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Decisiontaking

27 Mar

We are currently working on our next book about strategic models. See above early sketches. If you understand this diagram, you understand more then we do!

Better never than late

4 Aug

Here’s a dilemma:
What’s worse: Committing a mistake early on or committing a mistake after having thoroughly adressed a problem? In other words: is it worse to make a mistake based on superficial judgement or doing a mistake believing you were absolutely right?

Science say: the latter is the worst. Manager loose more money if they ponder a question for a long time than if they make a quick but wrong decision. The bottom-line: better never than late.

Risk and Motivation

11 Dec

motivation_model

Atkinson claimed 1957: If one can choose the grade of complexity (difficulty) of a task individually and independently most of the decisions are taken in a mid-complexity-level. Too easy tasks or too difficult tasks can neither provoke a strong feeling of satisfaction nor a strong disappointment. Or the other way round: Highly motivated people often choose a realistic complexity of tasks whereas low motivated people choose tasks that are finally to easy or too difficult for them. Then Atkinson continued his studies with something, but we wanna have our afterwork beer and discuss our  new business idea for Web 3.0. Which we gonna start tomorrow. And be a millionaire in 2 days…

Management tool

1 Nov


Here’s a hands-on matrix for times like these. Well, maybe to late.

The Risk Management Matrix helps structuring “to dos” by splitting possible events into likelihood (how likely will it happen?) and impact (if it happens: how much will it influence me/the company).

Ego and social behaviour

15 Oct

This is a comprehensive way to pinpoint your colleagues at work, including your boss(es). Where do you find yourself in this scheme? Somebody who is coordinating, leading and taking initiatives might fit best into the upper left quadrant. A person who is working best in team, agreeing a lot and helping others might fit best into the lower left quadrant. If you (or your subject of investigation) is evasive, admitting and offtaking, you might be placed into the lower right quadrant. A dominant and isolated person shows tendencies of superior analytical skills, but also he might be also condemning and opposing. 

It is important to use this scheme at the moment. You might see tendencies, but normaly everyone can be put in every corner, depending on the situation.