Decision Making

Amount of Sugar in Your Blood Impacts Decision-Making Big Time!

You get a lot of advice on how to make better decisions – sleep on it, shop around, go with your gut and so on.  Although a lot of this type of advice sounds like common sense it can be loaded with cognitive biases and decision traps.

Learning to make better decisions is a big part of what YourNextBrain! (improving your mind and brain) is about so it will be a frequent topic on this blog.  We will look at two aspects:

  1. Uncovering the biases and traps in everyday decision-making and talking about how to manage them.
  2. Discussing what decision-making advice holds up under scientific study and how to put it to use.

For example, a recent study reported on the Physorg blog, Got a Decision to Make? Get Some Sugar in Your System, found that our ability to delay gratification is improved if we have sugared up.  More specifically, they found that taking a sugary drink actually improves our ability to focus on a larger future payoff versus a smaller but more immediate payoff.  This is key for making many types of decision especially about managing money and health. It also supports the common sense advice of never go food shopping hungry.

Higher blood sugar levels means you are less likely to decide impulsively.

Read more…

10 comments - What do you think?  Posted by Mark Clare - February 3, 2010 at 1:55 am

Categories: College Student, Decision Making, Diet   Tags:

Critical Reasoning Sharpens the Mind But Takes Mega Effort to Develop

Thinking or reasoning critically is a key cognitive skill. It means we know how to question assumptions, see the logic or lack of logic in an argument, draw sound conclusions from evidence, find root concepts and causes, generate possibilities systematically, avoid decision traps and cognitive biases, see things from multiple points of view and otherwise rigorously deal with ambiguity.

Critical thinking is so important that it has been a major area of focus since the time of the ancient Greek philosophers.   But it is not just a philosophical thing. For example, in a recent post on the Harvard Business Review’s blog How Leaders Should Think Critically, the authors argue that it is a fundamental skill for today’s business leaders and students.  Of course the same arguments apply to non-business school students and leaders as well as everyone trying to make their way in today’s complex society.

In short, enhancing critical thinking is an important option for anyone interested in building a sharper mind and will be a regular topic on this blog.

But how can you improve it?  Self-study using a book or web resource is a good way. I’ll make a couple of recommendations below. You can also scout out a class or seminar at a location near you.  For those who like a more guided approach,  you can contract the services of a tutor or philosophical counselor.

No matter how you start please be sure to share your experiences with other readers of this blog.

For a good introductory text on critical reasoning see, Thought and Knowledge: An Introduction to Critical Reasoning. It is relatively inexpensive, easy to read and covers basic and advanced topics.  It has a more psychological than philosophical orientation and provides nice chapter summaries. You can access it online on Questia here.

For a very comprehensive free treatment, check out Critical Reasoning a User’s Manual (version 3.0). It is a 640-page (3 MB) PDF. It is also available online in the document reader Scribd here.

Both these resources will take an enormous effort to get through! If you are aware of a better general introduction please comment on this post. In the meantime, I will blog on specific techniques that you can use to build critical reasoning skills with much less effort.

18 comments - What do you think?  Posted by Mark Clare - February 1, 2010 at 7:10 pm

Categories: Ancient Ways, Books, Decision Making, Problem Solving, Training   Tags: ,

Use Integrative Thinking to Crack Hard Problems

There are literally dozens of methods you can use to solve problems.  We will try to cover all of them in this blog. The latest crop are driven by the idea that we can become better problem solvers if we learn to think like professionals that are really good problem solvers. Makes sense.  For example, in design thinking we try to think like a successful designer or in leadership thinking we try and think like a highly effective leader.

One approach to think-like-a-leader that has worked for me comes from the Rotman School of Management at the University of Toronto. It is called integrative thinking.  In essence it is:

“the ability to constructively face the tensions of opposing models, and instead of choosing one at the expense of the other, generate a creative resolution of the tension in the form of a new model that contains elements of the individual models, but is superior to each. “

Easy to say but hard to do.  The payoff  however can be enormous as this often used quote by F. Scott Fitzgerald suggests:

“The test of a first-rate intelligence is the ability to hold two opposing ideas in mind at the same time and still retain the ability to function”

In the language of this blog integrative thinking is an important option for building Your Next Brain!

To dig deeper check out the book, The Opposable Mind: How Successful Leaders Win Through Integrative Thinking.  You can get a free preview of the book here. Or if you have more money to spend and want some personal training consider the 3-day executive program in Toronto this April. I will blog on my experiences later. Meanwhile please share your ideas and experiences with integrative thinking techniques.

1 comment - What do you think?  Posted by Mark Clare - January 27, 2010 at 12:55 am

Categories: Books, Decision Making, Executive, Leader, Problem Solving, Training   Tags: ,

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