Why Do Smart People Make Bad Decisions?

business man making bad decision

We’ve all witnessed it: smart people like executives, doctors, and leaders making bad decisions – some of which were catastrophic. The Space Shuttle Challenger explosion in 1986 is one tragic example.  Official investigations concluded that, due to pressure to launch on schedule, NASA and other experts overlooked the dangers of launching the space shuttle in […]

Why Do Smart People Make Bad Decisions? Read More

Do Your Decision Makers Have Decision Resilience?

digital brain floating above business suite body

What is decision resilience?  Decision resilience is NOT about leaders showing “the courage of their convictions” or sticking with a decision when faced with challenges – I consider that to be resolve, or in some instances, inflexibility. Rather, decision resilience (as I define it) refers to how resilient a decision-maker’s brain is to misperceiving reality […]

Do Your Decision Makers Have Decision Resilience? Read More

Is Your Judgement 32% Off?

Blindfolded business leader running off a cliff

Have you ever noticed that looking down from the top of a tall building seems farther than looking up at it from the bottom?  Likewise, looking up at skyscrapers usually isn’t scary, while looking down from the top can evoke panic. In fact, people in experiments conducted by Jackson & Cormack (2007) judged the same […]

Is Your Judgement 32% Off? Read More