Making Decisions That Matter
Roger Mark Thompson??
5X Executive | 2X President | Author | Speaker | Follow for posts on what it takes to be an Executive.
6 ways to avoid being predictably irrational.
UnThinkable Newsletter: LinkedIn Edition
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Principle
Meet Dan Ariely, a rockstar in the world of behavioral economics.
He's spent years studying why we do the things we do, especially when they make zero sense on paper.
For example, why do we go up for second helpings at a buffet when we are already full?
His book, "Predictably Irrational," explores the hidden forces behind our decisions.
Why does this matter?
At Work
1) Spot the Biases
2) Dissect Decisions
3) Debate
At Home
1) Family Pow-wows
2) Tech Timeout
3) The Money Game
Further Learning
If you’re intrigued and want to learn more about the intricacies of rationality and irrationality, here are my recommendations:
Also, if you missed them, be sure to check out the last couple of weeks newsletters:
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Concluding Thoughts
Until next week,
Roger
Founder of The UnThinkable
P.S.
I’m hosting a LinkedIn live event titled “Save 4 hours per Week - Top Time Management Tools” tomorrow (11th of March) at 12PM.
Tune in to receive a complimentary Leadership eBook on Effective Meetings.
On the mission to help 10,000 People Pass CAPM/PMP by 1st Try ?? | Available for 1:1 Coaching | Best Practice Into Action
10 个月This was a great read, thanks for sharing :-)
I especially appreciate prioritization and problem solving, Roger. This is a cool way to tune into smarter decision making
Executive Coach & Founder @ Durham Interim HR Leadership | Relational and Results Based Coaching, Disruptive Strategy
1 年I agree with your recommended reading Eg “Thinking, Fast and Slow” where Daniel Kahneman points out why there can be good balance in decision making beyond trusting your gut. Apologies for the over simplification of a well researched book.
Helping you influence human behavior | Founder of Medtech Brand Academy, creator of Legend Letters & the host of the Legend Effect podcast
1 年Humans are innately irrational Roger Mark Thompson?? understanding this about ourselves and about others can change the way we make decisions and how we influence others.
Follow to Become a Top 1% Communicator I Founder of Speak Like a CEO Academy I Bestselling Author I Host of Speak Like a CEO podcast I Join My Free Newsletter & Get My 50 Best Presentation Hacks (link below)
1 年Just knowing about biased helps us make better and more rational decisions Roger Mark Thompson??