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Wayne Borchardt
Jul 21, 20211 min read
How to make better decisions (podcast interview on Deep Space)
Click on this link for the interview recording
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Wayne Borchardt
Jul 8, 20210 min read
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Wayne Borchardt
Apr 26, 20206 min read
A behavioural science lens on South Africa’s response to Covid-19
Co-authored with Jordan Sher Covid-19 (C19) is wreaking havoc around the world [1]. Unemployment in the US is expected to increase to...
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Wayne Borchardt
Apr 16, 20201 min read
Covid-19 in South Africa: Strategic planning imperatives
This is a copy of the presentation I delivered to a Think Tank of the Institute of Risk Management South Africa on April 8th, 2020. The...
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Wayne Borchardt and Dr Gary Kroukamp
Apr 16, 20208 min read
Survival of the Fittest: A new global order in a post Covid-19 world
Covid-19 might change our world forever. This will not be the first time that our world has been fundamentally changed. Rather more...
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Wayne Borchardt and John Wallace.
Mar 23, 20206 min read
COVID-19: Strategic planning during radical uncertainty
John Kay and Mervyn King’s new book “Radical uncertainty: Decision-making for an unknowable future” [1] could hardly have been better...
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Wayne Borchardt
Mar 27, 20194 min read
Do shareholders care enough?
When a plane crashes, a thorough investigation ensues and, as we have just seen in the case of the Boeing 737 max 8, sometimes aircraft...
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Wayne Borchardt
Jan 7, 20192 min read
Fantastic Frameworks: Decision Quality
“Half of the decisions made in organizations fail, making failure far more prevalent than previously thought” [1] We can do significantly...
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Wayne Borchardt
Nov 7, 20185 min read
Unlock value by changing three false beliefs
Most business executives implicitly believe these three pieces of conventional wisdom: 1. Find and secure your sustainable competitive...
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Wayne Borchardt
Sep 8, 20183 min read
Thoughtful opinions loosely held
When last did you change your mind about something important? Cognitive flexibility - a form of thinking that includes the ability to...
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Wayne Borchardt
Aug 23, 20183 min read
System 1 and 2, sure. But are there more systems?
How do we process information? Daniel Kahneman uses the concept of System 1 and System 2 to describe our fast, automatic, intuitive...
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Wayne Borchardt
Jul 16, 20185 min read
What lies beneath
What did you drink when you woke up this morning? Tea? Coffee? A smoothie? And what made you decide to choose that particular beverage?...
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Wayne Borchardt
Apr 26, 20183 min read
Decision Analysis is applied Stoicism
It occurred to me that the fundamentals of Decision Analysis are, in effect, an application of Stoicism. Maybe that’s obvious to the...
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Wayne Borchardt, Dr Reza Daniels and John Wallace.
Feb 28, 20187 min read
Utopia or Dystopia: your call!
It is clear that over the next two decades, forces driven by the game-changing technologies of Artificial Intelligence (AI), robotics,...
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Wayne Borchardt
Jan 21, 20182 min read
Trust your intuition: win a goat!
Recently I had some fun by testing some “smart” friends on the classic Monty Hall problem [1]. They performed as expected – they were...
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Wayne Borchardt
Dec 24, 20178 min read
This time there is a "silver bullet"!
I feel the need to defend the title of this article which many readers will find clichéd and/or exaggerated. The reason that I have used...
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Wayne Borchardt
Nov 22, 20173 min read
Seven Deadly Sins of Strategy
When I first became interested in behavioural economics, I looked for a framework that classified all the cognitive biases – see...
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Wayne Borchardt
Oct 29, 20174 min read
Applying a "living strategy"
Heraclitus, a Greek philosopher of the late 6th century BC, suggested that “The only thing that is constant is change”. Most business...
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Wayne Borchardt
Sep 30, 20174 min read
Take big data. Add thick data. Stir well.
Jeff Bezos, as CEO of Amazon, has access to more data on customers than almost everyone else on earth. He wrote in his 2016 letter to...
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