Since I increased my running I have adopted easy cycling in between. Nothing hard at all. But easy is boring! I want to head home in 30-minutes! A few weeks ago I decided to load up my podcasts and cruise along listening to various things from Harvard Business Review (HBR), to Gil Fronsdal’s Audio Dharma. It was superb. My easy ride suddenly doubled in length – just one more podcast!
My favourites (just to highlight how much of a geek I am) are Audio Dharma, HBR, Brain Science, Zencast,
Today HBR had “why smart people make bad decisions.” It was a quick summary of a few key points in a book out soon by Sidney Finkelstein. He surmised that smart people make bad decisions because of:
1. Prior experience – repeating the same process in a similar, yet different situation. So there is bias for a decision similar to the previous one that is in fact not best for this one.
2. Pre-judgments – and not adapting. Making a quick decision and almost accidentally ignoring other feedback.
3. Self-interest – even if it is subconscious.
4. Attachment – emotional instead of common sense.
