PLANNING FOR SUCCESS: Overcoming The Planning Fallacy - E-book - ePub

Individuals and organizations sometimes tend to make plans and forecasts only for anxiety relief and for the appeasement of their egos rather than for adequate policy making and optimal planning. Successful plans need to be honest and realistic. Cognitive biases distort our perception of reality and influence our decision making in harmful ways but by studying and understanding these biases, we can become more aware of our own thought processes and make well informed decisions.
In today's fast-paced world, mastering the art of efficient planning is now more important than ever. Whether you're a busy professional, a manager, a business owner, a student juggling multiple responsibilities or a stay-at-home parent managing a household, effective planning can make a world of difference in your productivity and overall well-being. This book discusses the biases that cause us to make illogical plans and forecasts and proposes the best mechanisms to overcome them.