Tag: decision making

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Team of teams by General Stanley McChrystal – leading teams to work effectively together

The book has a few essential ideas which are worth while but it takes quite a lot of background to get to them. Below are my key takeaways. The context for McChrystal was trying to get specialist units in very different parts of the military, who each worked incredibly effectively in their specific area, to … Continue reading Team of teams by General Stanley McChrystal – leading teams to work effectively together

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Human behavioural motivations and insights with Rory Sutherland

Here is a facinating conversation between Shane Parish of Farnam Street and Rory Sutherland, the Vice Chairman of Ogilvy & Mather Group, one of the largest advertising companies in the world. Rory started the behavioral insights team at OM and spends his days applying behavioral economics and evolutionary psychology to solve problems for their clients. The conversation … Continue reading Human behavioural motivations and insights with Rory Sutherland

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Improving decision making in committees

A review of decision making literature from UCL on what makes for good decisions in committees is particularly relevant for investment committees: 1. Diversity of participants (functional diversity) with different independent expertise or knowledge makes optimal decision making more likely (finding global rather than local maxima more likely with different starting points for the mathematical … Continue reading Improving decision making in committees