What do governments, businesses and individuals have in common? They’ve all invested time and money in forecasting how long a project will take to complete. Despite the forecasting, every one of them ...
Below are past conversations I've had with students. They are typical of discussions I have every time an assignment is due. Student One: Professor Akil, I forgot to print my references and I can’t ...
How often do you find yourself racing at the last minute to finish a task? If you’ve ever missed a deadline the planning fallacy may well be the culprit. Most people are more conscious about time and ...
“You have to deliver $300 million in incremental growth by 2015,” the business unit head told the leader of his innovation team. “That’s less than 5 percent of our revenues, so that should be quite ...
Strategic planning is difficult and its track record is notoriously bad. According to estimates, only 10-30 percent of all strategic plans get implemented as intended. One key reason is that people ...
Clear and rational thinking is essential for effective decision-making and communication in the work place. However, logical fallacies—errors in reasoning that undermine the logic of an argument—are ...