Volatility, uncertainty and error lead to unpredictable outcomes. This can be a major cause of stress. But volatility will help you if you have options that allow you to profit from the upside without bearing a large cost from the downside.
It’s almost July. Many of the projects that I set out to accomplish at the beginning of the year are still, well, waiting to be accomplished. Sound familiar to you? Read on for research-based tips on how to tame the procrastination demon.
The motivation to reduce cognitive dissonance drives much of our irrational behavior. We choose to deceive ourselves rather than admit we were wrong. Being able to recognize when we are in a state of dissonance can help us make better decisions and improve our relationships.
If asked how you make decisions, you might say it depends on the kind of decision and how quickly you need to decide. Do you follow a formalized process or framework for making decisions? Probably not. Although many of us are familiar with the classic decision-making process of understanding the problem, identifying and evaluating alternatives, [...]