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You're About to Make a Terrible Mistake!: How Biases Distort Decision-Making-and What You Can Do to Fight Them

You're About to Make a Terrible Mistake!: How Biases Distort Decision-Making-and What You Can Do to Fight Them

Written by Olivier Sibony

Narrated by Donald Corren


You're About to Make a Terrible Mistake!: How Biases Distort Decision-Making-and What You Can Do to Fight Them

Written by Olivier Sibony

Narrated by Donald Corren

ratings:
5/5 (11 ratings)
Length:
8 hours
Released:
Jul 14, 2020
ISBN:
9781980096962
Format:
Audiobook

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Also available as ebookEbook

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Description

A lively, research-based tour of nine common business decision-making traps—and practical tools for avoiding them—from a professor of strategic thinking We all make decisions all the time. It’s so natural that we hardly stop to think about it. Yet even the smartest and most experienced among us make frequent and predictable errors. So, what makes a good decision? Should we trust our intuition, and if so, when? How can we avoid being tripped up by cognitive biases when we are not even aware of them? In You’re About to Make a Terrible Mistake!, strategy professor and management consultant Olivier Sibony draws on dozens of fascinating and engaging case studies to show how cognitive biases routinely lead all of us—including even the most renowned business titans—into nine common decision-making traps. But instead of rehashing the same old “debiasing” techniques that fail managers time and again, Sibony explains that the best way to avoid the pitfalls of cognitive bias is to craft an effective decision-making architecture in your organization—a system of techniques and processes that leverage collective intelligence to help leaders make the best decisions possible. And provides forty concrete methods for doing so. Distinctive in the clarity and practicality of its message, You’re About to Make a Terrible Mistake! distills the latest developments in behavioral economics and cognitive psychology into actionable tools for making smart, effective decisions in business and beyond.
Released:
Jul 14, 2020
ISBN:
9781980096962
Format:
Audiobook

Also available as...

Also available as ebookEbook

About the author

Olivier Sibony is an Affiliate Professor of Strategy at HEC Paris and an Associate Fellow at Saïd Business School, Oxford University. Previously, he spent 25 years in the Paris and New York offices of McKinsey & Company, where he was a senior partner. Sibony's research on improving the quality of strategic decision making has been featured in many publications, including Harvard Business Review and MIT Sloan Management Review. He is a graduate of HEC Paris and hold a PhD from Paris Sciences et Lettres University. He is a co-author, with Daniel Kahneman, of the forthcoming Noise.


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  • (5/5)
    Anyone interested in behavioral finance or behavioral bias in decision making should listen. An excellent book that should be read by all executives!