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The Power of Knowledge Sharing

Systems to manage the wealth of knowledge inside companies can help junior staff get a leg up in career advancement.

Knowledge management systems help connect workers to knowledge and other people regardless of physical distance.  They are wide-ranging and can vary from custom-designed knowledge repositories to web-based systems which comprise discussion forums, file sharing and organisation charts, to name but a few features.  There is no shortage of companies offering IT-based solutions to help harvest an organisation’s collective intelligence and these have only expanded in number since the advent of Web 2.0.  “Electronically linked communities”, “expertise locators” and “lessons-learned databases” will be familiar terms to Chief Knowledge Officers (CKOs)  ̶  those seeking to share wisdom throughout the organisation. But how much of an impact do these systems have on the careers of those using them?

Source: knowledge.insead.edu

See on Scoop.itBounded Rationality and Beyond

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The Importance of Doing Nothing

By giving the brain ‘downtime’ we can improve mental health and allow ideas to incubate.

“Learning without reflection is a waste, reflection without learning is dangerous” – Confucius

In today’s networked society we are at risk of becoming victims of information overload. Introspection and reflection have become lost arts as the temptation to ‘just finish this’ or ‘find out that’ is often too great to resist. But working harder is not necessarily working smarter. In fact slacking off and setting aside regular periods of ‘doing nothing’ may be the best thing we can do to induce states of mind that nurture our imagination and improve our mental health.

Source: knowledge.insead.edu

See on Scoop.itBounded Rationality and Beyond

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Why Mindful Individuals Make Better Decisions

Mindfulness is practiced in board rooms from Silicon Valley to Wall Street. But just how much does it improve the quality of your decision-making?

Five years ago when I introduced mindfulness to my MBA decision-making class it was perceived as something completely esoteric; there were maybe two or three students who could relate to the concept. Today, not only have most of them heard about it, many are practicing it. More and more corporations are offering mindfulness training to their employees. It’s being incorporated into negotiation techniques and leadership manuals, in fact every area of business where strong decisions are required.

While it’s generally accepted that mindfulness helps decision-makers to reach conclusions, there’s growing evidence the positive influence goes much further, impacting the way decisions are identified, made, implemented and assessed.

Close analysis of the latest mindfulness research, with Jochen Reb, Associate Professor of Organisational Behaviour at Singapore Management University, for a chapter in the upcoming book Mindfulness in Organisations, suggests that mindfulness techniques can have a positive effect on all our widely-recognised stages of the decision-making process.

Read more at http://knowledge.insead.edu/leadership-management/why-mindful-individuals-make-better-decisions-3479#VAc4Bzy00dzDBDj0.99

Source: knowledge.insead.edu

See on Scoop.itBounded Rationality and Beyond

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Daniel Kahneman Explains The Machinery of Thought | Farnam Street

Daniel Kahneman dissects the machinery of thought into two agents, system 1 and system two, which respectively produce fast and slow thinking.

Source: www.farnamstreetblog.com

See on Scoop.itBounded Rationality and Beyond

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Introduction to Cognitive Bias – YouTube

https://www.youtube.com/v/hYxXwbsN3Lw?fs=1&hl=fr_FR

“ RT @alphaarchitect: Introduction to Cognitive Bias: http://t.co/pyNbXNyaqe via @YouTube”

Source: www.youtube.com

See on Scoop.itMindfull Decision Making

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La décision dans un monde VICA (1/2)

Automne 1941. L’amiral américain Husband E. Kimmel,  commandant en chef de la flotte du Pacifique, a réuni son état-major. Les nouvelles sont mauvaises : la flotte japonaise a disparu et nul ne connaît ses intentions. Sont-elles belliqueuses ? Faut-il mobiliser l’armée des Etats-Unis qui ne sont pas encore en guerre ? Confusion, incertitudes, enjeux majeurs – la base de décision de l’Amiral n’est pas très confortable, aussi exhorte-t-il son état-major à « craquer le code radio des japonais » pour enfin savoir, afin qu’il puisse prendre « la meilleure des décisions ».

Source: www.comitans.ch

Premier de 2 articles sur la décision dans l’incertitude, publiés dans le Bulletin de la Société Fribourgeoise des Officiers.

See on Scoop.itMindfull Decision Making

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Are Women Better Decision Makers? – NYTimes.com

RECENTLY, Senator Kirsten Gillibrand of New York said that if we want to fix the gridlock in Congress, we need more women. Women are more focused on finding common ground and collaborating, she argued. But there’s another reason that we’d benefit from more women in positions of power, and it’s not about playing nicely.

Neuroscientists have uncovered evidence suggesting that, when the pressure is on, women bring unique strengths to decision making.

Mara Mather, a cognitive neuroscientist at the University of Southern California, and Nichole R. Lighthall, a cognitive neuroscientist now at Duke University, are two of the many researchers who have found that under normal circumstances, when everything is low-key and manageable, men and women make decisions about risk in similar ways. We gather the best information we can, we weigh potential costs against potential gains, and then we choose how to act. But add stress to the situation — replicated in the lab by having participants submerge their hands in painfully cold, 35-degree water — and men and women begin to part ways.

Source: mobile.nytimes.com

See on Scoop.itBounded Rationality and Beyond




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