How to Make Better Decisions, According to Science

How to Make Better Decisions, According to Sc...

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The Science of Knowing When to Walk Away

Every entrepreneur has been told to push through, stay the course, and that grit is everything. But advice like that leaves out that some of the smartest, most successful people in business got there by quitting at exactly the right moment. So how do you know when that moment is? ...  Show more

Kevin Smith Makes Movies. But Something Else Made Him Famous.

Kevin Smith went from making art to being the art and learned the hard way that when you become the product, there's no off switch. In this episode, Smith breaks down how he's stayed relevant for 30 years by treating fans like the bosses they actually are. Plus: Jason shares how ...  Show more

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How to Make Better Decisions, According to Science
Entrepreneur Network Podcast

Entrepreneurs make a mistake: They often think of decisions as binary, where one answer is definitely right and the other is definitely wrong. Astrophysicist Saul Perlmutter says there's a better way to approach decisions — and it's with "probabilistic thinking," a concept that's ...  Show more

How to Embrace Ambiguity When Making Decisions
HBR On Leadership

Making business decisions often means choosing one path over another—but that doesn’t always need to be the case. Wendy Smith and Marianne Lewis argue that leaders should move beyond “either/or” choices and try to come up with solutions that embrace ambiguity and paradox. In this ...  Show more

The Right Way to Make Data-Driven Decisions
HBR On Strategy

Fueled by the promise of concrete insights, organizations are increasingly prioritizing data in their decision-making processes. But that process can easily go wrong. Many leaders don’t understand that their decisions are only as good as how they interpret the data. In this episo ...  Show more

Gerd Gigerenzer on Decision Making
Social Science Bites

Quite often the ideas of 'risk' and of 'uncertainty' get bandied about interchangeably, but there's a world of difference between them and it matters greatly when that distinction gets lost.

That's a key message from <a href= "https://www.mpib-berlin.mpg.de/staff/gerd-g ...

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