Harvard Business Review

NOVEMBER 19, 2018

Nobel Prize winner Daniel Kahneman described this distinction as “being happy in your life” versus “being happy about your life.” But what kind of happiness do people want? Is it happiness experienced moment-to-moment? Or is it being able to look back and remember a time as happy?

Participative 15

Participative Kahneman Ethics Definition 15

Harvard Business Review

JULY 2, 2013

As Nobel Prize-winning psychologist Daniel Kahneman has written, "For most people, the fear of losing $100 is more intense than the hope of gaining $150. While the phenomenon of loss aversion has been well-documented, it''s worth noting that Kahneman himself refers to "most people" — not all — when describing its prevalence.

Kahneman 8

Kahneman Tversky Hedge Banking 8

Harvard Business Review

AUGUST 14, 2018

Many leading American digital firms, including Google, Amazon, eBay, and Uber, have successfully expanded internationally by introducing their products, services, and platforms in other countries. Paper Boat Creative/Getty Images. However, they have all failed in China, the world’s largest digital market.

Competitive Advantage 11

Competitive Advantage Business Model Technology Marketing 11

Harvard Business Review

JANUARY 27, 2014

Daniel Kahneman has claimed the following as his favorite equation: Success = talent + luck. Kahneman’s implication is that the difference between moderate and great success is mostly luck, not skill. Great success = a little more talent + a lot of luck. It often is still a good idea, but the potential downside is greater.).

Career 8

Career Planning Kahneman Uncertainty 8

Harvard Business Review

JANUARY 12, 2016

A 2010 paper by psychologist Daniel Kahneman and economist Angus Deaton, both Nobel laureates, calculated that day-to-day happiness peaks at an income of $75,000 a year, after which it plateaus. (At This research builds on some earlier, seminal research on how much money we need to make us happy. was $49,777, and the mean was $67,976.)

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Kahneman Policies Report Class 8

Harvard Business Review

NOVEMBER 9, 2015

Of course, I believe in our product, which is the ability of our firm to deliver strong investment performance and competent service. And yet from the minute we received our SEC approval to manage clients’ assets, I became our chief salesperson. And it turns out I like selling much more than I thought I would.

CEO 8

CEO Tversky Kahneman Travel 8

Harvard Business Review

JUNE 5, 2018

So, you set out for early wins in what seem like obvious areas to fix — on the cost side, perhaps the speed of processes within production, and on the revenue side, the size of the sales force. That’s why you were brought in. But rushing toward early wins, even in areas that seem uncontroversial, can be unexpectedly hazardous.

Supply Chain 11

Supply Chain CEO Kahneman Self-aware 11

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

Harvard Business Review

OCTOBER 9, 2012

Psychologists Daniel Kahneman and Amos Tversky attributed this tendency to what they called the "availability" heuristic (rule of thumb): our minds give inordinately heavy weighting to the most readily available/recent/vivid data and experiences. China today represents approximately 50% of global steel production and consumption.

Banking 8

Banking Tversky Real Estate Kahneman 8

Harvard Business Review

JANUARY 3, 2013

A product of the Joint Strike Fighter program, which aimed to design a strike fighter that would satisfy the needs of the Air Force, Navy, and Marines, the F-35 would be revolutionary in its versatility, applicability, and a host of other -ilities too. The US military's F-35 Lightning II was going to change everything.

Tversky 8

Tversky Kahneman Budgeting Planning 8

Harvard Business Review

MARCH 7, 2016

And then there is the unfortunate circumstance that economics in the twentieth century was based on the theory that people make rational choices when given good information, a theory proved to be somewhere between spotty and completely wrong thanks to a revolution in behavioral economics, led by Nobel Prize winner Daniel Kahneman.

Kahneman 8

Kahneman Groupthink Tools Software 8

Harvard Business Review

FEBRUARY 24, 2015

These preparatory steps are of particular importance for carve-outs that are not full-fledged business units with profit & loss responsibility, such as R&D centers or production units whose only customer is their parent. ” When it comes to divestitures, bad economics usually get discounted in the transaction price.

Chemicals 8

Chemicals How To Kahneman Reputation 8

Harvard Business Review

OCTOBER 19, 2015

In searching for an answer it’s all too easy to become guilty of what psychologist Daniel Kahneman calls System One thinking: using fast, instinctive, and emotional shortcuts to jump to conclusions. And why has your sales team just seen an influx of new leads — are those things related?

Metrics 8

Metrics Disaggregation Real Estate Kahneman 8

Harvard Business Review

JANUARY 12, 2015

Ethical consumerism is the broad label for companies providing products that appeal to people’s best selves (for example, fair trade coffee or a purchase that includes a donation to a charitable cause). But people regularly buy hybrid cars, organic foods, environmentally-friendly detergents and Warby Parker glasses.

Ethics 8

Ethics Marketing Brand Morale 8

Coaching Tip

FEBRUARY 5, 2011

A core finding of this work is that we are not primarily the products of our conscious thinking. According to research by Daniel Kahneman, Alan B. Brain science helps fill the hole left by the atrophy of theology and philosophy. The conscious mind gives us one way of making sense of our environment.

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Kahneman Bond Morale Environment 103

Harvard Business Review

FEBRUARY 29, 2012

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.'.

Kahneman 14

Kahneman Tversky Company Innovation 14

Harvard Business Review

JULY 23, 2012

The psychologists Daniel Kahneman and Amos Tversky demonstrated quite convincingly that we human beings are not the model-optimizing "rational" actors that many economists historically believed we are. Ehrlich failed to appreciate the possibilities of the " Green Revolution " which dramatically increased agriculture's productivity.

Uncertainty 13

Uncertainty Tversky Kahneman Self-aware 13

Harvard Business Review

DECEMBER 19, 2012

Behavioral economists like Dan Ariely and Nobel laureate economist Daniel Kahneman would say the framing of survey questions reflects a desire to capture what's most important or detect emergent pathologies. The company's Pampers product had failed time and time again to gain any traction in Japan.

Kahneman 9

Kahneman Survey Brand Efficiency 9

Harvard Business Review

SEPTEMBER 25, 2017

But a focus on information processing, reaction, and execution — while it may feel productive — causes the quality of our thoughts to suffer. The role of the discussion partner is to facilitate the exploration of ideas, to make reflection more productive, and to build reflective habits and capabilities.

How To 13

How To CEO Kahneman Armstrong 13

Harvard Business Review

OCTOBER 6, 2015

But space for “slow thinking,” in Daniel Kahneman’s term, has been systematically expunged from today’s high-pressure offices. Consider a quote from the founder of a food production start-up featured in Martin Ford’s Rise of the Robots : “Our device isn’t meant to make employees more efficient.

Film 8

Film Drucker Technology Kahneman 8

Harvard Business Review

OCTOBER 26, 2015

A longtime company client effectively told me they wanted to transform their single high-profile global customer forum into a new product sales event. Let’s preserve at least one event where our best customers, not our newest products, are the real stars. Andrew Nguyen/HBR Staff. Let’s better balance selling and listening.

Kahneman 8

Kahneman Wilde Proposal Review 8