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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.

Decision-making biases: 10 costly mistakes made by organizations

1000minds’ market simulator for conjoint analysis

Learn about 1000minds’ market simulator for modeling market shares, testing product offerings, "what-ifs", price sensitivity ("elasticity") and demand curves.

1000minds’ market simulator for conjoint analysis

Why are poor decisions made? Common decision-making mistakes explained

Learn why poor decisions happen, common mistakes to avoid, and how structured methods can reduce wasted time and resources and improve your decision-making.

Why are poor decisions made? Common decision-making mistakes explained

1000minds’ AI assistant: keeping humans in charge of AI assisted decision-making

1000minds decision-making software now includes an AI assistant powered by OpenAI services – but keeps you in the driver’s seat.

1000minds’ AI assistant: keeping humans in charge of AI assisted decision-making

‘Noisy’ expert judgments

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.

‘Noisy’ expert judgments

1000minds offers $2000 scholarships

Find out about 1000minds’ US$2000 scholarships for postgraduate research involving decision-making, conjoint analysis or discrete choice experiments (DCE).

1000minds offers $2000 scholarships

1000minds decision-making course available on GoSkills

Explore the 1000minds decision-making course on GoSkills, with tutorial videos, exercises and quizzes, to help you learn and apply valuable decision skills.

1000minds decision-making course available on GoSkills

What degree should you go for?

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.

What degree should you go for?

TUANZ announces Innovation Awards finalists

1000minds is a finalist for the TUANZ Education Award 2009.

TUANZ announces Innovation Awards finalists

New tools to help decision-makers get better value-for-money

Learn how 1000minds helps business and government decision-makers target better ‘value-for-money’ when allocating scarce resources across competing uses.

New tools to help decision-makers get better value-for-money

1000minds wins a Consensus Software Award

1000minds wins a Consensus Software Award

1000minds wins a Consensus Software Award

1000minds – finalist innovation

1000minds is a finalist for the 2006 Westpac Otago Chamber of Commerce Business Excellence Awards.

1000minds – finalist innovation

Valid, transparent & fair decision-making processes for access to elective health care

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.

Valid, transparent & fair decision-making processes for access to elective health care

More kudos for innovative software

1000minds, a program designed at the School of Business to help people and organizations make optimum decisions, continues to reap awards.

More kudos for innovative software

Sharpening up to woo US national security

Read about how 1000minds pursued opportunities in the US homeland security market with its award-winning decision-making and conjoint analysis software.

Sharpening up to woo US national security

Can’t make up your mind? Ask Point Wizard

Read about 1000minds at the Asian Wall Street Journal’s Asian Innovation Awards, celebrating ideas that improve quality of life or productivity globally.

Can’t make up your mind? Ask Point Wizard

Neck-to-neck fight for the GES Awards 2005

Read about the finalists, including Point Wizard (now 1000minds), for the Global Entrepolis @ Singapore Award for innovation and improving living standards.

Neck-to-neck fight for the GES Awards 2005

Asian Innovation Awards: contenders stress different ways of thinking

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.

Asian Innovation Awards: contenders stress different ways of thinking

Winner! Tuanz Healthcare Award 2005

Point Wizard [1000minds] won the 2005 TUANZ Healthcare Award.

Winner! Tuanz Healthcare Award 2005

Wizard development

Announcing a new software program designed to provide more accurate rankings of alternatives or individuals and better decision-making.

Wizard development

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