The Secrets Of Decision Making

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The Secrets Of Decision Making
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Author : Kapil Bedi
language : en
Publisher:
Release Date : 2021-11-22
The Secrets Of Decision Making written by Kapil Bedi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-22 with categories.
We make decisions throughout the day and in our lifespan we make thousands of decisions. Most of the decisions are routine barring few ones which have profound impact on our life. Gaining competence in decision making is highly desirable for personal and professional prosperity. The objective of writing this book is to provide an opportunity to gain the mastery in decision making. Decision making is both science and an art. When we talk of science we will systematically understand what constitutes to be a decision, how we have evolved as decision makers, how we deviate from rationality under the influence of cognitive biases, how we get emotional manipulated. We will learn these with the help of behavioral sciences - neurosciences, social science, neuroeconomics, cognitive psychology and group dynamics. Decision making is an art because we interpret the decisions subjectively. We have to learn and master this art of decision making so as to be an able, rational and ethical decision maker at individual levels, in groups and at organization level. In this highly engaging book, the author details decision making process, explains how to shield from cognitive biases, external manipulations and temptations, describes various tools and techniques required for decision making and throws light on drafting our own ethical code. The concepts are explained in details alongwith case studies and real life examples. It is an essential read for all individuals.
The Three Secrets Of Wise Decision Making
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Author : Barry F. Anderson
language : en
Publisher:
Release Date : 2002
The Three Secrets Of Wise Decision Making written by Barry F. Anderson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
The Secret Life Of Decisions
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Author : Ms Meena Thuraisingham
language : en
Publisher: Gower Publishing, Ltd.
Release Date : 2013-02-28
The Secret Life Of Decisions written by Ms Meena Thuraisingham and has been published by Gower Publishing, Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-28 with Business & Economics categories.
The Secret Life of Decisions exposes the unchallenged myths and distortions that impact our reasoning ability, raising our awareness of the many traps we can fall into. Meena Thuraisingham and her collaborator, Wolfgang Lehmacher, have drawn from decades of work with leaders showing that even the most talented leaders and teams can end up making sub-optimal decisions. This is rarely because they had poor critical thinking faculties but rather because they did not pay enough attention to the often invisible traps hardwired into our thinking processes, letting through only information that conforms with our current beliefs, mental models and expectations. This leaves many leaders and businesses exposed. This book is an essential read for developing and seasoned executives who have to work through high stakes decisions. It treats choosing wisely and the thinking involved as a skill that can be improved with the guided practice and supporting tools provided here. The journey however starts with awareness that comes from outing the ‘secret’ forces that can sabotage the quality of our decisions.
The Little Black Book Of Decision Making
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Author : Michael Nicholas
language : en
Publisher: John Wiley & Sons
Release Date : 2017-08-28
The Little Black Book Of Decision Making written by Michael Nicholas and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-28 with Business & Economics categories.
The secret to making the right call in an increasingly complex world The decisions we make every day – frequently automatic and incredibly fast – impact every area of our lives. The Little Black Book of Decision Making delves into the cognition behind decision making, guiding you through the different ways your mind approaches various scenarios. You'll learn to notice that decision making is a matter of balance between your rational side and your intuition – the trick is in honing your intuition to steer you down the right path. Pure reasoning cannot provide all of the answers, and relying solely on intuition could prove catastrophic in business. There must be a balance between the two, and the proportions may change with each situation. This book helps you quickly pinpoint the right mix of logic and 'gut feeling,' and use it to find the best possible solution. Balance logic and intuition in your decision making approach Avoid traps set by the mind's inherent bias Understand the cognitive process of decision making Sharpen your professional judgement in any situation Decision making is the primary difference between organisations that lead and those that struggle. The Little Black Book of Decision Making helps you uncover errors in thinking before they become errors in judgement.
The Art Of Thinking Clearly
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Author : Rolf Dobelli
language : en
Publisher: Harper Collins
Release Date : 2014-05-06
The Art Of Thinking Clearly written by Rolf Dobelli and has been published by Harper Collins this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-06 with Psychology categories.
A world-class thinker counts the 100 ways in which humans behave irrationally, showing us what we can do to recognize and minimize these “thinking errors” to make better decisions and have a better life Despite the best of intentions, humans are notoriously bad—that is, irrational—when it comes to making decisions and assessing risks and tradeoffs. Psychologists and neuroscientists refer to these distinctly human foibles, biases, and thinking traps as “cognitive errors.” Cognitive errors are systematic deviances from rationality, from optimized, logical, rational thinking and behavior. We make these errors all the time, in all sorts of situations, for problems big and small: whether to choose the apple or the cupcake; whether to keep retirement funds in the stock market when the Dow tanks, or whether to take the advice of a friend over a stranger. The “behavioral turn” in neuroscience and economics in the past twenty years has increased our understanding of how we think and how we make decisions. It shows how systematic errors mar our thinking and under which conditions our thought processes work best and worst. Evolutionary psychology delivers convincing theories about why our thinking is, in fact, marred. The neurosciences can pinpoint with increasing precision what exactly happens when we think clearly and when we don’t. Drawing on this wide body of research, The Art of Thinking Clearly is an entertaining presentation of these known systematic thinking errors--offering guidance and insight into everything why you shouldn’t accept a free drink to why you SHOULD walk out of a movie you don’t like it to why it’s so hard to predict the future to why shouldn’t watch the news. The book is organized into 100 short chapters, each covering a single cognitive error, bias, or heuristic. Examples of these concepts include: Reciprocity, Confirmation Bias, The It-Gets-Better-Before-It-Gets-Worse Trap, and the Man-With-A-Hammer Tendency. In engaging prose and with real-world examples and anecdotes, The Art of Thinking Clearly helps solve the puzzle of human reasoning.
Decision Making For Dummies
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Author : Dawna Jones
language : en
Publisher: John Wiley & Sons
Release Date : 2014-09-11
Decision Making For Dummies written by Dawna Jones and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-11 with Business & Economics categories.
Discover the best approaches for making business decisions Today's business leaders have to face the facts—you can't separate leadership from decision making. The importance of making decisions, no matter how big or small, cannot be overstated. Decision Making For Dummies is a candid resource that helps leaders understand the impact of their choices, not only on business, but also on their credibility and reputation. Designed for managers, business owners, and anyone else who makes tough decisions on a daily basis, this guide helps you figure out if the decisions you're making are the right ones. In addition to helping you explore how to evaluate your choices, Decision Making For Dummies covers ways to receive support for decision making, delves into various decision-making styles, reviews the importance of sifting through data and information, and includes information on ways to engage others and make decisions collectively. Being in charge can be challenging, but with this guide, you don't have to go it alone. Discusses the effects of decision making and outlines the considerations that must be made to gain trust and confidence Demonstrates ways to communicate particularly sensitive decisions, and offers approaches for making bold decisions that challenge the status quo Delves into the risks and benefits of certain decisions, and shows readers the best ways to evaluate choices Outlines smart strategies for engaging others and drawing them into the decision-making process Crucial decisions need to be made every day in the business world, so there's no time to waste. Make Decision Making For Dummies your primary resource for learning to choose your actions wisely and confidently.
The Secret Life Of Decisions
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Author : Meena Thuraisingham
language : en
Publisher: Routledge
Release Date : 2017-03-02
The Secret Life Of Decisions written by Meena Thuraisingham and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-02 with Business & Economics categories.
Making decisions is a critical part of every executive’s job. However we know so little about the often subliminal processes that shape the decisions we make. The Secret Life of Decisions exposes the unchallenged myths and distortions that impact our reasoning ability, raising our awareness of the many traps we can fall into. Meena Thuraisingham and her collaborator, Wolfgang Lehmacher, have drawn from decades of work with leaders showing that even the most talented leaders and teams can end up making sub-optimal decisions. This is rarely because they had poor critical thinking faculties but rather because they did not pay enough attention to the often invisible traps hardwired into our thinking processes, letting through only information that conforms with our current beliefs, mental models and expectations. This leaves many leaders and businesses exposed. Rather than being the rational output of our reasoning abilities, the authors show decision making to be a highly imprecise process. As decision makers we come to the table armed with our own perspectives, preferences, filters, heuristics and biases, influenced by a broad range of social influences many operating subliminally. The Secret Life of Decisions is an essential read for developing and seasoned executives who have to work through increasingly complex and high stakes decisions. It treats choosing wisely and the thinking involved as a skill, which as with many other skills, can be improved with the guided practice and supporting tools provided here. The journey however starts with awareness that comes from outing the ’secret’ forces that can sabotage the quality of our decisions.
The Right Decision
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Author : James Stein
language : en
Publisher: McGraw Hill Professional
Release Date : 2009-11-20
The Right Decision written by James Stein and has been published by McGraw Hill Professional this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-20 with Business & Economics categories.
CAN YOU EVER BE SURE YOU'RE MAKING THE RIGHT DECISION? Should you stay in a comfy job with little chance of advancement-or take a riskier one in which you could make lots of money but also wind up on the street? Should you listen to a doctor who advises surgery-or trust another who tells you to wait and see if your condition improves? Should you remain in a cozy relationship without much spark-or cut your losses and search for your soul mate? Is there ever a “right” decision? Professor James Stein would argue yes, and in this provocative new book, he shows you how to apply the mathematical principles of Decision Theory to every aspect of your life. Ingeniously blending statistics, probability, game theory, economics, and even philosophy, this dynamic new approach to decision making can help you choose a new career path, buy a better home, even pick the perfect mate. With The Right Decision, you can't go wrong. INCLUDES ENTERTAINING INTERACTIVE QUIZZES TO HELP YOU MAKE THE RIGHT DECISION EVERY TIME!
The Problem Solving Problem Prevention And Decision Making Guide
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Author : Bob Sproull
language : en
Publisher: Taylor & Francis
Release Date : 2018-03-21
The Problem Solving Problem Prevention And Decision Making Guide written by Bob Sproull and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-21 with Business & Economics categories.
Each day, managers and employees are confronted with a plethora of real problems and decisions that are creating issues suchs as lost throughput, poor quality, personnel problems, and material shortages.How they approach these daily quandaries will determine how successful they are at resolving problems and making effective decisions. It is human nature for managers to solutions before they even understand the nature of the problems they are trying to solve. As a result, they end up making blind decisions that change perfectly acceptable processes for incorrect reasons. The real secret to solving problems does not depend upon the number of sophisticated statistical tools that one applies -- The secret to solving most problems is to keep the approach simple and uncomplicated. Many managers and employees make mistakes because they fail to do what Toyota does so effortlessly -- . They fail to perform the 'genmba walk,' during which they go to see the actual process, understand the work, ask questions, and learn. By following a structured approach, and using only simple tools, most problems can be solved, effective decisions can be made, and problems prevented. The cornerstones of this book are three detailed roadmaps for solving problems, preventing problems, and making effective decisions. Each roadmap contains a step-by-step explanation on how to solve existing problems, how to prevent future problems, and how to make effective decisions. The book provides real case studies to illustrate each of the techniques presented in the book.