The Art of Decisions How to Manage in an Uncertain World

The Fast-Paced, Fun-to-Read Guide to Making Better Decisions! How much information do you really need to make a business decision? Why donrs"t past winners keep on winning? When should you fold your hand, and when should you press on? InThe Art of Decisions, Chris Blake reveals the amazing hidden realities beneath human decision makingand helps you optimize every decision you make. Blake begins by exploding the #1 myth of decision making: the idea that if you have enough knowledge, you can engineer away all risk and make a rational, objective decision thatrs"s nearly guaranteed to succeed. Next, Blake turns to the decision-making process itself, teaching better ways to make decisions in a world full of uncertainty, randomness, and tough luck. Drawing on the secrets of psychology, poker, and probability, yours"ll learn how to identify and overcome biases and errors that constantly creep into the decision-making process. Yours"ll discover the power and pitfalls of intuition in familiar and unfamiliar environments and learn "rules of thumb" drawn from fields as diverse as gambling and computer programming. Yours"re human. Yours"ll never be perfect. But if you want to be right more often, when it matters most, this book will get you there. bull; Decision-making lessons from Texas Holdrs"em What to do about the risks and randomness you canrs"t eliminate bull; Follow your instinct or follow the rules? When to use your intuition--and when to doubt it bull; Know when itrs"s time to decide How to know when you know enough bull; Make better decisions in unfamiliar environments Hire a guide or make a map?

Chris Blake brings an extraordinary spectrum of experience to this book. He has served as an accountant, a CEO of an international publishing company, a dot.com entrepreneur, an investment director of a private equity firm, a fundraiser and private investor in small and early-stage companies, a lecturer, and, last but not least, a poker player.