Is it possible to alter your company's environment such that you enable your employees to make better decisions?
In this Harvard Business Review article, John Beshears and Francesco Gino took the two leading causes of poor decision making: "insufficient motivation and cognitive biases," and "developed an approach for structuring work to encourage good decision making."
The plan, outlined in this article, consists of five basic steps. "(1) Understand the systematic errors in decision making that can occur, (2) determine whether behavioral issues are at the heart of the poor decisions in question, (3) pinpoint the specific underlying causes, (4)redesign the decision-making context to mitigate the negative impacts of biases and inadequate motivation, (5) rigorously test the solution."
Download this Harvard Business Review article to read the details behind the approach to structuring your organization's work to encourage wise choices.
