When Does Optimism Become Pollyannaism?
In “Before You Make That Big Decision,” which appeared in the June 2011 Harvard Business Review, Daniel Kahneman, Dan Lovallo and Olivier... Read More
Information You Know Is Wrong Still Influences You
Posted on21 Jul 2011
Tagsanchoring, Before You Make That Big Decision, cognition, Dan Lovallo, Daniel Kahneman, decisions, dice, gossip, Harvard Business Review, Influence, information, intuition, judges, Olivier Sibony, pigeonholing, planting a seed, psychology, rationale, subconscious, Talent, Thoughts
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Previously, I listed some unconscious biases we have in decision-making. What I witness is that people just don’t believe that known wrong... Read More
Accounting for Unconscious Biases in Your Decision Making?
Posted on16 Dec 2010
Tagsabilities, unknown, uncertainty, self-interest, optimism, Olivier Sibony, McKinsey & Company, management, leadership, economics, diversity, dissent, decisions, Dan Lovallo, budgets, behavioral economics
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The article, The Case for Behavioral Strategy, (PDF) by Dan Lovallo and Olivier Sibony* from the March 2010 McKinsey Quarterly states: Once... Read More
