When it comes to decision making ‘Bias’ can be friend or foe
McKinsey’s interview with Richard Thaler on ‘debiasing the corporation’ is a really good one. I’ve spent the best part of two decades trying to help organisations unpack their biases through the use of foresight. I recommend this article to you
Nobel Laureate Richard Thaler offers some great insights as to how to make more effective decisions by tackling your in herent biases – a good read via McKinsey
McKinsey’s interview with Richard Thaler on ‘debiasing the corporation’ is a really good one. I’ve spent the best part of two decades trying to help organisations unpack their biases through the use of foresight. I recommend this article to you Nobel Laureate Richard Thaler offers some great insights as to how to make more…
Read More >As the Ipswich Council has determined that recycling schemes are too expensive and indicates it will end collections, the question is ‘what happens next’? If result of the explosion in Tip fees by Councils around Australia is anything to go by, what happens next will not be good China recently decided to end acting…
Read More >As Nations look to develop their understanding of Productivity and more effective planning, National Productivity Councils are often the first point of call for Governments looking for ideas. The Asia Productivity Organisation has been running since 1961 helping its member countries develop more effective approaches. I’ve just spent a week in Tokyo helping a group…
Read More >Okay I admit that on the first take this idea might sound a little crazy. I reminded myself however of that saying that ‘all great ideas must at first sound crazy to the existing paradigm…’ or some such thing. You might know who said it (please send me an email if you do). So I…
Read More >We all use words that tell us about the results that were achieved and whether our expectations were met, missed or exceeded. Surprised? Disappointed? Delighted? The only way you can experience these emotions and others like them, is to have an expectation in mind. And the ONLY way you can teach your organisation to learn…
Read More >The last couple of months have been hectic to say the least, with a myriad of client engagements across an array of industry sectors. And as you can see from the list below one thing is clear: EVERYONE wants to understand what is shaping their future and how they might be able to influence that…
Read More >Those of you that have been tracking this website for a while will know that towards the end of each year, I nominate the following year’s area of focus. For instance I declared that 2015 would be the International Year of Battery Technology, and as the news stories, product research and renewables push shows, it…
Read More >I’ll be helping to kick off the Local Government Corporate Planners Conference in a couple of weeks, offering some thoughts about emerging issues for Councils and an approach to planning that should alleviate some issues for them. You can find details in this link to the conference program which is being held at Citadines…
Read More >The immediate needs of farming families are obvious. Feed to keep stock alive, someway of holding onto their farms under the stand-over tactics of some banks, and Rain. Donations can fix the immediate short term to an extent but they cannot fix the long term trajectory. That requires difficult conversations and an acceptance of the…
Read More >There are four phases of thinking that every organisation MUST have available to them if they plan to be resilient to challenges, adaptable to changing circumstances and able to sustain themselves over time. The Phases are Strategic; Operational; Execution; and Evolution. If you miss any one of them or underplay an area, sooner or later…
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