Don't be so sure ...
Let’s start with a simple exercise. For each of the questions below, provide a range that gives you 80% confidence that the correct...
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Wayne Borchardt
Nov 27, 20163 min read
5 Myths of Strategic Decision Making
There is no shortage of examples of failures of strategic decision making. These failures are of two types: 1. business leaders not doing...
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Wayne Borchardt
Nov 20, 20163 min read
The Mother of all Biases
I’m not sure why, but I had a view that confirmation bias was sometimes referred to as “the mother of all biases”. In writing this post I...
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Wayne Borchardt
Nov 13, 20162 min read
Reward good effort, not outcome
Most business executives (7 out of 10) judge the quality of a strategic decision by the outcome achieved [1]. They are wrong! What do a...
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Wayne Borchardt
Nov 6, 20162 min read
AI: your more reliable source of intuition
When it comes to making intuitive judgments or decisions, would you rather trust your own brain or that of a machine? What an intriguing...
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Wayne Borchardt
Oct 30, 20163 min read
Habits trump Willpower
Ooops, didn’t mean for this article to get picked up by LinkedIn’s algorithm because I had the word “trump” in the subject line :-)....
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Wayne Borchardt
Oct 23, 20163 min read
Instinct, Intuition and Insight
As expected, my post “Reliability of Intuition” drew some challenge from readers. To address this challenge we need to properly define...
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Wayne Borchardt
Oct 16, 20163 min read
Big Data: a source of creative insights?
There are many theoretical arguments claiming that big data cannot be a source of creative insights. “Analysis does not yield new ideas....
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Wayne Borchardt
Oct 10, 20162 min read
Ethos, Pathos, Lagos - yes, they still matter for business executives
6,000 years ago Aristotle taught us that messages are persuasive when they exhibit 1. ethos (a credible reference to authority), 2....
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Wayne Borchardt
Oct 3, 20162 min read
How much control do we have of our behaviour?
Most of us appreciate that our behaviour is a product of biological and environmental factors (nature AND nurture), but how well do we...
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Wayne Borchardt
Sep 24, 20162 min read
An inability to Forecast
Most people, including “experts”, are poor at forecasting, but we can improve. Did the outcome of the Brexit vote surprise you? If you...
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Wayne Borchardt
Sep 18, 20161 min read
Reliability of Intuition?
Insight: your intuition is only reliable when three conditions apply: 1. your decision is being made in a stable, linear...
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