November 1, 2021
Boards can frequently trace flawed decisions to the process directors used in making the decision: unclear objectives, wrong information, disproportionately weighting options, etc. Often, however, the fault lies not with the process but with the mindset of those making decisions. When directors think about their decision-making in traditional ways, too often they fall through one of these decision-making traps..
September 28, 2021
Do your board members have a Board Mindset™? How do you know? And how do you strengthen this set of attributes?
August 31, 2021
Despite the rapidly expanding literature in behavioral economics and the popularity of some of its well-known concepts, it is surprisingly tricky to put conclusions from research into practical use. As the behavioral economic theories suggest, this challenge exists because...
July 14, 2021
Directors are usually intelligent, successful people capable of stepping into the same decision traps as other people. Yet, some manage to make fewer mistakes than others. So, are some people more “trap resistant” than others?
