11min chapter

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“It’s the mistake EVERY business makes” Rory Sutherland

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CHAPTER

Balancing Analytical and Creative Thinking in Business Decisions

This chapter explores the significance of integrating analytical and creative thinking in business scenarios, emphasizing the value of embracing failures, using asymmetry in decision-making, and differentiating between reversible and irreversible failures. It also highlights concepts like high variance decisions for brands and the Abilene Effect, with illustrative examples from various industries.

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