Idea to Value
JULY 14, 2023
One of the most cited-assessments of the bias from 2011 gives the following examples: When it comes to predicting what will happen to us tomorrow, next week, or fifty years from now, we overestimate the likelihood of positive events, and underestimate the likelihood of negative events. This is a cognitive bias known as the optimism bias.
HYPE Innovation
MARCH 22, 2022
And second, how can we increase the chance of success of collaborative projects between these asymmetric partners from the outset? While research on corporate-startup collaboration is not new , it has attracted increasing interest in recent years.
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Idea to Value
MARCH 23, 2022
For example, analysis of mutual fund managers in 2011 found nearly half of the managers did not themselves invest in the core funds they were advising customers to buy. One major type of project we sold, which clients often paid millions for, was the implementation of the newest version of SAP finance software.
Idea to Value
MARCH 15, 2022
The bias made waves when the research was first published in 2011 , showing how people would place a higher valuation on things they produced. The IKEA Effect results in people placing a disproportionately high valuation on things which they partially created, even if they are worse than higher-quality alternatives produced by someone else.
Idea to Value
NOVEMBER 26, 2021
Inner Work Life (from Teresa Amabile and Steven Kramer, The Progress Principle: 2011). Failing to support the person or project. Actively hindering a project. Decreased perceived value of the project. The workday events a person experiences interact with how the inner mind of the person feels on any particular day.
mjvinnovation
MARCH 13, 2019
She is the woman of the moment and can teach you a lot about agile project management! She is the woman of the moment and can teach you a lot about agile project management! In this article, in besides knowing better the Japanese sensation of the present, you will see what lessons she can bring us about agile project management.
Idea to Value
MARCH 26, 2020
And this is where so often, promising innovation projects fail. In fact, about 96% of innovation projects fail to make a return on investment. Even though they show promise, decision-makers and managers are afraid of what might happen if they were to implement innovation projects: What if the new innovative offering were to fail?
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