Strategic Decision Making in a nutshell
This article is my summarized point-of-view on Strategic Decision Making. Since I live in Cape Town, South Africa, it also brings a touch...
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Wayne Borchardt
Jul 22, 20176 min read
Judge decision quality on process, not outcome
30 second summary: the quality of a strategic decision should be judged on the process followed to arrive at that decision and not the...
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Wayne Borchardt
Jul 9, 20174 min read
Why care NOW about strategic decision making?
What a ride we’ve had in the last 12 months: Brexit. Trump. London suffered four terror attacks. Bitcoin’s value increased by 500%. And...
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Wayne Borchardt
Jun 26, 20174 min read
The even swap method
Sometimes a simple idea is remarkably powerful. The “even swap method” is such. First published in 1988 in HBR [1] and subsequently...
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Wayne Borchardt
Jun 13, 20174 min read
To be liked or to be right?
We don’t always do the right thing, even when we know what’s right. The “optimal unstoppable shot” in soccer is to go left or right for...
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Wayne Borchardt
May 14, 20173 min read
Diagnosing where our decisions go wrong
There is no shortage of strategic decision failures, through missed opportunities and/or bad (or reckless) choices. Missed opportunities...
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Wayne Borchardt
Apr 30, 20173 min read
The four humbling blows to humanity
It seems that over the ages and to this day our natural state is one of hubris. We are the centre of the universe. We are unique in the...
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Wayne Borchardt
Apr 16, 20176 min read
Strategic Decision Making in the Augmented Age
In this article: 1. Remember “the Information Age”? We’re now in “the Augmented Age”. 2. In the Augmented Age, machines will impact all...
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Wayne Borchardt
Apr 2, 20172 min read
Peer pressure for good
Have you used your FitBit or Garmin to compare your steps last week to a friend’s? Increasingly, we have the means, and it seems the...
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Wayne Borchardt
Mar 19, 20173 min read
The necessity and power of Strategic Insight
In "We need critical thinkers and creative thinkers!" I wrote about Gary Klein’s observation that for great strategy we should not only...
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Wayne Borchardt
Mar 5, 20175 min read
Copulating white turtles
In the mid-1960s the architect Jørn Utzon left Australia due to the controversy of his massively over budget and delayed project. This...
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Wayne Borchardt
Feb 26, 20173 min read
What gives you Flow?
In this short article, I touch on three topics, viz. Flow, Attention, System 1 and 2, and then discuss how they might relate to each...
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Wayne Borchardt
Feb 19, 20174 min read
The Diversity Multiplier
Diversity has become a central topic in organizations. As an avid podcast listener it is nigh impossible to listen to more than a few...
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Wayne Borchardt
Feb 12, 20173 min read
When losses loom ...
Brexit and Trump provided plenty of fodder for the behavioural science community. I enjoyed reading the multiple, diverse explanations...
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Wayne Borchardt
Feb 5, 20173 min read
We need critical thinkers and creative thinkers!
Exploring behavioural science can be quite humbling. It shows us how easily and profoundly misled and distorted our thinking can be....
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Wayne Borchardt
Jan 29, 20173 min read
Natural frequencies. No, it's not woo.
Let’s start with a simple problem. There is a deck of 4 cards: 2 aces, 2 kings. You pull 2 cards from the deck (without replacement)....
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Wayne Borchardt
Jan 22, 20173 min read
Good people do bad things. Why?
This article is extensively based on an excellent course on ethical decision making by the Professors Palazzo and Hoffrage, both at the...
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Wayne Borchardt
Jan 15, 20174 min read
Success = Talent + Luck, but Great Success = ...
Let’s start with this thought experiment. Imagine that in 1995 there were 1,000 eager MBA graduates from a variety of prestigious...
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Wayne Borchardt
Jan 8, 20178 min read
Trick or Treatment?
Firstly, an acknowledgement to Simon Singh and Edzard Ernst for the title of this article. Much of the content in this article is drawn...
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Wayne Borchardt
Dec 11, 20163 min read
Should you make decisions like Sheldon?
I’m often accused (although I take it as a back-handed compliment) by my wife and others of being like Sheldon, the fictional character...
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