Blog 3

Read the following text - http://www.cdl.rutgers.edu/e-leadership/pdf/KimandMauborgne.pdf - and answer these questions:

Identify the different types of decisions that Bill Bratton had to take. Which of these decisions did he support with numbers? What do you think he used them (numbers) for? Why do you think he found them (numbers) useful? What other factors do you think made him a successful manager?

Blog 2

Watch this video - http://www.youtube.com/watch?v=UF8uR6Z6KLc - and answer the following questions:

QUESTION 1
According to Steve Jobs, what is the only thing we can be certain of? What does his speech tell us about facing up to the other things in life?

QUESTION 2
How do you feel about uncertainty? Do you have any strategies for facing up to difficult situations where you are not sure of the outcome?

If you could pay someone who could

a) make you feel more confident about the decisions you take but was not able to reduce the uncertainty of their outcome
b) leave you feeling the same but actually give you a more certain outcome

which one would you choose if any? (You can choose not to pay and take what comes). Why would you choose that one and why not the others?

Blog 1

Read this text about Decision Making Heuristics (http://www.studentpulse.com/articles/180/3/decision-making-factors-that-influence-decision-making-heuristics-used-and-decision-outcomes#) and answer the following questions:

QUESTION 1
What are heuristics? Choose three named in the text and give an example of a decision that you have taken using each of these techniques.

QUESTION 2
According to the text what makes people regret the decisions they have taken. Consider an important decision you have taken in your life. Explain HOW you took this decision - what process you followed. Looking back what makes you feel good/bad about this decision?