Think Twice
Regular price
€26.50
A01=Michael J. Mauboussin
Age Group_Uncategorized
Age Group_Uncategorized
alternative possibilities
Author_Michael J. Mauboussin
automatic-update
avoid common mental missteps
Category1=Non-Fiction
Category=KJMD
cause-and-effect linkages
cognitive biases
cognitive errors
computer based predictive systems
COP=United States
crowdsourcing
decision making
Delivery_Delivery within 10-20 working days
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
eq_non-fiction
expert advice
flexibility
introspection
judgment calls
Language_English
PA=Available
power of counterintuition
Price_€20 to €50
properly calculate evidence
PS=Active
softlaunch
Product details
- ISBN 9781422187388
- Weight: 212g
- Dimensions: 139 x 209mm
- Publication Date: 06 Nov 2012
- Publisher: Harvard Business Review Press
- Publication City/Country: US
- Product Form: Paperback
- Language: English
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No matter your field, industry, or specialty, as a leader you make a series of crucial decisions every single day. And the harsh truth is that the majority of decisions-no matter how good the intentions behind them-are mismanaged, resulting in a huge toll on organizations, the people they employ, and even the people they serve. So why is it so hard to make sound decisions? In Think Twice, now in paperback, Michael Mauboussin argues that we often fall victim to simplified mental routines that prevent us from coping with the complex realities inherent in important judgment calls. Yet these cognitive errors are preventable. In this engaging book, Mauboussin shows us how to recognize and avoid common mental missteps. These include misunderstanding cause-and-effect linkages, not considering enough alternative possibilities in making a decision, and relying too much on experts. Through vivid stories, the author presents memorable rules for avoiding each error and explains how to recognize when you should "think twice"-questioning your reasoning and adopting decision-making strategies that are far more effective, even if they seem counterintuitive.
Armed with this awareness, you'll soon begin making sounder judgment calls that benefit (rather than hurt) your organization.
Michael J. Mauboussin is chief investment strategist at Legg Mason Capital Management. He is also an adjunct professor of finance at Columbia Business School. Learn more at www.michaelmauboussin.com.
