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Risk instinct and decision making: Deciding our way through life

Business Psych Blog

PCL’s Geoff Trickey was thrilled to share his insights on how we can optimise our decision-making abilities, for Research Features. Take a look > The post Risk instinct and decision making: Deciding our way through life appeared first on Psychological Consultancy (PCL).

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Risk types & team decision making…

Business Psych Blog

The different dispositions of these individuals will potentially have a far-reaching impact on other aspects of their lives as well as on any decisions they are making at work. Just like the two friends above, our decision-making propensities come naturally, just a part of our make-up – we take it for granted.

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How leaders can unblock the bottlenecks disrupting decision-making 

Work Life

A 2018 McKinsey survey of 1,200 global business leaders indicated that “inefficient decision-making costs a typical Fortune 500 company 530,000 days of managers’ time each year, equivalent to about $250 million in annual wages.” Compelling decisions To avoid bottlenecks in decision-making, you need compelling decisions.

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Your ultimate decision-making guide to help you make better choices faster

Work Life

We make hundreds of tiny and monumental decisions in our lives—from what coffee drink we want from the seemingly endless menu to what careers we should pursue. Too much information, too many choices, and a deep fear of making the wrong decision can cause you to ruminate for hours. Decision-making is one of them.

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What to do with low HPI scores

Business Psych Blog

Low Interpersonal Sensitivity supports clear, direct communication, holding others to account and objective decision making. Dissociation : Separating emotions from tasks, aiding decision-making. The post What to do with low HPI scores appeared first on Psychological Consultancy (PCL).

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Diversity in leadership: 6 steps to make it happen

Insperity

As more corporate leadership teams make diversity a priority in-house, they’re also extending their expectation of diversity to their suppliers. Diversity can drive decision-making by jobseekers, especially millennials and younger workers. Once you have buy-in, the next step is to consult with experts to plan your program.

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Multiple layers of management: pros and cons of organizational structures

Insperity

Centralized authority and top-down decision-making Uniform standards and typical well-defined roles and responsibilities, along with a clear chain of command In general, there is more direct managerial oversight, with greater numbers of managers overseeing fewer employees and in more targeted areas of focus Common with larger companies.