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Category: Biases & Traps

The Consensus Curse

On August 16, 2023 By StrategicBets.netIn Biases & Traps, Team Effectiveness

None of us is as dumb as all of us!

Oh, Our Humanity!

On July 20, 2023 By StrategicBets.netIn Biases & Traps, Valuations

The most dangerous bias is the bias denied.

Precious Memories

On January 14, 2020January 14, 2020 By StrategicBets.netIn Biases & Traps, Follow-Up

What if you learned that most of your capital projects are performing 20 percent lower than reported? 

Can Do!

On September 3, 2019September 3, 2019 By StrategicBets.netIn Biases & Traps, Leadership & Decision-Making, Valuations

ReachingSave the stretch goals for AFTER the decision is made

Monte Carlo Traps

On July 30, 2019July 30, 2019 By StrategicBets.netIn Biases & Traps, Risk Assessment1 Comment

Monte Carlo Simulation: Elegant, powerful, and usually dangerously misleading.

Decision Overload

On May 21, 2019May 19, 2019 By StrategicBets.netIn Biases & Traps, Leadership & Decision-Making

Decision-MakerBetter big decision by timing big decisions.

Inhuman Cheating

On May 7, 2019May 12, 2019 By StrategicBets.netIn Biases & TrapsLeave a comment

StrategyWhen perseverance isn't a virtue

The Dark Side Of Goal Seek

On April 30, 2019April 27, 2019 By StrategicBets.netIn Biases & Traps, Valuations

Strategically withholding information from experts improves objectivity & accuracy

Straight From The Horse’s Mouth

On April 2, 2019April 7, 2019 By StrategicBets.netIn Biases & Traps, Leadership & Decision-Making, Valuations

What do you really want: great analysis or your first impressions repeated back to you?

Members Only

On March 12, 2019April 7, 2019 By StrategicBets.netIn Biases & Traps, Framing the Question, Team Effectiveness

Vendors provide valuable contributions to our capital projects – but only after we are ready for their involvement.

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