Posts Tagged ‘decision-making’
Why Hiring A Remote Work Consultant Is Essential For Effective Remote Work
Remote work can bring many challenges for companies, including communication issues, lack of clear guidelines, and cognitive biases. Hiring a remote work consultant can help companies navigate the complexities of remote work and ensure its success.
Read MoreThe Perils Of Assuming Everything Is Fine: Normalcy Bias And The Rushed Approval Of Boeing’s New 737 Max 10 Jet
Despite opposition from families of crash victims, pilots’ union, and a key congressman, Congress cleared the Boeing 737Max 10 jet for certification without added safety measures. The cause of the crash was a cognitive error known as normalcy bias.
Read MoreFTX Fiasco Caused by SBF’s Double-or-Nothing Philosophy
For investors, the collapse of FTX is a reminder to be wary of founders like SBF with an excessive risk appetite. For entrepreneurs, it is a lesson to implement oversight and risk management plans to avoid the fate of SBF and FTX.
Read MoreEffective Strategies to Gain Constructive Feedback
Gathering active and passive feedback plays a vital role in improving stakeholder membership engagement. Learning to love constructive feedback ensures leaders can fulfill stakeholder expectations appropriately
Read MoreOmicron Arrival Reveals Leaders Unprepared for the Future of Work
The lack of action against the threat of an Omicron surge points towards a lack of vision in leadership. Leaders must fight against cognitive biases and adopt best practices to avoid disasters in the future of work.
Read MoreRedefining Hybrid Office Space to Boost Employee Productivity (Video and Podcast)
Employers must modify their hybrid office space to meet the changed needs of employees. They will do mostly collaborative work in the office while doing their individual tasks at home. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes how to redefine hybrid office space to boost employee productivity.
Read MoreThe Dangers of Mental Health Challenges for Startup Founders (Video and Podcast)
Startup founders can defeat mental health challenges and avoid burnout by paying attention to their mental health, seeking help, and standing up to pressure from major investors and Board members. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes the dangers of mental health challenges for startup founders.
Read MoreShould You Be Worried About the New COVID Strains? (Video and Podcast)
We greatly underestimate the dangers of the new COVID strains due to cognitive biases such as normalcy bias, hyperbolic discounting, and planning fallacy. We need to change our plans drastically to adapt to the new reality. That’s the key take-away message of this episode of the Wise Decision Maker Show, which answers the question: should you be worried about the new COVID strains?
Read MoreDefending Yourself From Misinformation via Neuroscience (Video and Podcast)
You can protect yourself from misinformation by considering alternative interpretations, being suspicious of repetition, and taking the Pro-Truth Pledge. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes how to defend yourself from misinformation via neuroscience.
Read MoreWhy Do More Buying Choices Cause Unhappiness?
More buying choices lead to less happiness. To make better shopping decisions, satisfice and limit your options. There is no such thing as the perfect deal, so look for products that are good enough.
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