Archive for the ‘Heath, Chip & Dan’ Category

All of the info I’ve collected says I’m right … so there!

November 2, 2017

Dan Lovallo, a professor and decision-making researcher says, “Confirmation bias is probably the single biggest problem in business, because even the most sophisticated people get it wrong. People go out and they’re collecting the data, and they don’t realize they’re cooking the books.”

What’s this “confirmation bias” that Lovello is talking about?

No surprise, people tend to seek out information that supports their existing beliefs.

You know, liberals watch MSNBC, read the NY Times listen to BBC podcasts; conservatives watch FOX, read the WSJ and listen to Rush.

Behavioral psychologists call the he dynamic “confirmation bias”.

 

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In socio-politics, the confirmation bias tends to harden polarized positions. People just gather debate fodder rather than probing both sides of issues.

In the realm of decision making, confirmation bias has a dysfunctional effect: it leads to bad decisions.

(more…)

All of the info I’ve collected says I’m right … so there!

April 21, 2017

Dan Lovallo, a professor and decision-making researcher says, “Confirmation bias is probably the single biggest problem in business, because even the most sophisticated people get it wrong. People go out and they’re collecting the data, and they don’t realize they’re cooking the books.”

What’s this “confirmation bias” that Lovello is talking about?

No surprise, people tend to seek out information that supports their existing beliefs.

You know, liberals watch MSNBC, read the NY Times listen to BBC podcasts; conservatives watch FOX, read the WSJ and listen to Rush.

Behavioral psychologists call the he dynamic “confirmation bias”.

 

clip_image002

=====

In socio-politics, the confirmation bias tends to harden polarized positions. People just gather debate fodder rather than probing both sides of issues.

In the realm of decision making, confirmation bias has a dysfunctional effect: it leads to bad decisions.

(more…)

Decision Making: Beware the villains …

April 21, 2016

According to Chip & Dan Heath in Rotman Management article “The 4 Villains of Decision Making” …

“Research in Psychology over the last 40 years has identified a broad set of biases in our thinking that doom our decision making. If we aspire to make better choices, we must learn how these biases work and how to fight them.”

 

Confused man

 

According to the Heath Brothers – academics & popular authors – there are 4 decision making villains that have to be confronted

(more…)

All of the info I’ve collected says I’m right … so there!

April 20, 2016

Dan Lovallo, a professor and decision-making researcher says, “Confirmation bias is probably the single biggest problem in business, because even the most sophisticated people get it wrong. People go out and they’re collecting the data, and they don’t realize they’re cooking the books.”

What’s this “confirmation bias” that Lovello is talking about?

No surprise, people tend to seek out information that supports their existing beliefs.

You know, liberals watch MSNBC, read the NY Times listen to BBC podcasts; conservatives watch FOX, read the WSJ and listen to Rush.

Behavioral psychologists call the he dynamic “confirmation bias”.

 

clip_image002

=====

In socio-politics, the confirmation bias tends to harden polarized positions. People just gather debate fodder rather than probing both sides of issues.

In the realm of decision making, confirmation bias has a dysfunctional effect: it leads to bad decisions.

(more…)

Decision Making: Beware the villains …

October 8, 2015

According to Chip & Dan Heath in Rotman Management article “The 4 Villains of Decision Making” …

“Research in Psychology over the last 40 years has identified a broad set of biases in our thinking that doom our decision making. If we aspire to make better choices, we must learn how these biases work and how to fight them.”

 

Confused man

 

According to the Heath Brothers – academics & popular authors – there are 4 decision making villains that have to be confronted

(more…)

Decision Making: Beware the villains …

July 3, 2015

According to Chip & Dan Heath in Rotman Management article “The 4 Villains of Decision Making” …

“Research in Psychology over the last 40 years has identified a broad set of biases in our thinking that doom our decision making. If we aspire to make better choices, we must learn how these biases work and how to fight them.”

 

Confused man

 

According to the Heath Brothers – academics & popular authors – there are 4 decision making villains that have to be confronted

(more…)

“The single biggest problem in business …”

April 21, 2015

Dan Lovallo, a professor and decision-making researcher says, “Confirmation bias is probably the single biggest problem in business, because even the most sophisticated people get it wrong. People go out and they’re collecting the data, and they don’t realize they’re cooking the books.”

What’s this “confirmation bias” that Lovello is talking about?

No surprise, people tend to seek out information that supports their existing beliefs.

You know, liberals watch MSNBC, read the NY Times listen to BBC podcasts; conservatives watch FOX, read the WSJ and listen to Rush.

Behavioral psychologists call the he dynamic “confirmation bias”.

 

clip_image002

=====

In socio-politics, the confirmation bias tends to harden polarized positions. People just gather debate fodder rather than probing both sides of issues.

In the realm of decision making, confirmation bias has a dysfunctional effect: it leads to bad decisions.

(more…)

What the hell is a “devil’s advocate”?

November 24, 2014

This came in this week in class … subject was “confirmation bias” … how people naturally lock onto beliefs and only seek or notice that aligns with their going-in position.

One of the antidotes is enlisting a so-called devil’s advocate” to keep things honest.

A what?

You know, we’ve all been there …

You’re in meetings pitching an idea when some jabrone pipes in:

“Let me play the role of devil’s advocate …”

He then blasts your idea with half-baked criticisms.

As you aggressively defend your cherished idea, he backs off:

“Hey man, I’m just playing devil’s advocate”.

“Say, what? You mean your  just made up those cheap shots?”

 

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I’ve been reading books on decision making this summer.

A couple have praised the use of so-called devil’s advocates to validate ideas and arguments.

Here’s what they’re talking about …

(more…)

“The single biggest problem in business …”

August 15, 2014

Dan Lovallo, a professor and decision-making researcher says, “Confirmation bias is probably the single biggest problem in business, because even the most sophisticated people get it wrong. People go out and they’re collecting the data, and they don’t realize they’re cooking the books.”

What’s this “confirmation bias” that Lovello is talking about?

No surprise, people tend to seek out information that supports their existing beliefs.

You know, liberals watch MSNBC, read the NY Times listen to BBC podcasts; conservatives watch FOX, read the WSJ and listen to Rush.

Behavioral psychologists call the he dynamic “confirmation bias”.

 

clip_image002

=====

In socio-politics, the confirmation bias tends to harden polarized positions. People just gather debate fodder rather than probing both sides of issues.

In the realm of decision making, confirmation bias has a dysfunctional effect: it leads to bad decisions.

(more…)

Don’t be so paranoid, assume a “positive intent” …

August 8, 2014

I know that Andy Grove of Intel says “only the paranoid survive”.

But, work relationships are sometimes corrupted by negative assumptions that take on a life all their own.

A jabrone speaks out against your idea in a meeting, and you naturally assume that he’s trying to sabotage your or embarrass you in front of the boss.

If this situation happens a couple of times, you might declare war and go on the offensive to neutralize or defeat him.

 

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To interrupt this cycle, some organizational leaders urge their employees to “assume positive intent,”

(more…)

What the hell is a “devil’s advocate”?

August 5, 2014

We’ve all been there …

We’re in meetings pitching an idea when some jabrone pipes in:

“Let me play the role of devil’s advocate …”

He then blasts your idea with half-baked criticisms.

As you aggressively defend your cherished idea, he backs off:

“Hey man, I’m just playing devil’s advocate”.

“Say, what? You mean your  just made up those cheap shots?”

 

clip_image002

 

I’ve been reading books on decision making this summer.

A couple have praised the use of so-called devil’s advocates to validate ideas and arguments.

Here’s what they’re talking about …

(more…)

Decision Making: Beware the villains …

July 21, 2014

According to Chip & Dan Heath in Rotman Management article “The 4 Villains of Decision Making” …

“Research in Psychology over the last 40 years has identified a broad set of biases in our thinking that doom our decision making. If we aspire to make better choices, we must learn how these biases work and how to fight them.”

 

Confused man

 

According to the Heath Brothers – academics & popular authors – there are 4 decision making villains that have to be confronted

(more…)