Decisions are important, which is why most people strive to make good choices. Whether it’s an important life choice or a high-stakes business decision, there are proven methods for making better decisions. It starts by understanding our limitations as decision makers.
The Decision Making Collection takes a close look at the art and science of making good decisions. It explores the common errors made by the decision makers and presents many approaches to avoiding them. The collection consists of three streams:
- Judgment and Intuition — The Fine Line Between Expert Judgment and Cognitive Bias
- Decision Making — The Art and Science of Making Better Decisions
- Disagree Well — The Art of Disagreeing to Unleash Creativity and Improve Performance
Judgment and Intuition — The Fine Line Between Expert Judgment and Cognitive Bias
Decisions shape our lives and our world. People are faced with making a constant stream of decisions to navigate daily life. They often rely on intuition to make decisions rather than conscious deliberation. Intuition works well for experts in situations with predictable outcomes. In unfamiliar situations, intuition can be misleading. The stream Judgment and Intuition looks at what can happen when decision makers rely on their intuition to make decisions. Common sources of errors in judgment such as heuristics and cognitive biases are explored.
Decision Making — The Art and Science of Making Better Decisions
This stream about Decision Making attempts to clarify why many decisions fail to achieve the desired outcome. It proposes practical debiasing techniques for improving decision-making performance. These techniques include ensuring decision readiness, broad framing, diversity, disagreement, changing perspective, testing assumptions, running experiments, etc.
Disagree Well — The Art of Disagreeing to Unleash Creativity and Improve Performance
Disagreement is an essential ingredient in strong decision-making processes. Teams and organizations that foster disagreement perform better and develop more creative solutions to problems. Disagree Well explains how to foster candor and diversity of opinion to enable productive disagreements.