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Intuitive Decision-Making Based on Expertise May Deliver Better Results Than Analytical Approach

Intuitive Decision-Making Based on Expertise May Deliver Better Results Than Analytical Approach | Intuition | Scoop.it
Intuition may be just as effective in decision-making as an analytical approach — and sometimes more efficient and effective, depending on the decision-maker's level of expertise on the subject at had, according to a new report in the Journal of Organizational Behavior and Human Decision Processes by researchers from Boston College, George Mason University and Rice University.

“It turns out intuition isn’t always bad and there are conditions where it is a good way to make the right decision,” said co-author Michael Pratt, the O’Connor Family Professor of Management and Organization at Boston College’s Carroll School of Management. “What we found demystifies a lot of the information out there that says intuition isn’t as effective as if you sat down and walked through an analytical approach.”

Testing intuition against analysis, Pratt and co-authors Erik Dane, of Rice University and Kevin W. Rockmann, of George Mason, found that people can trust their gut and rely on intuition when making a broad evaluation – one that doesn’t include a subset of additional decisions – in an area where they have in-depth knowledge of the subject, also referred to as domain expertise.
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Professionelle Intuition im Management | Lernen Sie Ihre Intuition zu lesen <a href="http://www.mentale-intuition.de" rel="nofollow">http://www.mentale-intuition.de</a>
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Mentale Intuition - Wie Sie Ihre Intuition lesen lernen - Informationen zum Thema Intuition

Mentale Intuition - Wie Sie Ihre Intuition lesen lernen - Informationen zum Thema Intuition | Intuition | Scoop.it
Die MENTALE INTUITION ist eine der effektivsten erlernbaren Methoden um zu besseren Entscheidungen zu gelangen, nachhaltige Ideen zu entwickeln und die zunehmende Komplexität unseres Arbeitsalltages zu meistern.
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4 Simple Methods for Quicker Decision-Making for Procrastinators and the Indecisive

4 Simple Methods for Quicker Decision-Making for Procrastinators and the Indecisive | Intuition | Scoop.it

Life is full of choice, and whilst it is understandable that we fret over life’s major pathways—Should I go to university? Should I change career sector this late on? When should we start a family?—we are also now fretting over the smaller things in life. Why? Well, simply because we have so many options available to us. The humble weekly grocery shop has turned into an epic adventure, with dozens of brands on offer for every item. On average, we make thousands of decisions a day. When options are overwhelming though, you can’t help but feel pressured into making the right choice. No wonder then that deciding what to wear today, whether to have another biscuit, or what to cook for the family occasion is bringing us out in a cold sweat! If this relates to you, then it is time to regain control and start making snappier decisions.......

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Instinct Can Beat Analytical Thinking

Instinct Can Beat Analytical Thinking | Intuition | Scoop.it
A Q&A with psychologist Gerd Gigerenzer.

Researchers have confronted us in recent years with example after example of how we humans get things wrong when it comes to making decisions. We misunderstand probability, we’re myopic, wepay attention to the wrong things, and we just generally mess up. This popular triumph of the “heuristics and biases” literature pioneered by psychologists Daniel Kahneman and Amos Tverskyhas made us aware of flaws that economics long glossed over, and led to interesting innovations inretirement planning and government policy. It is not, however, the only lens through which to view decision-making. Psychologist Gerd Gigerenzer has spent his career focusing on the ways in which we get things right, or could at least learn to. In Gigerenzer’s view, using heuristics, rules of thumb, and other shortcuts often leads to better decisions than the models of “rational” decision-making developed by mathematicians and statisticians. At times this belief has led the managing director of the Max Planck Institute for Human Development in Berlin into pretty fierce debates with his intellectual opponents. It has also led to a growing body of fascinating research, and a growing library of books for lay readers, the latest of which, Risk Savvy: How to Make Good Decisions, is just out. During a visit to HBR’s New York office, Gigerenzer discussed his work for an Ideacast podcast, which you can listen to here .......


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Intuition vs. Vernunft: Warum das Denken in einer fremden Sprache zu rationaleren Entscheidungen verhelfen kann

Intuition vs. Vernunft: Warum das Denken in einer fremden Sprache zu rationaleren Entscheidungen verhelfen kann | Intuition | Scoop.it

Die Wissenschaft konstruiert manchmal experimentelle Situationen, in die man im richtigen Leben hoffentlich niemals gerät, Entscheidungen, die man besser nicht treffen möchte. Doch gerade die grausamsten Zwickmühlen sind für die Moralpsychologie besonders interessant. Man stelle sich vor, auf einer Brücke zu stehen und und sieht auf dem Gleis unter der Brücke einen Zug herannahen. Fünf Menschen befinden sich auf den Gleisen und scheinen des sicheren Todes – ausser, man schleudert den beleibten Mann, der neben einem auf er Brück steht, vor den Zug – dann könnten die anderen gerettet werden. Aus utilitaristischer Sicht ist ein Opfer besser als fünf. Aber jemanden vorsätzlich dafür in den Tod schicken? Dagegen stemmt sich das moralische Empfinden. Eine Untersuchung von Psychologen der Universität Pompeu Fabra in Barcelona prüfte, ob die Entscheidung in diesem als Trolley-Dilemma bekannten Settings für die eine oder andere Grausamkeit davon beeinflusst wird, wenn das Szenario in einer Fremdsprache beschrieben wird.......

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10 überraschende Fakten über unsere Entscheidungen

10 überraschende Fakten über unsere Entscheidungen | Intuition | Scoop.it


Rund 20.000 Entscheidungen treffen wir täglich. Die meisten davon blitzschnell. Das fängt mit dem Aufstehen an: Kaum piept der Wecker, landet der Zeigefinger auf der Snooze-Taste – Sie entscheiden: noch fünf Minuten Dämmerschlaf! Doch das bedeutet weniger Zeit fürs Frühstück – also verzichten Sie auf eine zweite Tasse Kaffee. Die nächste Entscheidung. Und so weiter. Gerade im Job geraten wir zigfach in Situationen, in denen wir blitzschnell entscheiden müssen, ohne es wirklich zu wollen. Und wir stehen dort mit einer Wahrscheinlichkeit von etwa 60 Prozent unter Zeitdruck…

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Das Hirn lernt nachts

Das Hirn lernt nachts | Intuition | Scoop.it

Mit der Zeitumstellung naht für so manchen auch ein Schlafproblem, zumindest kurzfristig. Doch genügend Schlaf ist nicht nur für die Gesundheit, sondern auch für Lernprozesse immens wichtig. Neue Studien zeigen, dass dabei sowohl die Traumphasen als auch der Tiefschlaf eine Rolle spielen.


Vor einer schwierigen Prüfung noch bis in die Puppen lernen? Das dürfte genau die falsche Strategie sein. Denn ausreichender und guter Schlaf ist wichtig, um Gelerntes zu festigen, soviel steht fest. Wie das jedoch im Detail passiert, ob der Traum-oder Tiefschlaf dafür den Ausschlag gibt, ist auch für Experten noch ein Rätsel. Denn das Gehirn bei Nacht ist wesentlich weniger durchleuchtet als das bei Tag. "Aber es arbeitet nachts mindestens ebenso kompliziert, wahrscheinlich sogar noch komplizierter", sagt Dieter Kunz, Chefarzt der Klinik für Schlafmedizin am St. Hedwig-Krankenhaus in Berlin........

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Intuition: Typisch weiblich, typisch männlich? | Max-Planck-Gesellschaft

Intuition: Typisch weiblich, typisch männlich? | Max-Planck-Gesellschaft | Intuition | Scoop.it
Die Intuition gilt traditionell als weiblich und wird der männlichen Vernunft gegenübergestellt. Doch existieren diese Stereotype nach wie vor? Glauben die Deutschen immer noch, dass Frauen bessere Intuition in Bezug auf Menschen haben als Männer? Diesen Fragen gingen Wissenschaftler um Gerd Gigerenzer am Max-Planck-Institut für Bildungsforschung nach. Wer hat die bessere Intuition – Frauen, Männer, oder gibt es keinen Unterschied? Diese Frage stellte eine Forschergruppe aus Berlin insgesamt 1.016 deutschen Frauen und Männern. Dabei ging es sowohl um das Privat- als auch das Berufsleben. Die Ergebnisse sind überraschend: Wenn es um die Wahl des richtigen Lebenspartners geht, ist die Mehrzahl der Frauen überzeugt, dass sie die bessere Intuition haben. Und die deutschen Männer stimmen ihnen zu. Lediglich 14 Prozent der Männer vertrauen ihrer eigenen Intuition bei der Partnersuche. Das gleiche Bild zeigt sich bei anderen persönlichen Fragen......
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How Do Healthcare Providers Use Intuition? | Taking Charge of Your Health & Wellbeing

How Do Healthcare Providers Use Intuition? | Taking Charge of Your Health & Wellbeing | Intuition | Scoop.it

Psychiatrist Richard Friedman surprised himself one day during a routine appointment with a patient experiencing anxiety about a financial problem. Bothered by something in his patient Mark's appearance, Dr. Friedman "did something out of pure intuition that I didn't fully understand at the moment. I called his internist while he was in my office and sent him for an appointment a few hours later." Dr. Friedman was puzzled by his own gut reaction. He routinely encountered people suffering from anxiety and his patient had no previous history of medical illness. He was also worried about what his internist colleague would think—would he laugh? As it turned out Mark's internist did not have reason to laugh. Mark was not just suffering from anxiety, but health complications in his lung. Care began immediately and Mark's condition improved. How many healthcare professionals have similar experiences? If they do, how many are willing to admit it? And how would you have felt if you had been Mark? Would you have wanted to make a separate trip to an internist just based on Dr. Friedman's intuition? ....

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How to develop your intuition + tap into your inner wisdom


Fact: We already know. The question is: do we have the courage to trust ourselves and follow our own wisdom? Here are a few exercises and questions to help you tap into your inner wisdom and develop your intuition!

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Intuition in Problem Solving: A Compass

Intuition in Problem Solving: A Compass | Intuition | Scoop.it

Someone once said to me that you can’t find your way if you don’t know where you are. I countered that that would mean a compass would be useless to you. That’s not true. Unfortunately, when people talk about intuition in problem solving, then tend to think it should be as specific as cognition is. If it were, it wouldn’t be intuition. Intuition plays more of an introductory role in our thinking and behavioral processes. In this sense, our intuition acts as a compass. When we’re lost we have any number of directions to explore. A compass helps to narrow our selection. Intuition does the same in problem solving.....

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Does intuition equal emotional intelligence?

Does intuition equal emotional intelligence? | Intuition | Scoop.it

There was an interesting article by Sarina Russo in the Weekend Australian (25/1/14) Extra sense that gives women an edge where she argues that emotional intelligence is equal to intuition. Sarina defines emotional intelligence as the capacity to recognise an opportunity and act on your gut feeling, even when you're inundated with facts, figures and adverse advice. She also argues that while men possess emotional intelligence, women use it much more effectively. I have frequently heard speakers argue, like Sarina, that the secret of emotional intelligence is to go with the flow. I disagree. Indeed, I believe the opposite holds true. Salovey and Mayer, who coined the term emotional intelligence, defined it as the ability to perceive, control, and evaluate emotions. Similarly, Daniel Goleman, in his widely accepted 4 step model of EQ, defines the second step as self-regulation or being able to control your emotions. The example he uses in his book, Emotional Intelligence, is the famous marshmallow study by Walter Mishel. It is the 10% of children who can delay self-gratification and not eat the marshmallow in front of them that subsequently succeed in life.......

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The Role of Intuition in a World of Big Data

The Role of Intuition in a World of Big Data | Intuition | Scoop.it

In the fairly recent past, I worked as a part of the leadership team at a company that was built and run almost entirely on the intuition and instincts of a small group of founders. There was plenty of raw data and a good deal of relevant information around too, but when it came to the critical decisions around strategy, key customer relationships and managing enterprise risk, the information generally took second place to the senior leadership’s gut feelings. Given that this approach had built a highly profitable, $4 billion-revenue public company from scratch in less than a decade, it was hard to argue with — at least for as long as the founders were around and active. However, as the business grew it was clearly going to be harder, and eventually impossible, for every key decision to be vetted by the core set of “intuitions” that had driven success. It was also going to be increasingly difficult to keep regulators and the market (in the form of financial and industry analysts) happy that the business was being run on a sound footing. Even some of the large customers began to question why we were using  incomplete or out-of-date information to manage customer relationships. We never seemed to know as much about them as they expected us to.....

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Essen mit Herz - „Intuitives Essen“ geht mit einer guten Wahrnehmung und Beachtung der eigenen Körpersignale einher

Essen mit Herz - „Intuitives Essen“ geht mit einer guten Wahrnehmung und Beachtung der eigenen Körpersignale einher | Intuition | Scoop.it

Die Weihnachtsfeiertage sind vorbei und das neue Jahr hat begonnen. Tina hat nach der Festtagsschlemmerei und dem Silvesterfondue ein schlechtes Gewissen wegen ihrer zugenommenen Kilos. Ihrer Cousine geht es hingegen nicht so. Diese erzählt freudig: „Ich höre eben auf mein Bauchgefühl beim Essen“. Tina ist frustriert – ihr „Bauchgefühl“ wurde wohl von der schönen Atmosphäre und dem Anreiz des besonderen Essens überrollt. Tatsächlich unterscheiden sich Menschen darin, inwiefern sie beim Essen auf ihren Körper hören. Das Ausrichten des Essverhaltens nach inneren Hunger- und Sättigungssignalen wird in der Forschung als „intuitives Essen“ bezeichnet und in der Regel mit einem Fragebogen erfasst. Hierbei gibt man beispielsweise an, ob  man zu essen aufhört, wenn man sich voll fühlt, ob man aus Langeweile oder bei Stress isst (was negativ wäre) oder ob man auf seinen Körper beim Essen vertraut. Erste Studien zeigen, dass intuitives Essen mit einem gesunden Verhältnis zwischen Körpergewicht und Körpergröße (Body-Mass-Index, BMI) sowie mit persönlichem Wohlbefinden einhergeht. Sich nicht von seinen Launen, sondern dem richtigen Bauchgefühl leiten zu lassen,  hat also offenbar Vorteile.......

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Neurowissenschaftler: Ohne Emotionen geht es nicht

Der Hirnforscher Antonio Damasio hat sich im Interview mit Technology Review über Gefühle als biologischen Forschungsgegenstand geäußert. Der Mensch unterschätze Gefühle noch immer. Antonio Damaso, renommierter Professor für Hirnforschung an der University of Southern California, hat im Interview mit Technology Review über aktuelle Erkenntnisse in den Neurowissenschaften der letzten Jahre gesprochen. Die Wichtigste: Jahrzehntelang hatten Biologen Emotionen und Gefühle als uninteressant abgetan. Damaso zeigte, dass sie jedoch für lebenserhaltende Prozesse fast aller Lebewesen von zentraler Bedeutung sind. "Das Besondere an uns Menschen ist, dass wir grundlegende Prozesse zur Regulierung des Lebens nutzen, darunter eben auch Emotionen und Gefühle. Aber wir verbinden sie mit geistigen Prozessen in einer Art, dass wir eine neue Welt um uns herum schaffen", so der Forscher......

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Decision Design: Wie wir besser Entscheiden lernen

Decision Design: Wie wir besser Entscheiden lernen | Intuition | Scoop.it

Die Verdatung unserer Lebens ermöglicht der Medizin immer präzisere Prognosen. Aber führt das auch zu bessere Entscheidungen für unsere Gesundheit? Nur wenn wir unsere Entscheidungsverfahren auf den neuesten Stand bringen.


Via Philippe Vallat
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Der Bauch redet mit

Der Bauch redet mit | Intuition | Scoop.it
Mein Bauchgefühl sagt mir… Wenn es um spontane Entscheidungen geht, hören viele auf ihren Bauch – ein unbestimmtes Gefühl, das sich nicht an einem Gedanken festmachen lässt. Ein Versuch mit Ratten belegt jetzt, dass dieses Bauchgefühl nicht nur real ist. Es hat auch mehr Einfluss auf unser Gehirn, als man vielleicht glaubt. Denn erst die Signale aus dem Bauch sorgen dafür, dass wir in einer bedrohlichen Situation unserem Instinkt folgen. Umgekehrt helfen sie uns dabei, erlernte Ängste auch wieder zu verlieren. Diese Erkenntnis könnte auch Menschen mit posttraumatischem Stress helfen.. Artikel aus dem Bereich Hirnforschung

Via Sascha Reimann
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Decisions Don't Start with Data

Decisions Don't Start with Data | Intuition | Scoop.it

I recently worked with an executive keen to persuade his colleagues that their company should drop a long-time vendor in favor of a new one. He knew that members of the executive team opposed the idea (in part because of their well-established relationships with the vendor) but he didn’t want to confront them directly, so he put together a PowerPoint presentation full of stats and charts showing the cost savings that might be achieved by the change. He hoped the data would speak for itself. But it didn’t. The team stopped listening about a third of the way through the presentation. Why? It was good data. The executive was right. But, even in business meetings, numbers don’t ever speak for themselves......

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10 Things Highly Intuitive People Do Differently

10 Things Highly Intuitive People Do Differently | Intuition | Scoop.it

Intuition is challenging to define, despite the huge role it plays in our everyday lives. Steve Jobs called it, for instance, "more powerful than intellect." But however we put it into words, we all, well, intuitively know just what it is. Pretty much everyone has experienced a gut feeling -- that unconscious reasoning that propels us to do something without telling us why or how. But the nature of intuition has long eluded us, and has inspired centuries' worth of research and inquiry in the fields of philosophy and psychology. "I define intuition as the subtle knowing without ever having any idea why you know it," Sophy Burnham, bestselling author of The Art of Intuition, tells The Huffington Post. "It's different from thinking, it's different from logic or analysis ... It's a knowing without knowing."

Our intuition is always there, whether we're aware of it or not. As HuffPost President and Editor-in-Chief Arianna Huffington puts it in her book Thrive:

Even when we're not at a fork in the road, wondering what to do and trying to hear that inner voice, our intuition is always there, always reading the situation, always trying to steer us the right way. But can we hear it? Are we paying attention? Are we living a life that keeps the pathway to our intuition unblocked? Feeding and nurturing our intuition, and living a life in which we can make use of its wisdom, is one key way to thrive, at work and in life.......


Via Philippe Vallat
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Philippe Vallat's curator insight, April 23, 4:55 AM

How many of these 10 things do you personally do?

Eli Levine's curator insight, April 23, 3:33 PM

A very interesting piece.  I can't explain to you how it works.  But I do know that it is what guides me along the way and that there's nothing worse than when one's intuition is checked negatively by reality.

 

Personally, I think it has something to do with those microtubules they're discovering in our brain cells.  It's a deeper connection with the reality of life, the universe and everything that most of us can have.  And it, arguably, is what will save our universe more than anything that we can contrive or create out from the nothingness of our own brain's endless ability to hallucinate or produce.

 

Think about it.

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Ariely, Dan. Denken hilft zwar, nützt aber nichts

Ariely, Dan. Denken hilft zwar, nützt aber nichts | Intuition | Scoop.it

Dan Ariely ist Professor für Psychologie und Verhaltensökonomie an der Duke University in North Carolina. Dies ist sein erstes Buch, das im Original im Jahr 2008 in den USA unter dem Titel „Predictibly Irrational“ erschienen ist. Auch wenn der deutsche Titel auf den ersten Blick gut gewählt erscheint, ist er meiner Meinung nach keine gelungene Übersetzung. Auch der Untertitel „Warum wir immer wieder unvernünftige Entscheidungen treffen“ trifft es nicht ganz. Es geht in Arielys Buch um alltägliche irrationale Verhaltensweisen und Entscheidungen, die von außen betrachtet nicht logisch erscheinen, aber in der Natur des Menschen liegen......

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How do we really make decisions?

How do we really make decisions? | Intuition | Scoop.it

With every decision you take, every judgement you make, there is a battle in your mind - a battle between intuition and logic. And the intuitive part of your mind is a lot more powerful than you may think. Most of us like to think that we are capable of making rational decisions. We may at times rely on our gut instinct, but if necessary we can call on our powers of reason to arrive at a logical decision. We like to think that our beliefs, judgements and opinions are based on solid reasoning. But we may have to think again. Prof Daniel Kahneman, from Princeton University, started a revolution in our understanding of the human mind. It's a revolution that led to him winning a Nobel Prize. His insight into the way our minds work springs from the mistakes that we make. Not random mistakes, but systematic errors that we all make, all the time, without realising. Prof Kahneman and his late colleague Amos Tversky, who worked at the Hebrew University of Jerusalem and Stanford University, realised that we actually have two systems of thinking. There's the deliberate, logical part of your mind that is capable of analysing a problem and coming up with a rational answer......

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Innovation - You’re Doing It Wrong: How To Put Intuition And Ideas Before Tests And Analyses

Innovation - You’re Doing It Wrong: How To Put Intuition And Ideas Before Tests And Analyses | Intuition | Scoop.it

Douglas Van Praet describes how the unconscious and the emotional drive people, and how they, not tests, should drive the business of bringing ideas to life. He offers four ways to reframe the innovation process. There’s a costly misconception hindering innovation. Marketing models hold that strategic reasoning must always precede and inform emotional execution. Before we decide to try an idea, we must first prove its worth by conscious knowledge untainted by feeling. But neuroscience suggests this is not only wrong, it’s backwards. If “knowledge is power” we must understand cognition or the “process of knowing.” Cognitive science tells us that discoveries and decisions are made largely unconsciously. And feelings not reasoning come first. Emotions precede and inform rational understanding.....

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How Intuition Influences our Thought Process

How Intuition Influences our Thought Process | Intuition | Scoop.it


As we saw with an earlier post, intuition arrives first when we make decisions. But, how does this happen? How does intuition become involved in our response to an event? Consider for a moment a restaurant’s ambiance. Objectively, it has nothing to do with the food; however, if it’s unclean, disorderly and ugly we will tend to feel there is also something wrong with the food. Why do children ask their moms and dads, “Are you in a good mood?” They know their parents’ emotional state will affect their decision-making......

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Intuition and Decisions

Intuition and Decisions | Intuition | Scoop.it

Workplaces are shifting from task-oriented environments to requiring more complex problem-solving. The way that business leaders made decisions in the past is no longer a guide to making future decisions; adopting a multifaceted approach that goes beyond traditional reasoning alone is fast becoming a crucial business practice. Such complexity allows for creativity and a focus on the role of human intuition in the workplace. No doubt, data analysis and past results remain crucial to drive business decisions. Yet following gut instinct — even with all of its inherent risks — has pushed many an organization to success. Microsoft Corp. founder Bill Gates was quoted as saying that one often has to rely on intuition. Albert Einstein also was a believer: “The only real valuable thing is intuition,” he once said......

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Miklos Szilagyi's curator insight, February 13, 10:07 AM
If you want, forget who said it, pay attention what he said to: As former U.S. Secretary of State Colin Powell noted in his book “My American Journey,” “Dig up all the information you can, then go with your instincts. We all have a certain intuition, and the older we get, the more we trust it. … I use my intellect to inform my instinct. Then I use my instinct to test all this data.” I like this one: "I use my intellect to inform my instinct..."
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Intuition: Warum zu viel Denken Ihrer Karriere schadet

Intuition: Warum zu viel Denken Ihrer Karriere schadet | Intuition | Scoop.it


Sie verfügen über eine gute Auffassungsgabe, können Zusammenhänge schnell erkennen, konzeptionell und strategisch arbeiten? Wunderbar, diese Fähigkeiten sind in den meisten anspruchsvollen Jobs absolut notwendig und leisten Ihnen dort wahrscheinlich hervorragende Dienste. Für Ihre Karriere sind diese Eigenschaften jedoch nicht unbedingt gut. Sie können Ihnen im Gegenteil sogar schaden und so manche Chance verbauen. Was im ersten Augenblick paradox klingt, kann in der Praxis ein echtes Problem sein. Strategisches Denken und die Fähigkeit, Probleme umfassend zu analysieren, sind zwar für die konkrete Arbeit von Vorteil. Sie verleiten jedoch auch dazu, sich zu viele Gedanken über die eigene Karriere und Zukunftsaussichten zu machen. Vor allem bei möglichen Veränderungen und anstehenden Entscheidungen kann Ihnen Ihre sonst so wichtige Denkweise in die Quere kommen. Hier fahren Sie mit Intuition oft besser. .....

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Intuition Is Data

Intuition Is Data | Intuition | Scoop.it
Every creative and entrepreneurial venture starts with an idea. If you’re honest, the idea is almost always more of a question. Or many questions.

 

In order to take action, you’ve got to make guesses about the answers. We call those assumptions. Some of your assumptions will be spot on, others will be wildly off. The most important thing you can do in the early days is not try to succeed as fast as possible, but try to answer the most important questions as fast as possible. To replace assumptions with data. The faster you can make that transition and start to build around data over delusion, the better off you’ll be. And the more likely your success becomes. But here’s the funny thing about data. Some of it is hard, meaning it’s quantifiable. You can plug it into a spreadsheet. But some of it is soft, really soft. No way to plug stomach spins or intuitive hits into Excel. And because we like to be able to point to “why” we make decisions, especially decisions we might be judged for making down the road, we often ignore those soft data points. Because they don’t provide good cover. Don’t. Do. This. Two reasons. One. Hard-data lies. It’s always old, incomplete or fake. The reason the S.E.C requires every statement about a company’s future to include some variation of “past performance does not imply future results” is because it’s true. It doesn’t. People change, times change, circumstances change. The container of variables that made past outcomes possible will never be the same.......

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Intuition is becoming more valuable to succeed

"Often you have to rely on intuition." — Bill Gates


We are all programmed to succeed. All of us have a special power within us called our intuition. It is an alternative source of knowledge, level of awareness, or as some refer to it, an inner voice. We all possess this power to varying degrees, as well as the capacity to develop it further. Intuition can be defined as a quick and ready insight. This insight can guide us, warn us of danger, and/or connect us to our creativity. The most successful people are often very intuitive. Consciously or unconsciously, they follow their gut feelings, which put them in the flow (a very alive, productive, and desirable state). Many have achieved remarkable success in the fields of science, business and entrepreneurship, often amassing great fortune and fame due to their abilities to make important decisions by following "hunches," or intuitive "gut feelings."  Great thinkers, like Albert Einstein, have emphasized the importance of intuition and its impact on their personal and professional lives. They defined it as "a superior knowledge," and as being an essential and indispensable tool for achieving success.........

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