Why Decisions Fail Easyread Edition

[This book] analyzes ... the chains of blunders and bad judgments that led to fifteen legendary debacles, including the Firestone tire recall, EuroDisney, and Quaker's failed acquisition of Snapple. In each case, [the author] pinpoints exactly how and where the decision-making process went wrong and shows what managers in any organization can learn from these monumental fiascoes. Based on his analysis of 400 strategic decisions made by top managers in areas such as products and services, pricing and markets, personnel policy, technology acquisition, and strategic reorganization, [the author] estimates that two-thirds of all decisions are based on failure-prone or questionable tactics. He uses the fifteen monumental decision-making disasters to illustrate the potential consequences of these common tactical errors and traps ... He then details successful alternative approaches to decision-making.-Back cover.

Why Decisions Fail analyzes---in many cases for the first time anywhere---the chains of blunders and bad judgments that led to fifteen legendary debacles, including the Firestone tire recall, EuroDisney, and Quaker s failed acquisition of Snapple. In each case, author Paul Nutt pinpoints exactly how and where the decision-making process went wrong and shows what managers in any organization can learn from these monumental fiascoes. Based on his analysis of 400 strategic decisions made by top managers in areas such as products and services, pricing and markets, personnel policy, technology acquisition, and strategic reorganization. Nutt estimates that two-thirds of all decisions are based on failure-prone or questionable tactics. He uses the fifteen monumental decision-making disasters to illustrate the potential consequences of these common tactical errors and traps. Most importantly, he then details successful alternative approaches to decision-making.

Based on the his analysis of 400 strategic decisions made by top managers in areas such as products and services, pricing and markets, personnel policy, technology acquisition, and strategic reorganization, Nutt estimates that two-thirds of all decisions are based on failure-prone or questionable tactics. He uses the fifteen monumental decision-making disasters to illustrate the potential consequences of these common tactical errors and traps and then details successful alternative decision-making approaches. Why Decisions Fail translates decades of award-winning research into practical terms that managers can use to improve their own decision-making practices.

The must-read summary of Paul Nutt's book: "Why Decisions Fail: Avoiding the Traps and Blunders that Lead to Debacles". This complete summary of the ideas from Paul Nutt's book "Why Decisions Fail" shows that in order to make better decisions and avoid the debacles, you need to avoid the three blunders and seven traps that can lead to bad decisions. In his book, the author details each of these traps and blunders and how you can learn to spot and avoid them. This summary demonstrates how easy it is to replace your tactics and avoid these traps to increase your chances of success. Added-value of this summary: • Save time • Understand key concepts • Expand your knowledge To learn more, read "Why Decisions Fail" and discover how you can learn from others' mistakes and stay on the path to success.

Overwhelmed and paralyzed by your choices? Learn how to get it right the first time - improve your analysis, judgment, and intuition. Unfortunately, you can’t just rely on your gut instinct or “hunch” when you make decisions. There’s a science to improving your critical thinking, weighing pros and cons, and avoiding the traps that take you down the wrong path. Make smart decisions by catching your brain's built-in flaws. The Science of Intelligent Decision Making will teach you to seize control of your life and make sure your decisions aren’t making you. This book cites years of research and scientific studies about what constitutes a great decision and the factors that will inevitably lead you there. It is an in-depth look at human nature and psychology and why we make decisions in the way we do - for better or for worse. This book is packed with theory, but it is all practical and actionable. Use these mental models and pieces of analysis on your decisions TODAY. Think more quickly and more thoroughly – at the same time. Peter Hollins has studied psychology and the human condition for over a dozen years. This book contains tactics pulled from his personal experience, as well as some of the most famous studies in decision theory and social psychology to help you make snap decisions. Beat analysis paralysis and eliminate indecision. •Learn your subconscious motivations, needs, and desires that hijack your brain. •Discover the surprising causes and cures for decision fatigue. •Over 10 of the most dangerous cognitive biases and decision traps. •How to make your pros and cons lists incredibly useful and illuminating. Make smart choices and never have “buyer’s remorse” regrets again. •The 6 Hats Method of intelligent decisions and how you can inhabit different perspectives. •The WRAP method of planning for failure in decisions. •How to think outside the box and creatively solve problems.