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You'Re About to Make a Terrible Mistake!

How Biases Distort Decision-Making and What You Can Do to Fight Them
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( 687 ratings, 90 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
You're About to Make a Terrible Mistake! by Olivier Sibony explores how cognitive biases often lead to poor decision-making in professional settings. Drawing on behavioural economics, the book provides insight into the ways people can overcome these biases to improve the quality of their decisions. It offers practical strategies for recognising and addressing errors in judgment, making it a valuable resource for anyone looking to enhance their decision-making skills.
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this engaging read if you're curious about decision-making processes and how to avoid common pitfalls in thinking. It offers practical insights for improving judgement by examining biases and providing strategies to make better choices, appealing to both professional and personal spheres.

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You'Re About to Make a Terrible Mistake!

You're About to Make a Terrible Mistake! distils the latest developments in behavioural economics and cognitive psychology into actionable tools for making smart, effective decisions in business and beyond.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

'A masterful introduction to the state of the art in managerial decision making. Surprisingly, it is also a pleasure to read.' - Daniel Kahneman, author of Thinking Fast and Slow

We all make decisions all the time. It's so natural that we hardly stop to think about it. Yet even the smartest and most experienced among us make frequent and predictable errors.

So, what makes a good decision? Should we trust our intuitions and if so, when? How can we avoid being tripped up by cognitive biases when we are not even aware of them?

In You're About to Make a Terrible Mistake!, strategy professor and management consultant Olivier Sibony draws on dozens of fascinating and engaging case studies to show how cognitive biases routinely lead all of us - including even the most renowned business titans - into nine common decision-making traps.

Distinctive in the clarity and practicality of its message, You're About to Make a Terrible Mistake! distils the latest developments in behavioural economics and cognitive psychology into actionable tools for making smart, effective decisions in business and beyond.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

You're About to Make a Terrible Mistake! is praised for its clear, engaging approach to decision-making, merging scientific insights with practical advice. The book is highlighted for its wit, usefulness, and effectiveness in addressing cognitive biases, making it valuable for both business and everyday life. Reviewers commend Olivier Sibony's skill in simplifying complex ideas into an accessible narrative, suggesting it as essential reading for leaders and decision-makers.

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Book Details

INFORMATION

ISBN: 9781800750333

Publisher: Swift Press

Format: Paperback / softback

Date Published: 01 July 2021

Country: United Kingdom

Imprint: Swift Press

Audience: General / adult

DIMENSIONS

Width: 129.0mm

Height: 198.0mm

Weight: 0g

Pages: 336

About the Author

Olivier Sibony is an Affiliate Professor of Strategy at HEC Paris and an Associate Fellow at Said Business School, Oxford University. Previously, he spent 25 years in the Paris and New York offices of McKinsey & Company, where he was a senior partner. Sibony's research on improving the quality of strategic decision making has been featured in many publications, included Harvard Business Review and MIT Sloan Management Review. He is a graduate of HEC Paris and holds a PhD from Paris Sciences et Lettres University. He is a co-author, with Daniel Kahneman, of the forthcoming Noise.

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