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Channel: Decision Making – David M. Shedd – Move Your Company Forward
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Critical Thinking Skills

I just finished listening to a Great Courses series entitled Your Deceptive Mind: A Scientific Guide to Critical Thinking Skills by Professor Steven Novella. This excellent course offers insight and...

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Getting It Done: Achieving Twice as Much in Half the Time

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Negotiation – An Overview

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Decisiveness

“In a minute, there is time for decisions and revisions which a minute will reverse.” This line from the 1915 T.S. Elliot poem, The Love Song of J. Alfred Prufrock, is a lovely bit of poetry.  It is...

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11 Keys to Better Decision-Making

Successful leaders make good decisions… consistently. Good decision-making is dependent on a number of factors: understanding, experience, intelligence, foresight, and just plain luck.  There is no...

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Use the ‘Base Rate’ for Better Decisions

The IT project took twice as long as planned.  The construction project to expand the plant went over budget. Why does this always happen? Too many decisions are made with too much self-confidence and...

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Four Ways to Overcome Confirmation Bias

The biggest decision-making bias for all of us is the confirmation bias. Wikipedia explains it well: Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way...

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Hold Opinions Lightly (While Holding Convictions Tightly)

“When the facts change, I change my mind.  What do you do, sir?” John Maynard Keynes In a leadership position, we need to hold our opinions lightly.  We need to be able to change our opinion or...

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Let’s Be Scientific

As leaders, we are required to constantly evaluate evidence and make decisions.  In doing so, we often succumb to “winging it” and making decisions on the fly, trusting our gut.  While this might work...

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Complexity and Problem Solving

I recently listened to a course titled Understanding Complexity.  A key takeaway from the course is that the tools we use for regular problem solving do not fully work with complex problems.  In...

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