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4 Steps to Make Decisions on the Fly

Lead Change Blog

Daniel Kahneman defined these two ways of thinking in his 2011 book Thinking Fast and Slow. Kahneman describes the fast-thinking experiencing self and a slow-thinking remembered-thinking self, combined in the four-step process below. The fast thinking method includes the experiencing and acting steps (steps 1 and 4 below).

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Coaching Can Help Leaders Manage Their Emotions

The Horizons Tracker

When Daniel Kahneman proposed Systems 1 and 2 thinking, it was generally System 2 that took most of the plaudits. The role of the coach is to help bring the executive to a state in which they can better make sense of and manage their emotions.

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LeadershipNow 140: November 2018 Compilation

Leading Blog

Daniel Kahneman: Your Intuition Is Wrong, Unless These 3 Conditions Are Met via @ThinkAdvisor. For Managers— The Performance Potential of a Strong Feedback Culture by @ArtPetty. Here are a selection of tweets from November 2018 that you don't want to miss: Why Facts Don’t Change Our Minds by @JamesClear. What would Marvin Bower think?

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7 Ways for Leaders to Deal With Bias

Lead Change Blog

Bias is tricky to manage because it’s difficult for us to see our own biases. Discrimination : unfair, inappropriate, unjustifiable, and negative behavior toward a group or its members. Having a bias didn’t make this boss a bad person. We’re all biased. Our brains facilitate it.

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3 Things You Need to Control to Succeed as a Leader

Leading Blog

Daniel Kahneman, who won the Nobel Prize for his research on behavioral economics, calls them System 1 and 2. These include managing individual and group relationships, logical reasoning, probabilistic thinking, and learning new information and patterns of thinking and behavior. Roughly speaking, we have two thinking systems.

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Do We Hold Algorithms To Higher Standards Than Humans?

The Horizons Tracker

In Noise , Daniel Kahneman, Cass Sunstein, and Olivier Sibony highlight the many ways in which human decision-making is inherently “noisy” Noise can loosely be defined as what ensures that two judgments that should be identical are not. The authors highlight how noise can be caused by a number of factors.

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The Compound Effect

CEO Blog

There is another great thinker, Daniel Kahneman, who wrote an outstanding article in the NY times that challenges Blink. In the article he talks about the stock picker and fund managers and the people that manage them.

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