Category: Practical Wisdom
-
Better stories <equals> better solutions
Become a Better Problem Solver by Telling Better Stories is a great article from Arnaud Chevallier, Albrecht Enders, and Jean-Louis Barsoux on MIT SMR. One of the biggest obstacles to effective decision-making is failure to define the problem well. Invoking the power of narrative and a simple story structure can help ensure that teams are…
-
Risk and Uncertainty
The core of this post comes from “How do smart people make smart decisions?” by Gerd Gigerenzer, delivered at TEDxNorrköping – available at https://youtube.com/watch?v=-Lg7G8TMe_A and a transcript available . However, there are more sources which lead to this insights, like e.g.: RISK VS UNCERTAINTY RISK: How should we make decisions when all relevant alternatives, consequences,…
-
How Collaboration Breaks Down
Simon DeDeo and many other authors describe in this chapter how humans may be “super-cooperators,” but no collaboration lasts forever. This chapter summarizes the outcome of an interdisciplinary collaboration between political, social, economic, and cognitive scientists into the question of collaboration collapse. It locates the breakdown of collaboration downstream from the failure to align on…
-
practical wisdom in complex system management
Leonie Hallo et al. published the research “Investigating practical wisdom in complex system management: What is it and how do we get more?“ Systems are now extremely complex with the continuous involvement of multiple stakeholders and rapidly advancing technology, and a new way of viewing high-performance system management and decision-making is needed.This paper considers the…
