Tag: behaviours

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The Cognitive Diversity Advantage

Cognitive diversity, the variance in problem-solving approaches and perspectives within a team or organization, is often seen as a valuable asset. The comparison between the mindset of an entrepreneur and that of an engineer grand master provides a fascinating exploration of this concept.

The Entrepreneur: The ‘No Ice’ Approach

Entrepreneurs epitomize a mindset of ‘proving it right.’ They are quintessentially innovators, willing to take calculated risks, pushing boundaries, and constantly seeking opportunities for growth.… Read more

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Simplicity trumps Complexity when it comes to making things happen

Our contemporary business landscape is has increasingly swift transformations and growing complexity, driven by factors such as rapid technological progress, globalization, evolving consumer preferences, and a volatile competitive climate. Businesses and individuals must comprehend and make decisions amid a vast interconnected network of variables, often with incomplete information and under the pressure of stringent deadlines. Modern business is complex. Within this demanding environment, the potency of simplicity, especially as encapsulated in mental models, should be strikingly evident.… Read more

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Having a strategic discussion that matters

If you’ve ever been in a business meeting where the conversation turned to strategy, you know how quickly things can get confusing. Everyone has their own ideas and opinions, and it can be difficult to have an honest, productive discussion about what your company should be doing.

But fear not, there are ways to have a productive conversation about strategy without getting bogged down in semantics and conflicting viewpoints.… Read more

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Back to decision making … this time looking at how mindsets affect decisions

When it comes to making important decisions, many of us tend to get bogged down by the weight of the potential outcomes. We analyze, overthink, and agonize to the point where we either don’t make a decision at all, or we make a half-hearted one that leaves us feeling unsatisfied.

This is where the two-way-door rule comes in – a simple yet powerful approach to decision-making that cuts through the emotional clutter and builds a bias towards action.… Read more

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Another serious game to use to learn about strategy -“For Sale”

Serious games, leveraging the intrinsic motivation and engagement of gaming, have emerged as an innovative training technique in the business world. They have the potential to simulate real-world scenarios, enabling players to practice strategic decision-making, risk management, and resource allocation, among other vital skills, in a safe and controlled environment. The key to their effectiveness lies in their ability to present complex concepts in an interactive and engaging manner, promoting experiential learning, and encouraging critical thinking.… Read more