Concept of Satisficing

Leaders should choose a decision-making model before moving into problem-solving.

Good choices at defining moments on important matters make all the difference for people, organizations, and societies. Every time you are in front of a defining and complex problem, you have...

It was common well before the pandemic. Employees did their day jobs and then worked other jobs part-time to earn extra money or pursue their passions.

With staff members in the office and using company computers, it was reasonable to assume that work happening onsite was mostly related...

Would you rather have (A) $3 million upfront or (B) one penny that doubles in value every day for 31 days?

Choose any one!!

To maximise your gains, the correct answer is (B). But it doesn’t happen quickly. After 19 days you’d still only have $5,243 and you might feel pretty foolish ne...