Challenges and Pitfalls of Decision-Making: Understanding Heuristics and Traps in Arriving at the Right Decision
This webinar provides research-based principles to help you get a critical leg up in arriving at the right decisions, even in the face of pressure and uncertainty. Decision-making has long been an area of scholarly study and this research forms the backbone of many techniques to making better choices. Decision-making has never been as important - and as useful - as it is now in our world of virtually limitless choice and overwhelming information.
Among the topics discussed in the webinar are: (1) Ways to avoid common critical thinking pitfalls and traps for individuals; (2) When and how to limit choices most appropriately; (3) Why "thinking harder" doesn’t necessarily help make better decisions; (4) Why individual biases make group decisions more difficult; and (5) Techniques for making big, important decisions like those relating to ethics.
We will take an in-depth look what works - and what doesn’t - when it comes to independently evaluating alternatives and making good assessments in a complicated, data-rich world.
Dr. Ethan Burris is an associate professor of management at the McCombs School of Business at The University of Texas at Austin. He earned his Ph.D. in management from Cornell University. He is the recipient of numerous teaching awards on topics relating to leadership, working with groups and teams, and negotiations. He was also named to the "Faculty Honor Roll" in 2008, 2010, 2011, and 2013, received the Hank & Mary Harkins Foundation Award for Effective Teaching in Undergraduate Classes in 2012, the Regents' Outstanding Teaching Award in 2011, the ING Professor of Excellence award in 2011, and the 2009 Trammell/CBA Foundation Teaching Award.
Dr. Burris' current research focuses on understanding (1) the antecedents and consequences of employees speaking up or staying silent in organizations; (2) leadership behaviors, processes, and outcomes; and (3) the effective management of conflict generated by multiple interests and perspectives. Dr. Burris has collected data from and served as a consultant for a variety of professional firms, ranging from a Fortune 100 insurance company, a Fortune 500 company in the casual dining industry, several financial services organizations, hospitals, a defense contracting company, a commercial real estate firm, governmental agencies, and many retail organizations.