My Photo

Links

Leadership

Advertising


  • Do more with your digital pictures

  • Start Searching Now

  • Live Auctions Only at Foreclosure!!
  • The Blog Squad Catalogue


  • Privacy Policy
    We use third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. For example, Google, as a third party vendor, uses a DART cookie to serve ads on this site based upon your visit to our sites and other sites on the Internet. You may opt out of the use of the DART cookie by visiting Google ad and content network privacy policy at: www.google.com/privacy_ads.html. If you would like more information about this practice and to know your choices about not having this information used by these companies, please contact the Network Advertising Initiative (NAI) at (207) 467-3500 or www.networkadvertising.org.


« Decision Making: The Confirming Evidence Trap | Main | Three Forecasting Traps »

Decision Making: The Framing Trap

Business_ethics1Before making an important decision, prudent managers evaluate the situations confronting them — and often fall into one of the eight traps of faulty thinking.  The Framing Trap

While we cannot entirely rid ourselves of them, we can learn to understand the traps and compensate for them.

The first step in making a decision is to frame the question. It’s also one of the most dangerous; how you frame a problem can profoundly influence your choices.

The Antidote

Limit adverse effects by employing the following:

  • Don’t automatically accept the initial frame, whether it was formulated by you or someone else.  Always try to reframe the problem in various ways.
  • Try posing problems in neutral ways that combine gains and losses or embrace different reference points.
  • When others recommend decisions, examine the way they framed the problem. Challenge them with different frames.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c20b253ef00e5545b79128833

Listed below are links to weblogs that reference Decision Making: The Framing Trap:

Comments

Search This Site:


Subscribe Here

Syndicate blog


  • MSN Alerts


  • Subscribe in NewsGator Online



  • Add to Google

Books