Lazy Horses
  • You and Your Team
    • Building Better Teams
    • Interactive Workshops
    • People Retention
    • The Horse and Rider
    • Managing People
    • The Two Brain Approach
  • Brands and Companies
    • Healthier Brands
  • About Us
    • Contact
  • Blog

Making good decisions takes too much effort

29/8/2013

0 Comments

 
Daniel Kahneman, author of the best-seller, Fast and Slow, tells us that we are biologically wired to construct stories out of imperfect evidence. Our job involves making the best story possible out of the data that we choose to regard, whether it is complete or maybe even when it comes from a biased perspective. If the information about a particular criminal fits our stereotype, it reinforces that view. Newspapers that ‘give their readers what they want’ are also sponsors of laziness.

The Nobel prize winning psychologist goes on to explain that we simply prefer not to make an effort and avoid it where we can. "It's not necessarily that we don't like to work, but when there are two ways of doing the same thing - one easy, one hard, we naturally gravitate to the easy way, that's the right answer," he says. "So the bias toward finding the easy way, means that sometimes we pick the easy way and we get to the wrong answer."

He advocates daily decision tracking as a useful tool… if you come to an important decision, map out the inputs and you’ll be surprised how often your decision is based on incomplete data.

0 Comments

    Author

    James Capon is a founding partner of Lazy Horses. He feels he is rational when he needs to be. But he's probably wrong about that.

    Archives

    March 2019
    August 2017
    May 2017
    February 2017
    November 2016
    January 2016
    November 2015
    August 2015
    June 2015
    March 2015
    January 2015
    September 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013

    Categories

    All
    Brain
    Change
    Creativity
    Decision Making
    Decision Making
    Rational Beings
    Rational Beings
    Storytelling
    Team Building

    RSS Feed

Proudly powered by Weebly