Decision-making biases: 10 costly mistakes made by organizations
Cognitive biases quietly shape high-stakes decisions in every organization. Here are the 10 potentially most costly biases – and how to avoid them.
Keep up with 1000minds news, industry updates, and solutions.
Cognitive biases quietly shape high-stakes decisions in every organization. Here are the 10 potentially most costly biases – and how to avoid them.
Learn about 1000minds’ market simulator for modeling market shares, testing product offerings, "what-ifs", price sensitivity ("elasticity") and demand curves.
Learn why poor decisions happen, common mistakes to avoid, and how structured methods can reduce wasted time and resources and improve your decision-making.
1000minds decision-making software now includes an AI assistant powered by OpenAI services – but keeps you in the driver’s seat.
Learn about Daniel Kahneman’s book, “Noise: A Flaw in Human Judgment”, and how to make better decisions by applying criteria, weights and structured methods.
Find out about 1000minds’ US$2000 scholarships for postgraduate research involving decision-making, conjoint analysis or discrete choice experiments (DCE).
Explore the 1000minds decision-making course on GoSkills, with tutorial videos, exercises and quizzes, to help you learn and apply valuable decision skills.
Find out how Graduate Factory helped students choose what to study at university, supporting one of life’s biggest education and career decisions and pathways.
1000minds is a finalist for the TUANZ Education Award 2009.
Learn how 1000minds helps business and government decision-makers target better ‘value-for-money’ when allocating scarce resources across competing uses.
1000minds wins a Consensus Software Award
1000minds is a finalist for the 2006 Westpac Otago Chamber of Commerce Business Excellence Awards.
Deciding who gets publicly-funded heart surgery is difficult but the use of world-class internet based software is providing a fairer system for patients.
1000minds, a program designed at the School of Business to help people and organizations make optimum decisions, continues to reap awards.
Read about how 1000minds pursued opportunities in the US homeland security market with its award-winning decision-making and conjoint analysis software.
Read about 1000minds at the Asian Wall Street Journal’s Asian Innovation Awards, celebrating ideas that improve quality of life or productivity globally.
Read about the finalists, including Point Wizard (now 1000minds), for the Global Entrepolis @ Singapore Award for innovation and improving living standards.
Read about Point Wizard (now 1000minds) being one of six finalists for the Global Entrepolis@Singapore Award, co-presented by The Asian Wall Street Journal.
Point Wizard [1000minds] won the 2005 TUANZ Healthcare Award.
Announcing a new software program designed to provide more accurate rankings of alternatives or individuals and better decision-making.
Can’t find what you’re looking for? Contact us.