Flawed Assumptions, Models and Decision Making

Flawed Assumptions, Models and Decision Making
Author :
Publisher :
Total Pages : 7
Release :
ISBN-10 : OCLC:68361764
ISBN-13 :
Rating : 4/5 (64 Downloads)

Synopsis Flawed Assumptions, Models and Decision Making by :

The history of high consequence accidents is rich with events wherein the actions, or inaction, of humans was critical to the sequence of events preceding the accident. Moreover, it has been reported that human error may contribute to 80% of accidents, if not more (dougherty and Fragola, 1988). Within the safety community, this reality is widely recognized and there is a substantially greater awareness of the human contribution to system safety today than has ever existed in the past. Despite these facts, and some measurable reduction in accident rates, when accidents do occur, there is a common lament. No matter how hard we try, we continue to have accidents. Accompanying this lament, there is often bewilderment expressed in statements such as, ''There's no explanation for why he/she did what they did''. It is believed that these statements are a symptom of inadequacies in how they think about humans and their role within technological systems. In particular, while there has never been a greater awareness of human factors, conceptual models of human involvement in engineered systems are often incomplete and in some cases, inaccurate.

Thinking, Fast and Slow

Thinking, Fast and Slow
Author :
Publisher : Farrar, Straus and Giroux
Total Pages : 511
Release :
ISBN-10 : 9781429969352
ISBN-13 : 1429969350
Rating : 4/5 (52 Downloads)

Synopsis Thinking, Fast and Slow by : Daniel Kahneman

*Major New York Times Bestseller *More than 2.6 million copies sold *One of The New York Times Book Review's ten best books of the year *Selected by The Wall Street Journal as one of the best nonfiction books of the year *Presidential Medal of Freedom Recipient *Daniel Kahneman's work with Amos Tversky is the subject of Michael Lewis's best-selling The Undoing Project: A Friendship That Changed Our Minds In his mega bestseller, Thinking, Fast and Slow, Daniel Kahneman, world-famous psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how the two systems shape our judgments and decisions. Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble. Topping bestseller lists for almost ten years, Thinking, Fast and Slow is a contemporary classic, an essential book that has changed the lives of millions of readers.

Decision Making Under Uncertainty

Decision Making Under Uncertainty
Author :
Publisher : Prentice Hall
Total Pages : 560
Release :
ISBN-10 : UOM:39015048596764
ISBN-13 :
Rating : 4/5 (64 Downloads)

Synopsis Decision Making Under Uncertainty by : Charles A. Holloway

Introduction and basic concepts; Models and probability; Choices and preferences; Preference assessment procedures; Behavioral assumptions and limitations of decision analysis; Risk sharing and incentives; Choices with multiple attributes.

The Next Smart Step

The Next Smart Step
Author :
Publisher : Charlesbridge Publishing
Total Pages : 205
Release :
ISBN-10 : 9781632892270
ISBN-13 : 1632892278
Rating : 4/5 (70 Downloads)

Synopsis The Next Smart Step by : Kelly Watson

“A candid, readable, and useful book about how we can get past talking about gender bias and actually start doing something about it.” —Adam Grant, New York Times bestselling author of ORIGINALS and GIVE AND TAKE, and host of the TED podcast WorkLife Empowering women empowers everyone. Women with confidence, equal pay, and leadership opportunity enrich workplace culture and help the whole organization. The first step is understanding that gender balance is not a zero-sum game. The Next Smart Step is a clear, assured guide to understanding the challenge of gender imbalance, implementing solutions, and equipping readers with the tools we all need to ensure change that is positive and enduring. It is about all of us becoming leaders. The Next Smart Step builds on a positive reality, helping readers recognize and manage unconscious biases, see diversity as a 21st-century skill, and work towards equal partnerships in the workplace. It outlines strategies for flexibility, communication, openness, and mutual respect. Gender equity is not only the right thing to do—it makes life better, workplace culture more diverse, opportunity more widely available, and organizations more successful. The Next Smart Step will help everyone from new hires to corporate executives learn the personal leadership this important issue demands.

Decisive

Decisive
Author :
Publisher : Random House Canada
Total Pages : 326
Release :
ISBN-10 : 9780307361141
ISBN-13 : 0307361144
Rating : 4/5 (41 Downloads)

Synopsis Decisive by : Chip Heath

The four principles that can help us to overcome our brains' natural biases to make better, more informed decisions--in our lives, careers, families and organizations. In Decisive, Chip Heath and Dan Heath, the bestselling authors of Made to Stick and Switch, tackle the thorny problem of how to overcome our natural biases and irrational thinking to make better decisions, about our work, lives, companies and careers. When it comes to decision making, our brains are flawed instruments. But given that we are biologically hard-wired to act foolishly and behave irrationally at times, how can we do better? A number of recent bestsellers have identified how irrational our decision making can be. But being aware of a bias doesn't correct it, just as knowing that you are nearsighted doesn't help you to see better. In Decisive, the Heath brothers, drawing on extensive studies, stories and research, offer specific, practical tools that can help us to think more clearly about our options, and get out of our heads, to improve our decision making, at work and at home.

The Ultimate Book of Business Thinking

The Ultimate Book of Business Thinking
Author :
Publisher : John Wiley & Sons
Total Pages : 324
Release :
ISBN-10 : 9781841124407
ISBN-13 : 1841124400
Rating : 4/5 (07 Downloads)

Synopsis The Ultimate Book of Business Thinking by : Des Dearlove

Thousands of brilliant business ideas are launched into the world of work every day. But how can business leaders know which ideas are the ones that will really drive the business full steam ahead? From scientific management to knowledge management and from the agile organization to the virtual organization, Des Dearlove describes each idea, shows how it has been applied practically and gives alternative interpretations and definitions from the sceptics.

Standard Deviations

Standard Deviations
Author :
Publisher : Abrams
Total Pages : 192
Release :
ISBN-10 : 9781468310689
ISBN-13 : 1468310682
Rating : 4/5 (89 Downloads)

Synopsis Standard Deviations by : Gary Smith

How statistical data is used, misused, and abused every day to fool us: “A very entertaining book about a very serious problem.” —Robert J. Shiller, winner of the Nobel Prize in Economics and author of Irrational Exuberance Did you know that baseball players whose names begin with “D” are more likely to die young? That Asian Americans are most susceptible to heart attacks on the fourth day of the month? That drinking a full pot of coffee every morning adds years to your life, but one cup a day increases your pancreatic cancer risk? These “facts” have been argued with a straight face by credentialed researchers and backed up with reams of data and convincing statistics. As Nobel Prize–winning economist Ronald Coase cynically observed, “If you torture data long enough, it will confess.” Lying with statistics is a time-honored con. In Standard Deviations, economics professor Gary Smith walks us through the various tricks and traps that people use to back up their own crackpot theories. Sometimes, the unscrupulous deliberately try to mislead us. Other times, the well-intentioned are blissfully unaware of the mischief they are committing. Today, data is so plentiful that researchers spend precious little time distinguishing between good, meaningful indicators and total rubbish. Not only do others use data to fool us, we fool ourselves. Drawing on breakthrough research in behavioral economics and using clear examples, Standard Deviations demystifies the science behind statistics and makes it easy to spot the fraud all around us. “An entertaining primer . . . packed with figures, tables, graphs and ludicrous examples from people who know better (academics, scientists) and those who don’t (political candidates, advertisers).” —Kirkus Reviews (starred review)

Handbook of Data-Based Decision Making in Education

Handbook of Data-Based Decision Making in Education
Author :
Publisher : Routledge
Total Pages : 686
Release :
ISBN-10 : 9781135890834
ISBN-13 : 1135890838
Rating : 4/5 (34 Downloads)

Synopsis Handbook of Data-Based Decision Making in Education by : Theodore Kowalski

Education has fought long and hard to gain acceptance as a profession and, since professionals by definition use data to shape the decisions they make, education has little choice but to continue moving in this direction. This 3-part handbook represents a major contribution to the literature of education. It is a unique compendium of the most original work currently available on how, when and why evidence should be used to ground practice. It is a comprehensive, cross-disciplinary, research-based, and practice-based resource that all educators can turn to as a guide to data-based decision making. The Handbook of Data-Based Decision Making in Education is a must read for researchers who are just beginning to explore the scientifically based nature of educational practice. It is also appropriate for policy makers and practitioners who are confronted with young people who need to be in classrooms where "best practices" are the norm and not the exception.

The 75 Greatest Management Decisions Ever Made

The 75 Greatest Management Decisions Ever Made
Author :
Publisher : AMACOM
Total Pages : 272
Release :
ISBN-10 : 9780814423684
ISBN-13 : 081442368X
Rating : 4/5 (84 Downloads)

Synopsis The 75 Greatest Management Decisions Ever Made by : Stuart Crainer

The 75 Greatest Management Decisions Ever Made is a pithy compendium that celebrates pinnacles of decision-making that have shaped management through the ages - and left their indelible impressions on business and society.

Think Again

Think Again
Author :
Publisher : Harvard Business Press
Total Pages : 256
Release :
ISBN-10 : 9781422133378
ISBN-13 : 1422133370
Rating : 4/5 (78 Downloads)

Synopsis Think Again by : Sydney Finkelstein

Why do smart and experienced leaders make flawed, even catastrophic, decisions? Why do people keep believing they have made the right choice, even with the disastrous result staring them in the face? And how can you be sure you're making the right decision--without the benefit of hindsight? Sydney Finkelstein, Jo Whitehead, and Andrew Campbell show how the usually beneficial processes of the human mind can become traps when we face big decisions. The authors show how the shortcuts our brains have learned to take over millennia of evolution can derail our decision making. Think Again offers a powerful model for making better decisions, describing the key red flags to watch for and detailing the decision-making safeguards we need. Using examples from business, politics, and history, Think Again deconstructs bad decisions, as they unfolded in real time, to show how you can avoid the same fate.