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Mediocre Me
Mediocre Me - How Saying No to the Status Quo Will Propel You from Ordinary to Extraordinary! (A Book by John Michel - Copyright 2013)
Curated by John Michel
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Why Leaders' Thinking Is Often Wrong

Why Leaders' Thinking Is Often Wrong | Mediocre Me | Scoop.it

Research conducted by Gallup and many eminent scientists, including Nobel Prize winner and Princeton Senior Scholar Daniel Kahneman, shows that evolution has predisposed people to think quickly but not deeply. That sort of reaction is fine when your problem is evading immediate bodily harm, but it's a bad basis from which to run a company -- and leaders may not even realize they're doing it.


Via Thomas Gelmi, Jose Luis Yañez, Philippe Vallat, David Hain
John Michel's insight:

We like to think the decisions we make are good ones, based on solid reasoning. And when you're in charge of a function or selecting leaders for a company, you need to believe that. Second-guessing every judgment can lead to paralysis. And in a state like that, nothing gets done. Yet research into decision making shows that everyone is prey to serious cognitive flaws.

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Philippe Vallat's comment, July 4, 2013 2:37 AM
I disagree with following statement: "Gut instinct doesn't work either". If system 1 according to Kahneman is meant, it's ok. But there are experts intuition (needs to be trained in a specific context) and intuition itself defined as "direct perception of truth, fact, etc., independent of any reasoning process". Intuition DOES work, very effectively when coupled with sane reasoning.
Philippe Vallat's curator insight, July 4, 2013 2:39 AM

I disagree with following statement: "Gut instinct doesn't work either". If system 1 according to Kahneman is meant, it's ok. But there are experts intuition (needs to be trained in a specific context) and intuition itself defined as "direct perception of truth, fact, etc., independent of any reasoning process". Intuition DOES work, very effectively when coupled with sane reasoning.

David Hain's curator insight, July 4, 2013 3:02 AM

Kahneman's book, Thinking Fast and Slow, is amazing - and very persuasive.  Must read if the content here is of interest.

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The Confirmation Bias: Why It’s Hard to Change Your Mind

The Confirmation Bias: Why It’s Hard to Change Your Mind | Mediocre Me | Scoop.it
People search for information that confirms their view of the world and ignore what doesn’t fit.

Via Philippe Vallat, Les Howard, Wise Leader™
John Michel's insight:

Trying to be just a little bit more open is part of the challenge that the confirmation bias sets us. Can we entertain those doubts for just a little longer? Can we even let the facts sway us and perform that most fantastical of feats: changing our minds?

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