MGT 3120H Lecture Notes - Lecture 10: Peter Drucker, Unconscious Mind, Impulsivity
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Published on 19 Mar 2017
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Department
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Mar 15
MGT 3120 H
Last wall street journal before midterm
WSJ Articles: You’re not too busy, you’re just a little rude
Chapter 1
Chapter 2
Chapter 3
Chapter 10
Chapter 15
Chapter 16
45 questions - lecture
20 questions - wsj
20 questions - textbook
World is shades of gray:
● Procrastinate or avoid making a decision
● Feel more regret after decision making
● Thoughtful about making right choice
● Stay longer in unhappy relationships
● Appreciate multiple points of view
Black/White
● Make decision quickly, speak their minds
● More predictable in making decisions
● Less anxious about making wrong decision
● Shorter relationship conflicts
● Less likely to considers point of view
Is there any reason to suspect errors-driven byself-interest
● SELF-DECEPTION AND RATIONALIZATION DISTORT DECISION TOWARD ONE'S SELF
INTEREST
● Have the people fall in love with their ideas
○ When evaluating something we like, e minimize the risks and costs and exaggerate the benefits
● Have credible alternatives been considered
● Most people are too optimistic about future and attributes
● ex) physicians who were “completely certain” about a diagnosis we wrong 40% f the time
● people let emotions play too big a role in decision making
Take your emotional temperature before making a decision
● lower the emotional level
● Frame problem clarify issues
● Filter out emotions/ expectations
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find more resources at oneclass.com