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Curation of weekly selections – A distillation of the opinions that count!



Kenneth Rogoff
Filter: Category: PSYCHOLOGY > Decision-making
  • PSYCHOLOGY, Decision-making

    Ayse Birsel, "To Come Up with a Good Idea, Start by Imagining the Worst Idea Possible"

    Harvard Business Review - 16 Aug 2017

    It sounds counter-intuitive, but “wrong thinking” (also called reverse thinking: the exact opposite of the accepted or logical solution) works! It embodies three powerful principles: (1) Be the beginner (we listen more – humility pays off); (2) Grant agency (give others agency to investigate, apply their ideas, draw their own conclusions); (3) Do away with hierarchy (reads in 4-6 min). 

    Published in Weekly selection 25 August 2017

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  • PSYCHOLOGY, Decision-making, Wellbeing

    Jerry Useem, "Power Causes Brain Damage"

    The Atlantic - 30 Jun 2017

    Over time, leaders lose mental capacities that were essential to their rise: a disorder of the possession of power called “hybris syndrome”. Different lab and field experiments corroborate the historian Henry Adams’s observation that power is “a sort of tumor that ends by killing the victim’s sympathies.” Often, people in a position of power act as if they had suffered a traumatic brain injury, becoming more impulsive, less risk-aware, and less adept at seeing things from other people’s perspectives (reads in 6-8 min).

    Published in Weekly selection 23 June 2017

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  • PSYCHOLOGY, Decision-making, Technology, Innovation, Internet

    Jason Del Rey, "This is the Jeff Bezos playbook for preventing Amazon’s demise"

    Recode - 12 Apr 2017

    In his letter to shareholders, Jeff Bezos explains how he’ll prevent Amazon’s demise. He offers four different answers: (1) customer obsession, (2) a skeptical view of proxies, (3) the eager adoption of external trends (AI and machine learning being the most prominent), and (4) high-velocity decision-making (“most decisions should probably be made with somewhere around 70% of the information you wish you had. If you wait for 90%, in most cases, you’re probably being slow”) (reads in 5-7 min).

    Published in Weekly selection 14 April 2017

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