Management Research

Management Research: Individual Heuristics at an Individual Level

Hello and welcome!

Finally, I continue with my mini-series on heuristics! This time, we talk about one of our papers, where we proposed to classify heuristics at individual and organisational levels, each containing individual and universal heuristics types. So, yes, it sounds weird - "individual individual level heuristics" but it seems to be correct. Each individual applies universal heuristics (those that I mentioned in one of my previous episodes, e.g. take-the-first or take-the-best heuristics) as well as s/he might have her/his individual explicit rules of thumb, such as "never touch a running system". The logic of System 1 information processing will still apply. You can discover more about this idea in this episode!

Enjoy, share, comment - e.g. share your rules of thumb with my listeners. 

Best

Eugene (Yevgen)

Management Research: Fututres Literacy - Mika Story

Hello everybody

 

Today, I share a story that appeared as a part of one of the tasks during a future(s) literacy workshop. In this task, participants have to change (or receive a change from the moderator) one of the main assumptions in our worldview. E.g. "what if there is no money?", "what if there is no competition?", "what if we cannot see the stars anymore?", or "what if research is not sponsored centrally but needs to collect via platforms like Kickstarter?". Your team has to write a story that elucidates what will happen to the rest of the world. 

This episode is a short summary of our story about a young researcher Mika who discovered that the only way to collect money for her research is to announce her topic via Kickstarter-like platforms.

Enjoy, comment, share your thoughts about your vision of this future and... let me know if you want to have more episodes on storytelling!

 

Best

Eugene (Yevgen)

Management Research: Futures Literacy vs Path Dependency

Welcome to the next episode of my podcast!

I decided to take a short break from our mini-series on heuristics. This and the next episode are dedicated to the topic of futures literacy. I have recently attended a futures literacy workshop and would like to share some thoughts with you.

I am going to talk about a theoretical contradiction between future(s) and path dependency. I am eager to hear your opinion about the topic in the comments section below. Or drop me an email with your ideas.

 

Enjoy, comment, share, and subscribe - it does matter!

Best

Eugene (Yevgen)

Management Research: A Heuristic on How to Select Whiskey

Hello everybody

As promised, I would like to share a situation where we applied the heuristics approach (System 1 thinking) to make a good decision. Moreover, System 2 thinking could not help us in this situation. The situation was a selection of a souvenir from Schotland - whiskey. Probably, some whiskey lovers would not agree with our approach but some would (and did when I talked to some business people during my seminar on heuristic decision-making in business).

I hope this approach will help you in your decision-making. Next week, I plan to explain the difference between individual and universal heuristics and how to become efficient and effective. 

Enjoy, comment (e.g. share your experience), share, and subscribe - it does matter!

 

Best

Eugene (Yevgen)

Management Research: Heuristics Examples

Hello, my dear friends, guests, and followers!

Today, I continue talking about the topic of heuristics. At the moment, we still remain at the individual level. But in a few episodes, we will move towards organisational heuristics. 

Today, I will provide you with some examples. Enjoy, apply, share, and subscribe - it does matter!

 

Faithfully

Eugene (Yevgen)

Management Research: Heuristics as a Necessary Evolutionary Mechanism

Hello dear listeners

Today, I talk again about heuristics. This time, however, we take the point of view of Gerd Gigerenzer - a big proponent of Systems 1 thinking. Professor Gigerenzer criticised the approach by Kahneman and Tversky and showed how to "make the bias disappear". 

Enjoy and apply this approach to make good/better decisions!

Best

Eugene (Yevgen)

Management Research: Heuristics as Biases

Hello everybody

 

In today's episode, I talk about the approach by Kahneman, Tversky and their followers. They approach System 1 thinking (i.e. heuristics) as biases. In all their research, they focus on how System 1 thinking does not allow System 2 thinking (i.e. analytic approach) to work properly. It is a prevalent approach and is dominating in the field of behavioural economics, behavioural finance, and strategic management. In the next episode, I will talk about the opposite approach. But for now, enjoy this short episode about heuristics as biases!

 

Faithfully

Eugene (Yevgen)

Management Research: Heuristics - Dual-process Theories

And welcome back to my podcast. I took a short vacation and did not post new episodes for some weeks. But today, I have started a new mini-series on heuristics. Heuristics are also called "mental shortcuts" in psychology and "rules of thumb" in management. Stay with me to learn more about this fascinating phenomenon!

Today we start with an overview of the theory (theories) behind heuristics. Enjoy, share, comment, and subscribe - it does matter!

 

Best

Eugene (Yevgen)

Management Research: Organisational Capabilities - Reflective Measurement

Hello after a long Holidays break!

Today, we finish our miniseries on organisational and dynamic capabilities by talking about the reflective way to measure a capability. This episode has been inspired by the paper by Cohen and Bacdayan, who proposed aspects of a routine that can be measured. And as any capability is a routine, they would perfectly apply.

Enjoy, comment, share, and subscribe - it does matter!

 

Best

Eugene (Yevgen) 

Management Research: Organisational Capabilities - Formative Measurement

Welcome to the next episode in our miniseries on organisational and dynamic capabilities!

Today, we talk about a formative approach to organisational capability. In a formative measurement, we measure the antecedents, i.e. elements that precede and jointly form a capability. It is important to measure all elements, as lacking even one of them may lead to a wrong estimation of the construct. 

I hope you enjoy this approach and share your ideas in the comments section in whatever app you are listening to this podcast.

 

Wish you all the best!

Eugene (Yevgen)