In making decisions, you may be at the mercy of your mind’s strange workings. Here’s how to catch thinking traps before they become judgment disasters. by John S. Hammond, Ralph L. Keeney and Howard ...
The Bay of Pigs invasion was doomed before the first shot was fired, not because of firepower but because no one in the room was willing to challenge John F. Kennedy. Later Kennedy would admit that ...
Defaulting to the best of two options is a binary trap. Improve business outcomes by substituting either/or thinking with “multiple-choice thinking.” Most business decisions are presented as either/or ...
Peter Goldstein is the CEO of Exchange Listing, an advisory firm that counsels high-growth companies to list on senior stock exchanges. Entrepreneurship requires constant decision making. Every choice ...
Opinions expressed by Entrepreneur contributors are their own. In the first article, we looked at how Inspector Kevin Cyr makes tough decisions under pressure. As the leader of a SWAT team, he’s ...
We've all Googled a question and taken the top link as fact, without digging any more into the credibility of the source. Relying too heavily on the search engine, though, can feed a common mental ...
Sound financial decisions go beyond number-crunching—they require strategic thinking. From investments and risk management to corporate strategy and personal budgeting, finance depends on the ability ...
InnoGames product manager Anna Sieprawska says developers should listen to their players, but try to understand what they are really asking for. Be careful when making decisions based on data and be ...
“Two roads diverged in a yellow wood, And sorry I could not travel both,” poet Robert Frost wrote. There you have it. There are some hidden traps in decision-making. The guru for this kind of ...