Tag Archives: decision making

The Importance of Critical Thinking and Challenging Assumptions

There are many factors that are important to effectively practice the management improvement ideas that I have discussed in this blog for over a decade. One of the most important is a culture that encourages critical thinking as well as challenging claims, decisions and assumptions. I discussed this idea some in: Customers Are Often Irrational. There is a difference between saying people wish to have their desires met and people act in the manner to maximize the benefits they wish … Continue reading →

Posted in Data, Management, Process improvement, Psychology | Tagged , , , , , , , , , | 4 Comments

Customers Are Often Irrational

Penney Pinching “The first rule is that there are no irrational customers,” Drucker wrote in Management: Tasks, Responsibilities, Practices. “Customers almost without exception behave rationally in terms of their own realities and their own situation.” “in terms of their own realities and their own situation.” is a huge caveat. Essentially plenty of customers behave irrationally – by any sensible definition of rational. I agree, to make them customers and keep them as customers you need to develop theories that can … Continue reading →

Posted in Psychology | Tagged , , , , , , , | 6 Comments

Innovate or “Play it Safe” to Avoid Risk

The Xooglers blog has some really interesting posts. In one, “But, but, that’s just crazy talk!” [the broken link was removed], Doug Edwards discusses a great example of what true leadership is about. In my defense, my background conspired against me. Past public relations debacles had taught me always to evaluate worst-case scenarios before considering the possible benefits of any new initiative. “First, do no harm” had become my mantra. This is the reality of many people. There are many … Continue reading →

Posted in Creativity, Google, Innovation, Management, quote | Tagged , , , , | 2 Comments