Provides three steps to better decision making : challenge the constraints, embrace a premortem, and check the basics.
We all make thousands of decisions each day. How can you optimize your decision making by restructuring the steps you take before you decide? Our firm utilizes immersive team-based simulations that mimic the decisions they make in the real world to train corporate leaders around the world to better prepare them for the challenges ahead. We get to work with some of the most innovative companies on the planet and get to witness first hand what truly effective decision making looks like in action. We have distilled our findings into a three step method you can use no matter the decision you face.

Provides an overview of game theory. (There is also another video on this topic.)

Describes seven methods for making decisions in groups. (There are two other videos on this topic.)

Describes the wisdom of crowds ie how groups make better decisions. (There are two other videos on this topic.).

Provides an overview of game theory. (There is also another video on this topic.)

Provides a critique of rational decision making, describing instead expected utility theory that works in a world of risk and heuristics that work in a world of uncertainty.

Describes how to make better decisions in groups. (There are two other videos on this topic.).
The animation and briefing on making better decisions in groups is based on the research work of Dr Dan Bang and Professor Chris Frith FRS, (“Making better decisions in groups”, Dan Bang and Chris Frith, Royal Society Open Science, 2017. It introduces the key concepts around improving decision making in groups with the aim of alerting Royal Society committee chairs and panel members to consider that by pooling diverse information and different areas of expertise, groups can make better decisions than individuals.

Provides a brief introduction to rational decision making.

Discusses the difference between engineering (starts with a solution) and design thinking (starts with a curiosity).

Describes what critical thinking is and five steps to enhance it. (There is another video on this topic.)

Looks at how different kinds of questions encourage better critical thinking (What, Why and How). Aim is to move students away from rote learning which is used in some countries. (There is another video on this topic.)

Discusses biases that affect our decision making.

Provides an explanation of heuristics and their benefits. (There is another video on this topic.)

Describes the dilution effect. What's the best way to make a good point? Organizational psychologist Niro Sivanathan offers a fascinating lesson on the "dilution effect," a cognitive quirk that weakens our strongest cases -- and reveals why brevity is the true soul of persuasion.

Provides an explanation of heuristics or rules of thumb for making quick decisions. (There is another video on this topic.)

Describes ten cognitive biases and provides suggestions for how to overcome them.

Provides an overview of the paper "Judgment under uncertainty: heuristics and biases" by Amos Tversky and Daniel Kahneman.

Describes how to uses biases to 'nudge' people into making better decisions.

Provides an explanation of confirmation bias. Only if you are truly open to the possibility of being wrong can you ever learn, says researcher Alex Edmans. In an insightful talk, he explores how confirmation bias -- the tendency to only accept information that supports your personal beliefs -- can lead you astray on social media, in politics and beyond, and offers three practical tools for finding evidence you can actually trust. (Hint: appoint someone to be the devil's advocate in your life.)