Prism Decision Systems

  • Email
  • RSS
  • HOME
  • THE EIGHT KEYS
    • Buy Now
    • Reader Praise for the Eight Keys
  • BLOG
    • Papers
    • Readings

11/01/2012 by Sean Brady

The planning fallacy and optimism bias

Are you considering a major building project? An addition to your home? An information technology overhaul for your business? If so, be acutely aware of the planning fallacy — and try to avoid its pitfalls. Optimism bias may well be the most significant of all cognitive biases. Read on at https://prismdecision.com/the-planning-fallacy-and-optimism-bias

Filed Under: Biases & Fallacies Tagged With: assumptions, biases, decision criteria, decision-making, fallacies

05/11/2011 by Sean Brady

Credit Union "Micro" Strategic Planning

Small- and medium-sized businesses often run micro retreats that compress strategic planning into a day or less. Too often, these retreats are poorly executed: there has been little preparation and the decision-making process is opaque. Alternatively, a successful micro retreat depends upon four key factors: a lean strategic planning process, preliminary research and detailed preparation, dynamic group process and skilled decision support, and strong, consensus agreement to act. This post uses a case study from the credit union sector to illustrate each of these factors and demonstrate how to run an effective strategic planning micro retreat.

Filed Under: Strategic planning Tagged With: assumptions, consensus, cost-benefit, decision-making, group decision support, group decision system, implementation, strategic planning

10/21/2010 by Sean Brady

Changing Education Paradigms

Sir Ken Robinson’s fascinating, thought-provoking and highly engaging animated narrative of the history of formal education, its current failures and a better path forward. The presentation was given upon the occasion of his receiving the Benjamin Franklin Medal by the Royal Society of Arts in London at https://prismdecision.com/ddy

Filed Under: K-12 education Tagged With: assumptions, creative problem solving, creativity skills, education, idea generation, innovation

08/15/2010 by Sean Brady

Are Too Many Options Bad For You?

I firmly believe that having more options is preferable to having fewer options. On the other hand, just about every time I go to the grocery store, I wish there were fewer choices. So I am conflicted: my training and belief system tell me the more options, the better; my experience, sometimes just the opposite. Research now validates the conflict I experience. In fact, Columbia researcher Sheena Iyengar asserts that having too many options results in poorer decisions. Read on at https://prismdecision.com/z4x.

Filed Under: Decision-making Tagged With: assumptions, biases, creative problem solving, decision criteria, decision-making, idea generation

08/02/2010 by Sean Brady

The Monkey Business Illusion

View the Monkey Business Illusion and test your susceptibility to inattentional blindness at https://prismdecision.com/2lf

Filed Under: Decision-making Tagged With: assumptions, biases, creative problem solving, decision-making, mental models, metacognition, visualization

03/01/2010 by Sean Brady

Assumption Busting

It is historical continuity that maintains most assumptions — not repeated assessment of their validity. – Edward DeBono, Lateral Thinking

Creativity often requires assumption busting: identifying key assumptions, ruthlessly questioning their validity, generating new assumptions, and then asking ‘What if?’

Filed Under: Creativity & problem solving Tagged With: assumptions, creative problem solving, creativity skills

« Previous Page

Contact

[email protected]

Buy Now!

You Are What You Decide is now available in paperback and for all e-Readers.

BLOG: SUBSCRIBE TODAY!

Blog: recent posts

Prism Decision Systems, LLC: 25 fulfilling years

Resilience in three steps: endure, adapt & thrive

How to run successful virtual decision-making meetings

The power of Amazon’s press release and FAQ protocol

Leadership during a pandemic: Joseph McShane, S.J.

Blog: all posts

BLOG: SUBSCRIBE TODAY!

Contact

Sean Brady
President
Prism Decision Systems, LLC
[email protected]

 

Search this website

Connect

  • Email
  • RSS

Copyright © 2022 · Prism Decision Systems, LLC · [email protected]