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Today, we are joined by Dr. Graeme Codrington, Bestselling Author and Futurist. Dr. Codrington, is an internationally recognized futurist, specializing in the future of work. He helps organizations understand the forces that will shape our lives in the next ten years, and how we can respond in order to confidently stay ahead of change. For the past two decades, Graeme has worked with some of the world’s most recognized brands, traveling to over 80 countries in total, and speaking to around 100,000 people every year. He is the author of 5 best-selling books, and on faculty at 5 top global business schools. In this episode, we cover the world of decision-making through the concepts of System 1 and System 2 thinking as outlined by Daniel Kahneman. We explore cognitive biases such as confirmation, anchoring, availability, and status quo biases, with insights from experts and practical strategies for improvement. Lastly, we discuss how biases shape perceptions, influence behaviors, and affect organizational decisions. Learn about real-life examples, including a case study on Nokia, and discover ways to foster critical thinking and better decision-making for smarter leadership and personal growth. Graeme’s Website: https://www.graemecodrington.com/ Graeme’s LinkedIn: https://www.linkedin.com/in/graemecodrington/ - Website and live online programs: http://ims-online.com Blog: https://blog.ims-online.com/ Podcast: https://ims-online.com/podcasts/ LinkedIn: https://www.linkedin.com/in/charlesagood/ Twitter: https://twitter.com/charlesgood99 Chapters: (00:00) Introduction and Welcome (01:13) Tip: Understanding System 1 and System 2 Thinking (02:02) Tool: The Role of System 1 in Everyday Decisions (03:20) Tool: The Importance of System 2 for Critical Thinking (05:20) Technique: Identifying and Overcoming Cognitive Biases (06:30) Tip: Confirmation Bias Explained (11:52) Technique: Overcoming Confirmation Bias (13:05) Technique: The Scientist's Approach to Decision Making (17:10) Tool: Understanding Anchoring Bias (19:52) Tool: Exploring Availability Bias (26:13) Tool: The Impact of Status Quo Bias (31:16) Tools: Hindsight Bias and the Superhero Effect (35:07) Conclusion
