That, I think gets to the heart of what the right culture can do.

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Why Consensus Kills Team Building | N2Growth Blog

N2Growth Blog

Decisioning by consensus usually results in no decision being made, or an intellectually dishonest, watered-down decision that is so full of compromises, hedges and caveats that a non-decision might have been preferable. Where levels of responsibility and consequences for success or failure fall differently on various participants.

Consensus 325
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Companies That Do Right by Their Workers Start by Elevating Their Definition of Success

Harvard Business Review

There are no public shareholders clamoring for higher dividends, no hedge funds gorging on management fees. They share in big year-end bonuses based on the company’s financial performance, participate in a well-funded pension plan, and enjoy perks that most companies would reserve for their top brass.