Category Archives: Management

The bitterness of doing nothing

When we should really challenge our own, and other people’s omission bias Biases (cognitive and behavioural tendencies) and heuristics (mental shortcuts) are often associated with bad decisions, but it is worth bearing in mind their evolutionary origins before we label … Continue reading

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Why people do what they do (and don’t do what they don’t do)

How to understand better what motivates people’s behaviour – in organizations and elsewhere – and how this can help us manage behavioural change, in others and in ourselves People don’t always do the right thing. It sounds like (and arguably … Continue reading

Posted in Behavioural economics, Cognitive biases and fallacies, Management, Organization Development, Psychology | Tagged | 2 Comments

When the material meets the immaterial

(featured image credit: Mr Blue MauMau CC BY) With incentives, things are not always what they seem “Most of economics can be summarized in four words: ‘People respond to incentives.’ The rest is commentary,” Steven Landsburg writes on the very … Continue reading

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Signals from the unexpected

(credit: didgeman CC BY) The messages that are sent when expectations and reality are at odds can be revealing and powerful A few weeks ago, three things happened to me on three consecutive days. All three involved choices other people … Continue reading

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Nationalization or privatization?

(featured image credit: Krahsman) Do private and public organizations (and their employees) make inherently different trade-offs? Todd Dewey is on his way from Winnipeg, Canada to North Spirit Lake, 500 km to the north east. He is one of the … Continue reading

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Useful ‘Nobel’ Economics? You bet!

(featured image credit: edar/pixabay) How a winner of the Economics ‘Nobel’ prize may help run organizations better They say the way to hell is paved with good intentions. Arguably, anyone intent on paving the way to hell might find more … Continue reading

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