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Scoop.it!
MIT neuroscientists have discovered making decisions that require weighing pros and cons of two choices is dramatically affected by chronic stress. In a study of rats and mice, they found stressed animals were far likelier to choose high-risk, high-payoff options. They also found that impairments of a specific brain circuit underlie this abnormal decision making.
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The University of Chicago’s Sian Beilock, author of "Choke: What the Secrets of the Brain Reveal about Getting It Right When You Have To," outlines solutions to three kinds of problems often encoun...
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Kasia Hein-Peters's insight:
Watch it, if you think that making decisions is a skill and can be learned...
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When status differences hold people back from speaking up, teams need to establish systems that help people find their voice.
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From
www
Why do so many companies make bad decisions, even with access to unprecedented amounts of data? With stories from Nokia to Netflix to the oracles of ancient Greece, Tricia Wang demystifies big data and identifies its pitfalls, suggesting that we focus instead on "thick data" -- precious, unquantifiable insights from actual people -- to make the right business decisions and thrive in the unknown.
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From
hbr
John Beshears and Francesca Gino of Harvard Business School offer a five-step process for mitigating the effects of cognitive biases and low motivation on decision making.
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