A lively, research-based tour of nine common business decision-making traps—and practical tools for

avoiding them—from a professor of strategic thinking

We all make decisions all the time. It’s so natural that we hardly stop to think about it. Yet even the smartest and

most experienced among us make frequent and predictable errors. So, what makes a good decision? Should we trust

our intuition, and if so, when? How can we avoid being tripped up by cognitive biases when we are not even aware

of them?

In You’re About to Make a Terrible Mistake!, strategy professor and management consultant Olivier Sibony draws

on dozens of fascinating and engaging case studies to show how cognitive biases routinely lead all of us—including

even the most renowned business titans—into nine common decision-making traps. But instead of rehashing the same

old “debiasing” techniques that fail managers time and again, Sibony explains that the best way to avoid the pitfalls

of cognitive bias is to craft an effective decision-making architecture in your organization—a system of techniques

and processes that leverage collective intelligence to help leaders make the best decisions possible. And provides forty

concrete methods for doing so.

Distinctive in the clarity and practicality of its message, You’re About to Make a Terrible Mistake! distills the latest

developments in behavioral economics and cognitive psychology into actionable tools for making smart, effective

decisions in business and beyond.