Download The Decision Book: Fifty Models for Strategic Thinking by Mikael Krogerus PDF

By Mikael Krogerus

A quick, sharp advisor to tackling life’s largest demanding situations: knowing ourselves and making the correct choices.Every day bargains moments of selection, from what to consume for lunch to the right way to settle a dispute with a colleague. nonetheless greater questions loom: How am i able to inspire my staff? How am i able to paintings extra successfully? what's the lengthy tail besides? no matter if you’re a newly minted MBA, a prolonged second-guesser, or simply a person longing for a brand new vantage element, the choice ebook offers fifty versions for larger structuring, and for this reason knowing, life’s regular demanding situations. Interactive and thought-provoking, this illustrated workbook deals succinct summaries of well known ideas, together with the Rubber Band version for dilemmas with many instructions, the private functionality version to check no matter if to alter jobs, and the Black Swan version to demonstrate why event doesn’t warrantly knowledge. full of everyday instruments just like the Pareto precept, the Prisoner’s drawback, and an strange workout encouraged via Warren Buffet, the choice e-book is the perfect reference for versatile thinkers. fifty eight illustrations

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Two prisoners are suspected of having carried out a crime together. The maximum sentence for the crime is ten years. The two suspects have been arrested separately, and each is offered the same deal: if he confesses that they both committed the crime and his accomplice remains silent, the charges against him will be dropped – but his accomplice will have to serve the full ten years. If both he and his accomplice remain silent, there will only be circumstantial evidence, which will none the less be enough to put both men behind bars for two years.

Innovative ideas usually emerge when we leave our comfort zone, or when we break the rules. The example used here is the ‘nine-point problem’, which first appeared in puzzle magazines at the beginning of the twentieth century. The task: Connect the nine points using a maximum of four straight lines without lifting your pen from the paper. The solution: The trick is to extend the lines outside the box. This puzzle is often used as an example of creative thinking. But don’t jump to any rash conclusions – because Dr Peter Suedfeld, a professor of psychology at the University of British Columbia, made an interesting observation.

Therefore management models have tried to reduce complexity by condensing ideas into a matrix with four fields. ‘It all started with spreadsheet programmes,’ explains Karin Frick, head of research at the Gottlieb Duttweiler institute. Spreadsheets are among the most powerful management tools of recent years. Spreadsheet software such as Microsoft’s Excel have revolutionised the way in which we manage expenses and budgets. ’ This observation of Mark Twain’s can also be applied to models, which tend to create their own reality.

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