Research by academics that were esteemed has uncovered a broad variety of biases that harass decision makers on a regular basis. Thanks to them, we understand that predictable errors lead people to perpetrate sub-optimal actions on a regular basis, accepting the jobs that are wrong and ranging from economy for retirement to participating in gratuitous battle.
Regrettably, we have yet to uncover systematic strategies to help people behave more optimally and overcome these prejudices. The writers get started on this route, focusing on strategies that can result in better decisions, which involve leveraging the human tendency to default to 'Type 1' -- or automatic -- mental processing.
PUBLICATION DATE: January 01, 2010 PRODUCT #: ROT099-PDF-ENG
This is just an excerpt. This case is about STRATEGY about STRATEGY & EXECUTION
Related Case Solutions & Analyses:
Barack Obama: Organizing for America 2.0
Monroe Clock Company (B)
Whirlpools Roadmap in China: 2004
Challenges for the Minuto de Dios (B)
Note on the Venture Capital Industry
Note on Option Pricing
Formation of Regulatory Committee for Decentralization of Lebanon
FERKNOT
Xiameter
Genrays – Implementing The New Hris System
