What Consumer Psychology Teaches Us About Problem Solving
Posted on27 Sep 2010
TagsMichael I. Norton, objective, peer pressure, people, price, problem solving, psychology, rationale, rewards, teach, low-cost, change, anticipatory, beverages, brain, business, buying habits, cognition, competitive, consumer, cost-benefit, Dan Ariely, decisions, drugs, emotions, expectations, goal setting, Harvard Business Review, How Concepts Affect Consumption, intuition, keeping up with the Joneses
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We often anticipate and rationalize people’s decisions using a cost-benefit analysis. This perspective frequently leads to erroneous conclusions and restricts problem-solving capabilities.... Read More
Business Profitability Paradox
Posted on02 Sep 2010
Tagsarbitrariness, business, exercise, expenditures, investment, problem solving, profitability, time, training
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Here is a valuable problem-solving question: How can a business maximize its profit every single minute of the day and still go... Read More
Follow Up! People Aren’t Light Switches
Posted on30 Aug 2010
Tagsapproaches, business, change, conscious, employees, enforce, follow up, habits, people, Talent, training, Light Switch-Follow Up Analogy
Comments3
Many times people know things, but their actions are different. Follow up is one of those things. For example, they know people... Read More
Business is Personal and Why There’s No Way Around It
Posted on19 Jul 2010
Tagsapproaches, assumptions, business, decisions, emotions, feelings, intuition, money, personal, Personality, rationale
Comments2
How many times have you heard, “This isn’t personal, it’s business”? A key assumption underlying an intuitive approach is that everything people... Read More
Inherent Conflict Between Talent and Large Organizations
Posted on09 Jul 2010
Tagsaction, business, corporate, employees, freedom, Imperial Grunts, military, organization, Personality, Seven Pillars of Wisdom, size, special forces, T.E. Lawrence (Lawrence of Arabia), Talent, technology, The Atlantic
Comments1
An inherent conflict exists between talent and large organizations. They box it in. I first came across this in the landmark book... Read More
An Intuitive Understanding Of Weaknesses in the Scientific Method
Posted on07 Jun 2010
Tagsbelief, business, emotions, experiment, guarantees, innovation, laboratory, leadership, morale, problem solving, process, product, prove, reality, relationships, scientific
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Weaknesses in the scientific method cause its usefulness to fall far short of people’s belief in it. In other words, hype exceeds... Read More