Tag Archives: Risk

Two Types of Thinking

The Nobel Prize winning psychologist, Danny Kahneman, has just released an excellent book entitled Thinking, Fast and Slow. Kahneman is the grandfather of the cognitive science revolution, with significant contributions dating back to the early… Read more

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Stop The Blame! – Mistake-proof Instead

Recently it was reported that an ANA 737 en route to Tokyo nearly flipped over when a pilot pressed the wrong button on the control panel.  According to ANA, the pilot was attempting to turn a knob that unlocks the cockpit door and mistakenly… Read more

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Jumping To Conclusions – Base Rate Neglect

In his bestselling book Blink, Malcolm Gladwell describes the power of rapid, instinctive thinking.  He explains how medical doctors, counterintuitively, can make improved diagnoses with less information and analysis.  While there may be instances… Read more

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Earthquakes, Hurricanes and Business Continuity

Rare, twin natural disasters hit the densely populated northeast portion of the United States this past week.  First, an earthquake centered in Virginia caused minor damage, with vibrations felt from the Carolinas to Canada.  Then, Hurricane Irene… Read more

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