Tag Archives | decision making

How to Make Better Decisions

I always ask aspiring business people: How do you beat Bobby Fischer, the renowned chess champion of the 1970’s? The Answer: Play him at anything but chess. This excerpt is from the second chapter of Seymour Schulich’s book, Get Smarter: Life and Business Lessons. Schulich is a self-made billionaire and one of Canada’s greatest philanthropists, having…

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The Art and Science of Timing Decisions

Remember Malcolm Gladwell’s book called Blink? Gladwell argued that we should trust our snap judgments, using examples from science, advertising, medicine and music. These examples showed that spontaneous decisions were as good as, and usually better than, carefully considered ones. In Wait: The Art and Science of Delay, Frank Partnoy takes the exact opposite point of…

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