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Decision Making On Money, Love, Work & Health: Why Decisions Errors Are Mad
2009-08-31 14:15:00 Decision making is something that happens throughout our day but with different degrees of importance, urgency and consequential outcomes. Your life at this very moment is the result of every decision you have made along the way. There is no doubt how easy life will turn out to be, if we can make good decisions quickly and easily. But we both know that in reality decision making is not that clear cut! Everyone makes wrong decisions sometimes or bad ones for that. I am sure you can recall moments where you said to yourself, ?I wish I didn't make THAT decision?. How many times have you heard stories about smart people making stupid decisions with their money? This happens all too often and baffles everyone. Have you ever wondered why intelligent, sensible people make such mistakes and rash decisions? Guidelines, strategies that tell us how to make a decision. Sadly, it doesn?t always produce a correct answer. However, sometimes they are the reasons why people make the wrong decision...
By: Enhance Life
computer use for decision making
2009-03-22 20:13:00 How can I utilise computer appropriately to assist me for decision making.
What Are We Teaching Students About On-Line Decision Making?
2008-08-19 13:00:00 Are educators doing students an injustice because of the limitations that Internet filters provide? Ever since use of the Internet in public schools became widespread, concerns about students misusing the Web have caused headaches, arguments, and lengthy and pricy solutions to limiting student
Doug Feith on War & Decision-making
2008-06-11 18:55:00 While I had become interested in War and Decision: Inside the Pentagon at the Dawn of the War on Terrorism when I read reviews of this new book written by the Bush Administration’s former Under Secretary of Defense for Policy on Powerline (here and here), I didn’t resolve to buy it until I caught this ...
By: GayPatriot
Part II: Ethics and Decision Making
2008-06-08 14:23:00 Part I of this article can be found here. Managers have a built-in incentive to try to reduce competition. Corporations attempt to discover and create consumer demand for their own products. Managers, usually with the help of government, can potentially create monopoly-like conditions and thus improve profitability and stability in many different and creative ways. In ...
Homeowner Shoots Intruders
2008-06-06 17:24:00 Via SayUncle and KDT: Homeowner fired to protect his wife during invasion So we have two 19yr old adults, one with a prior criminal history, and one carrying a weapon, put on masks and break into a 70 yr old mans home and he shoots them both. read more
By: Brillianter.com
Improve Your Decision-Making
2008-05-19 02:03:00 Evolution has gifted us the most complicated entity yet found on Earth: our minds. But in many ways the mind is also a clumsy, cobbled together contraption with many predictable flaws. In his new book Professor Gary Marcus of New York University likens the mind to a ''kluge'' - an engineering term meaning a clumsy or inelegant solution to a problem.To combat the ''klugey'' nature of our minds, Professor Marcus provides 13 quick techniques based on psychological research to help us combat its inherent flaws in decision-making. 1. Whenever possible, consider .........
Effective Decision-Making Tips
2008-05-02 07:00:00 Decision-making is an important task that will enable an organization to function properly but it is inevitable that some managers may find this task quite daunting because the success of the organization relies on them. They will also encounter the fear of making the wrong decision because so much is at stake. You might wonder ...
Decision Making in PDA
2008-04-16 10:00:00 The newly found love between the previous arch-rivals PML-N and PPP marks a grand historic step forward in the history of Pakistan. The most heartening thing is that the mutual agenda of both the parties converge on national cooperation and they seem to be committed to it. Amidst all the controversies and the upheavals after 18th ...
Intuition in Decision-making
2008-04-15 20:36:00 ?The only real valuable thing is intuition. ? ~Albert Einstein Intuition is the holy grail of the Self-Development movement. There are so many books out there promising to help you find your inner voice, trying to teach you how to trust what your inner self tells you. But it is not always that simple. It can ...
Scenario Specificity
2008-04-10 00:29:00 If you read enough of the books, forums, and websites you will find that different definitions of a scenario is a common problem. The reason this becomes a problem is that people will find and latch on to some small theoretical detail and use that as the solution to the scenario. In the software field this would be called a 'hack.' For training purposes I am not really interested in a solution that only solves a corner-case. I am interested in broad, robust solutions. Simple procedures that solve a broad range of problems have a much better chance of being useful that a some gimmick that is particular to a single instance. The single instance that one has a connection to, tends to loom large in our thinking. It is an individual example of fighting the last war. read more
By: Brillianter.com
Critical Decision Making With Six Sigma Cause & Effects Analysis
2008-04-09 07:00:00 The tool allows for hypothetical testing of real-time problems and also the applicability of the suggested solutions, allowing businesses to take the most appropriate decisions. Proof of its effectiveness is easily evident when you consider the fact that businesses continue to use it even when many new tools and techniques have developed during the past ...
By: Resources zone
Decision making !
2008-04-07 08:40:00 While recently reading up an interview with executive coach Marshall Goldsmith, i was attracted to these words which on the face of it was pretty obvious all along ... "Every decision is made by the person who has the power to make it. Not the smartest person, not the prettiest or the best, but the one who has the power."It does'nt take long to realize the truth in the above statement. Ultimately the one making the final decision is the one with the power to make it. Is there anything at all that you can do to have an outcome that satisfies you; are you totally powerless; frankly, you are not entirely powerless even when you do not have the power to make decisions. You can do one significant thing and that is - Influence.How do you influence ? Well, how does anyone influence you ... think of advertisements and marketing pitches exhorting you to try and buy a range of products and services ... which brings us to a fact that all of us need to realize and accept viz. we ...
Racial Bias in Shootings
2008-04-05 23:42:00 This is an interesting read: Target Practice: Racism and Police Shootings Are No Game Basically there is a computer shoot/no-shoot simulation and it seems that the general population is slightly more likely to shoot black people than white people. The simulation has people holding weapons (shoot targets) and things like cell phones and soda cans (no-shoots.) Apparently police officers do better than general public and exhibit less racial bias. The online version of the simulation can be found here read more
By: Brillianter.com
Decision-Making Warning Flag 1b - Weak Analogies
2008-03-16 15:16:00 It does not appear as if you are logged-in as a Registered Member. If you were registered and logged-in, you would gain access to the many members-only categories, whitepapers, and models available on the StrategyDriven website. If you have not registered, it is easy and FREE! Please take a moment and register now.
By: StrategyDriven
Decision-Making Warning Flag 1a - The Gambler’s Fallacy
2008-03-02 07:29:00 It does not appear as if you are logged-in as a Registered Member. If you were registered and logged-in, you would gain access to the many members-only categories, whitepapers, and models available on the StrategyDriven website. If you have not registered, it is easy and FREE! Please take a moment and register now.
By: StrategyDriven
Career Change - Career Decision Making Technique
2008-02-23 10:30:00 In your quest for career change answers, a good decision making technique can help you to make smart choices, and a decisional balance is a simple, effective and free decision making tool. To use a decisional balance, you need nothing more than a pen, a piece of paper, and a little bit of time to ...
Decision-Making Warning Flag 1 - Logic Fallacies Introduction
2008-02-10 19:59:00 It does not appear as if you are logged-in as a Registered Member. If you were registered and logged-in, you would gain access to the many members-only categories, whitepapers, and models available on the StrategyDriven website. If you have not registered, it is easy and FREE! Please take a moment and register ...
By: StrategyDriven
Marketing decision making
2008-02-02 10:35:00 The fundamentals of marketing and marketing practices are not subject of this opinion. The purpose is to ask the most appropriate questions when selecting or weighing the decision to move forward with particular company and its respective strategic vision. Lets start by looking at some general con
Ethics and Decision Making
2008-01-19 18:00:00 The search for excellence begins with ethics. Every time a person chooses between alternatives, the choice is based on assumptions that lie at the heart of a moral code. The code is grounded in values that provide the framework for principled reasoning and ethical decisions. Share This
Decision-Making - Evaluating Decision Options, part 3 of 3
2008-01-13 18:33:00 It does not appear as if you are logged-in as a Registered Member. If you were registered and logged-in, you would gain access to the many members-only categories, whitepapers, and models available on the StrategyDriven website. If you have not registered, it is easy and FREE! Please take a moment and register ...
By: StrategyDriven
Less Stressful Decision Making
2008-01-08 22:09:00 "Whenever I make a bum decision, I just go out and make another." –Harry Truman Having to make a decision is stressful. What if you make the wrong... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: Where We Relax
Decision-Making - Evaluating Decision Options, part 2 of 3
2008-01-06 20:20:00 It does not appear as if you are logged-in as a Registered Member. If you were registered and logged-in, you would gain access to the many members-only categories, whitepapers, and models available on the StrategyDriven website. If you have not registered, it is easy and FREE! Please take a moment and register ...
By: StrategyDriven
Focus on Decision Making and Execution
2008-01-06 06:54:00 Once you have a clear laser-beam focus on a WOW level goal, there are two other keys to remember. Speed of Decision The first is speed of decision. When I go out to companies as a consultant and to survey employees, the number-one frustration of most employees is the decisions their bosses haven?t made. And the reason ...
Decision-Making - Evaluating Decision Options, part 1 of 3
2007-12-30 21:14:00 It does not appear as if you are logged-in as a Registered Member. If you were registered and logged-in, you would gain access to the many members-only categories, whitepapers, and models available on the StrategyDriven website. If you have not registered, it is easy and FREE! Please take a moment and register ...
By: StrategyDriven
Carpet or Tile? Rehab Decision Making for Nervous Newbies
2007-12-29 20:47:00 Rehabbing a house can be a nail-biting experience, particularly the first time around. Sometimes, nice readers over at my blog email asking advice about their latest rehab project. Generally, the questions involve finishing issues such as whether to paint or replace kitchen cabinets, or if carpet or wood floors work better in a rental. I ...
Decision Making: Intuition or Evidence?
2007-12-13 00:00:00 Many believe that entrepreneurs shoot from the hip all of the time, relying on some extra intuition that regular folks don't have. How many think that is so? If that was the case, wouldn't there be a higher level of...
Nipomo Delays Water Decision Making Due to Blacklake Residents' Concerns
2007-11-26 23:50:00 According to the <a href="http://www.theadobepress.-com/articles/2007/11/23/news/ne-ws02.txt">Adobe Press</a>, Blacklake residents turned out in great numbers to the Nipomo Community Services District ("NCSD") meeting in response to a proposed plan which would require an equitable contribution of $1672 from each Blacklake homeowner in order to merge the water systems. Blacklake residents argue that the equitable contribution should not be required of them because the systems were combined, in effect, when NCSD annexed Blacklake in 1993. In short, NCSD wants to combine the Blacklake Division and Town Division water funds. Blacklake's fund comprises 58 percent of the 2.5 million currently managed by the Service District. Instead of moving forward on the initiative, NCSD voted 3-2 to further study the capacity of the existing Blacklake system, as well as the financial impact of a merged system versus a stand alone Blacklake system. Conta...
Review: Decision Making in Chess (DVD)
2007-11-22 04:23:00 My latest review for ChessCafe is now online - it's the ChessBase DVD titled Decision Making in Chess, by GM Adrian Mikhalchishin. For the next several days, it is available at the ChessCafe main book review page. Afterwards, you can find it here, in the ChessCafe archives. Here's a brief excerpt: "In this 3½-hour DVD, GM Adrian Mikhalchishin takes a close look at twenty games, including
Organizational disasters occur as a result of ineffective decision making.
2007-11-22 01:59:00 What other examples are there other than the Challenger disaster?
By: nobosh Answers
Outsourcing: Why Outsource? Potential Benefits and Risks
2007-11-15 23:04:00 Outsourcing has quickly become a commonly used tool in organizations. What has made outsourcing so popular? The popularity of outsourcing is well justified as it generates significant advantages. However, outsourcing has some inherent risks which should be identified and dealt with preemptively.Why Outsource then? Organizations make use of outsourcing when a certain function has a potential to become more economic with little strategic cost to the organization. Outsourcing is usually used if one of the following applies to the specific function required:1. Special skills are required and it is unwise to invest in their development within the organization ? It is wise to outsource if it is not economically sound to invest in developing a set of skills. Another consideration should be the quality of skills developed in comparison to those available outside the organization.2. Not a core-competence of the organization ? If a specific function required to an organization is not a part o...
Entrepreneurial Decision Making: Choosing the Right Idea
2007-11-14 17:22:00 Part of being an entrepreneur is being an idea machine. You are constantly thinking of new products or ways to improve upon existing ones. It can be both a good and bad thing. It?s great because any one of those ideas could be the next big thing! Yet, it?s bad because ...
Prayer for Decision Making by Saint Francis
2007-11-13 04:35:00 Most high and glorious God, come and enlighten the darkness of my heart. Give me right faith, certain hope, and perfect love, that everything I do may be in fulfillment of your holy will. Through Jesus Christ my Lord.
By: Catholic Prayers
?Understanding EIA: From screening to decision making?, CSE?s hands-on trai
2007-11-04 05:03:00 Environmental Impact Assessment (EIA) is an important tool for informing decision-makers, regulators and stakeholders about the possible environmental, social and economic costs of a proposed project. To be effective, it requires the active involvement of all concerned stakeholders. There is a genuine need to develop the capacity of state-level regulators and state-level appraisal committees to screen ...
By: Delhi Greens
Guide to Business Gift-Giving Occasions and Decision-Making Criteria for Pr
2007-11-01 21:11:00 First, make business gift giving an important part of your business building strategy. Consider it an important opportunity to establish or develop your business network and relationships. Everyone likes to be acknowledged and appreciated; what better way to achieve this than by giving a gift where no reciprocation is required or expected; with that ...
Decision-Making Best Practice 4 - Identify the Target
2007-10-31 01:57:00 It does not appear as if you are logged-in as a Registered Member. If you were registered and logged-in, you would gain access to the many members-only categories, whitepapers, and models available on the StrategyDriven website. If you have not registered, it is easy and FREE! Please take a moment and register ...
By: StrategyDriven
Automated decision-making: The death of expertise
2007-10-27 04:09:00 Sep 13th 2007 From The Economist print edition: EVERY time a world-class chess player loses to a computer, humans die a little. In this book Ian Ayres, a professor of law and management at Yale University, explains how in many less high-profile endeavours, human intuition and flair are more easily beaten. The sheer quantity of data and ...
Effective Decision Making Is Important In Business
2007-10-22 09:08:00 Decision-making is an important task that will enable an organization to function properly but it is inevitable that some managers may find this task quite daunting because the success of the organization relies on them. They will also encounter the fear of making the wrong decision because so much is at stake. You might wonder ...
Decision-Making Best Practice 3 - Broad Commitment
2007-10-19 05:32:00 It does not appear as if you are logged-in as a Registered Member. If you were registered and logged-in, you would gain access to the many members-only categories, whitepapers, and models available on the StrategyDriven website. If you have not registered, it is easy and FREE! Please take a moment and register ...
By: StrategyDriven
Decision Making
2007-10-09 22:49:00 I have seen it time and time again: Brilliant people with great ideas who can’t make a decision to save their lives, or their businesses in this case. It’s like the person had so much on his or her “to do” list that he or she couldn’t decide what to do first, so ended up doing nothing at all. Failure to make quick decisions will always be the downfall of an entrepreneur. As Lee Iacocca said, “The one word that makes a good manager—decisiveness.” It is incredibly important that you make quick decision-making a habit early on. A good entrepreneur always goes with his or her gut. If gut-level feelings are one-third genes (or something that you are just “born with”), then the other two-thirds have to be experience and logic. That indescribable feeling you are born with will help you choose a path quickly, while logic and experience will help you solidify your decision because they will affirmed it with more calculated thoughts. (more…)
New Model Release - Decision-Making Base Model
2007-09-28 03:13:00 StrategyDriven contributors are pleased to announce the release of our fourth model, the Decision-Making Base Model. This model illustrates the concepts of uncertainty and risk associated with hurdle and window decisions. (Hurdle decisions seek outcomes above a defined threshold while window decisions seek outcomes between an upper and lower threshold.) Additionally, the model ...
By: StrategyDriven
Managerial decision making and the decision process
2007-09-24 18:14:00 Decisions drive an organization. The theory on decision making is vast but can be summarized quite effectively by using Vroom and Yetton's normative model for decision making.The model characterizes several types of decision making, each suitable for varying situations. These types are:A1: Leader takes known information and then decides alone.A2: Leader gets for information from followers, and then decides alone.C1: Leader shares problem with followers individually, listens to ideas and then decides alone. C2: Leader shares problems with followers as a group, listens to ideas and then decides alone. G2: Leader shares problems with followers as a group and then seeks and accepts consensus agreement.According to Vroom and Yetton each decision is influenced by two major factors:1.Decision Quality - Is the quality of the decision measurable?a. Does the manager have the necessary skills and information to make the decision? Do employees possess that information?b. Does the issue at hand...
Decision-Making Best Practice 2 - Multidiscipline Teams
2007-09-22 22:51:00 It does not appear as if you are logged-in as a Registered Member. If you were registered and logged-in, you would gain access to the many members-only categories, whitepapers, and models available on the StrategyDriven website. If you have not registered, it is easy and FREE! Please take a moment and register ...
By: StrategyDriven
Decision-Making Best Practice 1 - There Can Be Only One
2007-09-15 17:31:00 It does not appear as if you are logged-in as a Registered Member. If you were registered and logged-in, you would gain access to the many members-only categories, whitepapers, and models available on the StrategyDriven website. If you have not registered, it is easy and FREE! Please take a moment and register ...
By: StrategyDriven
New Category Released ? Decision-Making
2007-09-08 15:53:00 As a way of saying thank you to our registered members, StrategyDriven contributors are launching a series of new member?s only categories covering practices that permeate the strategic planning and tactical business execution processes. Our initial category, Decision-Making, will examine the four categories of decision-making (emergency, day-to-day, intermediate-term, and strategic), underlying concepts, and performance best ...
By: StrategyDriven
Decision-Making Introduction
2007-09-08 15:52:00 For better or worse, our decisions and those of the other members of our organization define today?s realities and tomorrow?s outcomes. In a world that is becoming increasingly knowledge based, more and more members of an organization are making impactful decisions every day; thereby extending decision-making’s importance from the executive suites to the desks of ...
By: StrategyDriven
Single Payment Scheme ? master class in bad decision making
2007-09-06 19:30:00 DEFRA and the Rural Payments Agency (RPA) have been slated after the publication of a report into the delays in administering the 2005 Single Payment Scheme (SPS).
By: FWi - All News
Inappropriate Decision Making Techniques
2007-09-02 21:12:00 So that's how they picked the president!
By: the so called me
Understanding psychological biases to improve decision-making
2007-08-29 10:05:00 Many of us have used the terms ?hawk? and ?dove? to refer to the different ways politicians view the world. Those with hawkish tendencies are supposed to be more likely to prefer to use military force against a perceived threat and to steer clear of offering concessions to adversaries. Doves, on the other hand, prefer to avoid using force in favor of finding non-violent solutions, if possible. Some psychology research suggests that humans may be predisposed to favor hawkish arguments because of our susceptibility to certain biases. In their article ?Why Hawks Win,? Daniel Kahneman and Jonathan Renshon discussed some of these biases in an effort to explain the observed human tendency to prefer conflict over concession. Kahneman and Renshon argue that the overconfidence bias - the same bias that leads about 80% of all drivers to believe their driving skills are above average - ?makes politicians and generals receptive to advisors who offer highly favorable estimates of the outcomes ... |
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