Best of the Blog: Decision Making Traps
In reviewing the most recent Google Analytics info on this blog, I've been struck by the response to our posts on HBR's classic article on decision-making traps, which appeared some time ago. Based on the popular demand, I have posted below the links to each of the entries.
Part I: The Anchoring Trap
Part II: The Status Quo Trap
Part III: The Sunk Cost Trap (my personal favorite)
Part IV: The Confirming Evidence Trap
Part V: The Framing Trap
Part VI: The Estimating and Forecasting Trap
We're glad so many enjoyed these posts.
Part I: The Anchoring Trap
Part II: The Status Quo Trap
Part III: The Sunk Cost Trap (my personal favorite)
Part IV: The Confirming Evidence Trap
Part V: The Framing Trap
Part VI: The Estimating and Forecasting Trap
We're glad so many enjoyed these posts.
Labels: decision optimization, decision traps, Decision-Centric Business Improvement, decisions
