Home / SUMMARY - You're About to Make a Terrible Mistake!: How Biases Distort Decision-Making and What You Can Do to Fight Them by Olivier Sibony
* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes.
*As you read this summary, you will discover that all individuals are led to make bad decisions because of irrational judgment.
*You will also discover : the five families of cognitive biases that influence your decision making; why these biases cannot be corrected; how they can be controlled; what are the tools to mitigate their effect.
*You sometimes make decisions that are not always in your best interest: smoking, eating unbalanced food, not practicing sports... Without being aware of it, your actions are influenced by many cognitive biases. Obviously, these bad decisions also have repercussions at work. According to a study, 28% of managers believe that their company makes good strategic decisions. Rest assured, not all companies are run by incompetents. Only, in a context of failure, it is always more reassuring to find a culprit. How can we explain these behaviors and minimize them?
*Buy now the summary of this book for the modest price of a cup of coffee!