Have you ever wondered why it’s so hard to save money or stick to a long-term plan, even when you know it’s the best thing for you overall? The answer lies in a concept called time discounting, which refers to our tendency to value immediate rewards more than future ones. In this post, we’ll exploreContinue reading “Time Discounting and Its Impact on Productivity”
Tag Archives: Decision Making
How to Tackle Tough Decisions with the Six Thinking Hats Method
Listen on Spotify. When was the last time you and your team made a major decision together? Did you have to encourage others to over their opinion and give input? Did one person do all the taking? Once an idea was put forward, did everyone get on board with it without coming up with otherContinue reading “How to Tackle Tough Decisions with the Six Thinking Hats Method”
Why We Make Poor Decisions
Listen on Spotify. Researchers long believed that humans make well-considered, logical decisions. More recently though, studies have shown that there are several errors in the process that derail our thinking. While we sometimes make good decisions, we are prone to make emotionally driven, seemingly irrational choices. In this article, we’ll go through the various mentalContinue reading “Why We Make Poor Decisions”
Make Your Biz Fizz 