Structured Brainstorming

Structured Brainstorming

Structured brainstorming is a systematic approach to generating creative ideas, solutions, or innovations within a structured framework. It is a collaborative process that involves a group of individuals working together to address challenges, explore opportunities, or tackle complex problems. Structured brainstorming is widely used in various settings, including business, education, research, and creative endeavors.

The Significance of Structured Brainstorming

Structured brainstorming holds significant importance for several reasons:

  • Idea Generation: It is a powerful tool for generating a wide range of ideas and potential solutions to problems.
  • Collaboration: Structured brainstorming encourages collaboration and teamwork by involving multiple perspectives and diverse expertise.
  • Innovation: It fosters innovation by providing a structured approach to exploring new concepts and approaches.
  • Problem-Solving: It aids in problem-solving by breaking down complex issues into manageable components and generating potential solutions.
  • Decision-Making: Structured brainstorming can inform decision-making by presenting a variety of options and viewpoints.

Principles of Structured Brainstorming

Understanding structured brainstorming is guided by several key principles:

  • Divergent and Convergent Thinking: It involves both divergent thinking (generating a wide range of ideas) and convergent thinking (evaluating and selecting the most promising ideas).
  • Open and Inclusive: Structured brainstorming should be open and inclusive, allowing all participants to contribute without judgment.
  • Rules and Guidelines: It often follows specific rules and guidelines to maintain focus and structure.
  • Iterative Process: Structured brainstorming can be an iterative process, with multiple rounds of idea generation and evaluation.
  • Facilitator: A facilitator may be appointed to guide the process and ensure that it adheres to the principles.

Key Components of Structured Brainstorming

To understand structured brainstorming fully, it’s essential to consider its key components:

  • Problem Definition: Clearly define the problem or challenge that the brainstorming session aims to address.
  • Diverse Participants: Involve participants with diverse backgrounds, perspectives, and expertise relevant to the problem.
  • Structured Format: Follow a structured format or framework that outlines the process, rules, and objectives.
  • Idea Generation: Engage in idea generation activities, such as brainstorming sessions or creative exercises.
  • Idea Evaluation: Evaluate and prioritize the generated ideas based on predetermined criteria.
  • Action Planning: Develop an action plan that outlines how selected ideas will be implemented or further developed.

Techniques for Structured Brainstorming

Structured brainstorming can be facilitated through various techniques, including:

  • Brainstorming Sessions: Traditional brainstorming sessions involve a group of participants generating ideas and sharing them openly.
  • Mind Mapping: Participants create visual representations of ideas and their relationships using mind maps.
  • SWOT Analysis: Structured analysis of strengths, weaknesses, opportunities, and threats can lead to idea generation and strategic planning.
  • SCAMPER: An acronym-based technique that encourages participants to Substitute, Combine, Adapt, Modify, Put to another use, Eliminate, or Reverse elements of an idea.
  • Six Thinking Hats: Developed by Edward de Bono, this technique assigns different “hats” to participants, representing different thinking styles (e.g., creativity, critical thinking, emotions) during the brainstorming process.

Benefits of Structured Brainstorming

Structured brainstorming offers several benefits:

  • Diverse Ideas: It generates a wide range of diverse ideas and perspectives.
  • Efficient Process: Structured brainstorming follows a systematic process, making it more efficient and focused.
  • Collaboration: It encourages collaboration and team engagement.
  • Idea Prioritization: The process includes mechanisms for evaluating and prioritizing ideas.
  • Innovation: Structured brainstorming fosters innovation by exploring new concepts and approaches.

Applications of Structured Brainstorming

Structured brainstorming finds applications in various fields and scenarios:

  • Business Strategy: It is used to develop strategic plans, product innovations, and marketing campaigns.
  • Research and Development: Structured brainstorming helps in generating ideas for research projects and scientific inquiries.
  • Education: Educators use structured brainstorming to engage students in critical thinking and idea generation.
  • Creative Arts: Artists, writers, and musicians employ structured brainstorming techniques to inspire creativity and develop new works.
  • Problem Solving: It is valuable in addressing complex problems and finding practical solutions.

Real-World Implications of Structured Brainstorming

The practice of structured brainstorming has real-world implications in various scenarios:

  • Innovation and Product Development: Structured brainstorming drives innovation in the development of new products, services, and solutions.
  • Business Growth: Companies that incorporate structured brainstorming into their processes are more likely to identify opportunities for growth and improvement.
  • Education and Training: Structured brainstorming in education enhances students’ critical thinking skills and problem-solving abilities.
  • Policy and Decision-Making: Structured brainstorming can inform policy development and decision-making processes by generating diverse options and perspectives.
  • Creative Industries: In creative fields such as advertising, film production, and design, structured brainstorming is essential for generating fresh ideas and concepts.

Strategies for Effective Structured Brainstorming

Implementing structured brainstorming effectively requires specific strategies and approaches:

  1. Clear Objectives: Define clear objectives and goals for the brainstorming session to keep participants focused.
  2. Diverse Participants: Ensure a diverse group of participants with varied backgrounds and expertise.
  3. Facilitator: Appoint a facilitator to guide the process, manage time, and maintain order.
  4. Structured Format: Follow a structured format or framework that outlines the process and rules.
  5. Idea Evaluation: Establish criteria for evaluating and prioritizing ideas to ensure the most promising ones are considered.
  6. Action Planning: Develop an action plan to implement or further develop selected ideas.

Challenges and Considerations

Structured brainstorming comes with its challenges and considerations:

  • Group Dynamics: Group dynamics can influence the effectiveness of structured brainstorming, including issues related to dominance, conformity, or groupthink.
  • Overcoming Resistance: Participants may resist structured brainstorming due to skepticism about its effectiveness or a preference for traditional methods.
  • Time Constraints: Structured brainstorming sessions can be time-consuming, which may not always be practical.
  • Creativity and Innovation: Balancing structure and creativity can be challenging, as excessive structure may stifle innovation.
  • Cultural Sensitivity: Consideration of cultural differences and sensitivities is essential when involving diverse participants.

Conclusion

Structured brainstorming is a valuable approach to idea generation, problem-solving, and decision-making that offers a structured and systematic framework for collaborative creativity. Understanding the principles, key components, techniques, benefits, applications, real-world implications, strategies for effective implementation, challenges, and the significance of incorporating structured brainstorming into various aspects of problem-solving and decision-making is essential for individuals, teams, organizations, and educators seeking to foster innovation and achieve their goals.

By embracing structured brainstorming, we can harness the collective creativity and expertise of diverse participants, leading to the generation of novel ideas, innovative solutions, and informed decisions. In doing so, we promote collaboration, innovation, and effective problem-solving across a wide range of domains and industries.

AspectStructured Brainstorming
DefinitionA creative problem-solving technique that encourages group collaboration and idea generation through a structured process.
PurposeFacilitates the generation of innovative ideas, solutions, and strategies to address specific challenges or opportunities.
ProcessDefine Objective: Clearly articulate the problem or goal to be addressed.
Generate Ideas: Encourage participants to freely brainstorm ideas without criticism or judgment.
Organize Ideas: Group and categorize similar ideas to identify common themes or patterns.
Evaluate Ideas: Assess the feasibility, novelty, and potential impact of each idea.
Select Solutions: Decide on the most promising ideas to pursue further or implement.
TechniquesBrainwriting: Participants silently write down ideas before sharing them with the group.
Round-Robin Brainstorming: Each participant contributes one idea in turn until all ideas are exhausted.
Mind Mapping: Create visual representations of ideas and their relationships to stimulate creative thinking.
BenefitsDiverse Perspectives: Engages participants from different backgrounds and expertise to generate a wide range of ideas.
Enhanced Creativity: Fosters a supportive environment that encourages unconventional thinking and risk-taking.
Improved Decision-Making: Enables informed decisions based on a comprehensive exploration of various options.
ChallengesGroupthink: Risk of conformity or self-censorship, leading to a narrow range of ideas or solutions.
Dominant Personalities: Certain individuals may dominate discussions, overshadowing contributions from others.
Idea Overload: Large volumes of ideas may be difficult to manage or prioritize effectively.
ImplementationSet Clear Objectives: Define the problem statement and desired outcomes before starting the brainstorming session.
Establish Ground Rules: Encourage active participation, open-mindedness, and respect for all ideas, regardless of origin.
Facilitate Moderation: Designate a facilitator to guide the session, manage time, and ensure all voices are heard.
OutcomesInnovative Solutions: Generates novel ideas and approaches to solve complex problems or capitalize on opportunities.
Team Cohesion: Fosters a sense of teamwork and collaboration among participants, leading to shared ownership of solutions.
Actionable Plans: Identifies actionable steps and strategies to implement selected ideas and achieve desired outcomes.
TechniqueDescriptionWhen to Apply
Mind MappingVisualizes ideas and their relationships.When exploring connections between ideas.
BrainwritingSilent brainstorming where participants write down ideas.When you want to encourage individual input without group influence.
SCAMPERModifies existing ideas through Substitute, Combine, Adapt, Modify, Put to another use, Eliminate, Reverse.When you need structured creativity to improve or change an idea.
Round-Robin BrainstormingParticipants take turns contributing ideas.When ensuring equal participation in idea generation.
Affinity DiagramsGroups ideas into categories for analysis.When organizing a large number of ideas into meaningful categories.
SWOT AnalysisIdentifies strengths, weaknesses, opportunities, and threats.When assessing strategic position and opportunities.
Fishbone Diagram (Ishikawa)Identifies root causes of problems.When solving complex problems by tracing causes.
Six Thinking HatsExamines ideas from multiple perspectives.When needing a comprehensive evaluation of an idea.
Brainstorming SessionsGroup activity to generate ideas.When needing to generate a wide range of ideas quickly.
Rapid IdeationGenerates ideas quickly under time constraints.When time is limited and you need a burst of creativity.
Idea BoardVisual display of ideas for collaboration.When needing a central place to gather and refine ideas.
Random Word AssociationUses random words to trigger new ideas.When stuck in conventional thinking patterns.
Brainstorming WebConnects related ideas visually.When exploring the relationships between different ideas.
Reverse BrainstormingFocuses on how to cause a problem instead of solving it.When needing to identify potential pitfalls or weaknesses in an idea.
Gap AnalysisIdentifies gaps between current and desired states.When assessing the current situation against goals.
Wishing TechniqueParticipants wish for ideal outcomes.When looking for aspirational and innovative ideas.
Concept FanExpands on an initial idea to generate more ideas.When needing to deepen or broaden an initial concept.
Question StormingGenerates questions to uncover new ideas.When needing to explore a problem deeply through questioning.
StarburstingExplores an idea through questions starting with Who, What, When, Where, Why, and How.When needing a thorough examination of an idea from all angles.
Trigger MethodUses triggers to spark new ideas.When needing external stimuli to generate ideas.
Lotus Blossom TechniqueExpands on core ideas by surrounding them with related ideas.When needing to develop a central idea in detail.
Idea Box (Morphological Analysis)Combines different parameters to generate ideas.When needing to explore all possible combinations of factors.
Crawford’s Slip WritingParticipants write down ideas anonymously.When needing to gather uninfluenced and honest ideas from participants.
Nominal Group TechniqueStructured method for group brainstorming.When requiring structured and equal participation from all group members.
Disney Creative StrategyUses three roles: Dreamer, Realist, and Critic.When needing to refine ideas by looking at them from different perspectives.
BRAINBlueprint, Random connections, Assimilate, Integrate, New thinking.When needing a structured approach to creative problem-solving.
Attribute ListingLists attributes of a problem and explores variations.When needing to dissect and innovate on a specific aspect of a problem.
Analogies and MetaphorsUses analogies to generate new ideas.When needing to think about problems in a new and unfamiliar way.
Collaborative BrainwritingParticipants build on each other’s ideas in writing.When encouraging collaborative idea development without verbal discussion.
Dot VotingParticipants vote on the best ideas using dots.When needing to prioritize ideas quickly and democratically.
Forced ConnectionsCombines unrelated concepts to generate new ideas.When needing to break free from conventional thinking patterns.
Negative BrainstormingFocuses on what not to do.When needing to identify risks and potential pitfalls.
FreewritingWrites continuously to generate ideas.When needing to bypass internal filters and generate raw ideas.
CrowdsourcingCollects ideas from a large group of people.When needing a wide range of ideas from a diverse group.
Idea LotteryRandomly selects and combines ideas.When needing to combine elements in unexpected ways to generate new ideas.
WhiteboardingUses a whiteboard to visualize and connect ideas.When needing a collaborative space for group idea generation.
BodystormingActs out scenarios to generate ideas.When needing to physically engage with a problem to generate ideas.
Role StormingParticipants assume different roles to generate ideas.When needing to see a problem from various perspectives.
Group Passing TechniqueEach participant adds to the previous idea.When needing collaborative idea building with a structured process.
StoryboardingVisualizes ideas in a sequential format.When needing to communicate and develop ideas through a narrative.
Mind ScriptingWrites scripts to explore different scenarios.When needing to explore and develop ideas through detailed scenarios.
Idea RankingRanks ideas based on criteria.When needing to prioritize ideas based on their potential impact and feasibility.
Circle of OpportunityUses a circular diagram to explore ideas.When needing to visualize and connect various opportunities.
Problem ReversalReverses the problem to find new solutions.When needing to think about a problem from a completely different angle.
Word StormingFocuses on key words to generate ideas.When needing to generate ideas centered around specific terms or concepts.
Concept MappingVisualizes relationships between concepts.When needing to explore and understand the connections between various ideas.
Hexagonal ThinkingUses hexagons to connect ideas.When needing to visually and spatially organize and connect ideas.
Idea Speed DatingPairs participants to rapidly exchange ideas.When needing quick and varied input from multiple participants.
Empathy MappingUses empathy to understand user needs and generate ideas.When needing to generate ideas that are deeply rooted in user needs and perspectives.
VisioningImagines future scenarios to generate ideas.When needing to think long-term and generate aspirational ideas.
Divergent ThinkingGenerates many different ideas.When needing a broad range of ideas and solutions.
Convergent ThinkingNarrows down ideas to the best ones.When needing to refine and select the best ideas from a large pool.
User StoriesCreates user scenarios to generate ideas.When needing to develop ideas based on specific user needs and experiences.
Customer Journey MappingVisualizes customer experiences to find opportunities.When needing to identify pain points and opportunities within the customer journey.
Action Priority MatrixPrioritizes ideas based on impact and effort.When needing to focus on the most impactful and feasible ideas.
Thought ExperimentExplores ideas through hypothetical scenarios.When needing to test and explore ideas in a safe, theoretical context.
Pre-Mortem AnalysisAnticipates potential failures to improve ideas.When needing to identify and address potential risks before implementation.
Brain-nettingConducts brainstorming sessions online.When needing to collaborate and generate ideas remotely.
PainstormingFocuses on pain points to generate ideas.When needing to address and solve specific problems or challenges.
Idea SplicingCombines parts of different ideas to create new ones.When needing to innovate by merging existing concepts.
Socratic QuestioningUses deep questioning to generate ideas.When needing to explore ideas through rigorous and thoughtful questioning.
Five WhysAsks “why” five times to get to the root cause of a problem.When needing to uncover the underlying causes of a problem.
Innovation TournamentCompetes to generate the best ideas.When needing a competitive element to drive idea generation and refinement.
SWOT BrainstormingCombines SWOT analysis with brainstorming.When needing to assess and generate ideas based on internal and external factors.
Idea MatrixOrganizes ideas into a matrix for evaluation.When needing to systematically evaluate and compare ideas.
Brainwriting PoolCollects written ideas in a pool for group discussion.When needing to gather and pool ideas for collective evaluation and discussion.
Innovation SprintShort, focused sessions to generate ideas.When needing rapid and intense idea generation and development.
Role Play BrainstormingUses role play to generate ideas.When needing to understand and generate ideas from different perspectives.
ChunkingBreaks down problems into smaller parts to generate ideas.When needing to manage and solve complex problems by addressing smaller components.
Opportunity Mind MapMaps opportunities visually.When needing to visualize and explore various opportunities.
Sailboat RetrospectiveUses a sailboat metaphor to reflect and generate ideas.When needing a creative and engaging way to reflect on progress and generate new ideas.
Idea JournalingKeeps a journal to capture and develop ideas.When needing to continuously capture and refine ideas over time.
Affinity MappingGroups similar ideas together.When needing to organize and make sense of a large number of ideas.
FuturismEnvisions future possibilities to generate ideas.When needing to think ahead and generate ideas based on future trends and scenarios.
Customer Feedback AnalysisUses customer feedback to generate ideas.When needing to generate ideas based on actual customer insights and experiences.
Business Model CanvasMaps business components to find opportunities.When needing to explore and innovate on business models.
Lean CanvasSimplifies the business model canvas for rapid idea generation.When needing a quick and efficient way to develop and test business ideas.
Problem FramingReframes problems to generate new ideas.When needing to see problems in a new light to find innovative solutions.
Lightning Decision JamRapidly generates and decides on ideas.When needing quick and actionable ideas with immediate decision-making.
Ethnographic ResearchObserves users to generate ideas.When needing deep and contextual insights into user behavior and needs.
Idea TournamentCompetes to refine and select the best ideas.When needing a structured competition to drive innovation and idea selection.
SWOT WorkshopConducts workshops combining SWOT and brainstorming.When needing to integrate strategic analysis with creative idea generation.
Failure Mode and Effects Analysis (FMEA)Analyzes failures to generate improvement ideas.When needing to proactively identify and mitigate potential failures.
Analogical ThinkingUses analogies to generate ideas.When needing to leverage similarities between different concepts to generate new ideas.
Interactive BrainstormingUses interactive tools to facilitate brainstorming.When needing dynamic and engaging methods to generate ideas.
Stakeholder BrainstormingEngages stakeholders in idea generation.When needing input and buy-in from various stakeholders.
Idea Parking LotKeeps a list of ideas for future consideration.When needing to capture and save ideas that cannot be addressed immediately.
Strategic BrainstormingFocuses brainstorming on strategic goals.When needing to align idea generation with long-term strategic objectives.
Productive Thinking ModelUses structured thinking to generate ideas.When needing a systematic approach to creative problem-solving.
Opportunity CanvasFocuses on opportunities within the business model.When needing to identify and develop new business opportunities.
Conceptual BlockbustingOvercomes mental blocks to generate ideas.When needing to break through creative barriers and generate fresh ideas.
Hybrid BrainstormingCombines different brainstorming techniques.When needing to leverage multiple methods for diverse idea generation.
Challenge MappingMaps challenges to find solutions.When needing to understand and address specific challenges in detail.
Design CharretteIntensive planning session to generate ideas.When needing a focused and collaborative effort to solve a design problem.
Braintrust SessionsUses a trusted group to generate and refine ideas.When needing expert input and collaboration for idea refinement.
Value Proposition CanvasDevelops value propositions through brainstorming.When needing to create and refine value propositions for products or services.
Innovation JamIntensive, collaborative brainstorming sessions.When needing a concentrated burst of creativity and idea generation.
Delphi MethodUses expert consensus to generate ideas.When needing to leverage expert knowledge and consensus for idea generation.
Creative Problem Solving (CPS)Structured process for generating ideas.When needing a step-by-step approach to solve complex problems creatively.
World CaféFacilitates large group brainstorming through roundtable discussions.When needing to engage a large group in collaborative idea generation.

Connected Thinking Frameworks

Convergent vs. Divergent Thinking

convergent-vs-divergent-thinking
Convergent thinking occurs when the solution to a problem can be found by applying established rules and logical reasoning. Whereas divergent thinking is an unstructured problem-solving method where participants are encouraged to develop many innovative ideas or solutions to a given problem. Where convergent thinking might work for larger, mature organizations where divergent thinking is more suited for startups and innovative companies.

Critical Thinking

critical-thinking
Critical thinking involves analyzing observations, facts, evidence, and arguments to form a judgment about what someone reads, hears, says, or writes.

Biases

biases
The concept of cognitive biases was introduced and popularized by the work of Amos Tversky and Daniel Kahneman in 1972. Biases are seen as systematic errors and flaws that make humans deviate from the standards of rationality, thus making us inept at making good decisions under uncertainty.

Second-Order Thinking

second-order-thinking
Second-order thinking is a means of assessing the implications of our decisions by considering future consequences. Second-order thinking is a mental model that considers all future possibilities. It encourages individuals to think outside of the box so that they can prepare for every and eventuality. It also discourages the tendency for individuals to default to the most obvious choice.

Lateral Thinking

lateral-thinking
Lateral thinking is a business strategy that involves approaching a problem from a different direction. The strategy attempts to remove traditionally formulaic and routine approaches to problem-solving by advocating creative thinking, therefore finding unconventional ways to solve a known problem. This sort of non-linear approach to problem-solving, can at times, create a big impact.

Bounded Rationality

bounded-rationality
Bounded rationality is a concept attributed to Herbert Simon, an economist and political scientist interested in decision-making and how we make decisions in the real world. In fact, he believed that rather than optimizing (which was the mainstream view in the past decades) humans follow what he called satisficing.

Dunning-Kruger Effect

dunning-kruger-effect
The Dunning-Kruger effect describes a cognitive bias where people with low ability in a task overestimate their ability to perform that task well. Consumers or businesses that do not possess the requisite knowledge make bad decisions. What’s more, knowledge gaps prevent the person or business from seeing their mistakes.

Occam’s Razor

occams-razor
Occam’s Razor states that one should not increase (beyond reason) the number of entities required to explain anything. All things being equal, the simplest solution is often the best one. The principle is attributed to 14th-century English theologian William of Ockham.

Lindy Effect

lindy-effect
The Lindy Effect is a theory about the ageing of non-perishable things, like technology or ideas. Popularized by author Nicholas Nassim Taleb, the Lindy Effect states that non-perishable things like technology age – linearly – in reverse. Therefore, the older an idea or a technology, the same will be its life expectancy.

Antifragility

antifragility
Antifragility was first coined as a term by author, and options trader Nassim Nicholas Taleb. Antifragility is a characteristic of systems that thrive as a result of stressors, volatility, and randomness. Therefore, Antifragile is the opposite of fragile. Where a fragile thing breaks up to volatility; a robust thing resists volatility. An antifragile thing gets stronger from volatility (provided the level of stressors and randomness doesn’t pass a certain threshold).

Systems Thinking

systems-thinking
Systems thinking is a holistic means of investigating the factors and interactions that could contribute to a potential outcome. It is about thinking non-linearly, and understanding the second-order consequences of actions and input into the system.

Vertical Thinking

vertical-thinking
Vertical thinking, on the other hand, is a problem-solving approach that favors a selective, analytical, structured, and sequential mindset. The focus of vertical thinking is to arrive at a reasoned, defined solution.

Maslow’s Hammer

einstellung-effect
Maslow’s Hammer, otherwise known as the law of the instrument or the Einstellung effect, is a cognitive bias causing an over-reliance on a familiar tool. This can be expressed as the tendency to overuse a known tool (perhaps a hammer) to solve issues that might require a different tool. This problem is persistent in the business world where perhaps known tools or frameworks might be used in the wrong context (like business plans used as planning tools instead of only investors’ pitches).

Peter Principle

peter-principle
The Peter Principle was first described by Canadian sociologist Lawrence J. Peter in his 1969 book The Peter Principle. The Peter Principle states that people are continually promoted within an organization until they reach their level of incompetence.

Straw Man Fallacy

straw-man-fallacy
The straw man fallacy describes an argument that misrepresents an opponent’s stance to make rebuttal more convenient. The straw man fallacy is a type of informal logical fallacy, defined as a flaw in the structure of an argument that renders it invalid.

Streisand Effect

streisand-effect
The Streisand Effect is a paradoxical phenomenon where the act of suppressing information to reduce visibility causes it to become more visible. In 2003, Streisand attempted to suppress aerial photographs of her Californian home by suing photographer Kenneth Adelman for an invasion of privacy. Adelman, who Streisand assumed was paparazzi, was instead taking photographs to document and study coastal erosion. In her quest for more privacy, Streisand’s efforts had the opposite effect.

Heuristic

heuristic
As highlighted by German psychologist Gerd Gigerenzer in the paper “Heuristic Decision Making,” the term heuristic is of Greek origin, meaning “serving to find out or discover.” More precisely, a heuristic is a fast and accurate way to make decisions in the real world, which is driven by uncertainty.

Recognition Heuristic

recognition-heuristic
The recognition heuristic is a psychological model of judgment and decision making. It is part of a suite of simple and economical heuristics proposed by psychologists Daniel Goldstein and Gerd Gigerenzer. The recognition heuristic argues that inferences are made about an object based on whether it is recognized or not.

Representativeness Heuristic

representativeness-heuristic
The representativeness heuristic was first described by psychologists Daniel Kahneman and Amos Tversky. The representativeness heuristic judges the probability of an event according to the degree to which that event resembles a broader class. When queried, most will choose the first option because the description of John matches the stereotype we may hold for an archaeologist.

Take-The-Best Heuristic

take-the-best-heuristic
The take-the-best heuristic is a decision-making shortcut that helps an individual choose between several alternatives. The take-the-best (TTB) heuristic decides between two or more alternatives based on a single good attribute, otherwise known as a cue. In the process, less desirable attributes are ignored.

Bundling Bias

bundling-bias
The bundling bias is a cognitive bias in e-commerce where a consumer tends not to use all of the products bought as a group, or bundle. Bundling occurs when individual products or services are sold together as a bundle. Common examples are tickets and experiences. The bundling bias dictates that consumers are less likely to use each item in the bundle. This means that the value of the bundle and indeed the value of each item in the bundle is decreased.

Barnum Effect

barnum-effect
The Barnum Effect is a cognitive bias where individuals believe that generic information – which applies to most people – is specifically tailored for themselves.

First-Principles Thinking

first-principles-thinking
First-principles thinking – sometimes called reasoning from first principles – is used to reverse-engineer complex problems and encourage creativity. It involves breaking down problems into basic elements and reassembling them from the ground up. Elon Musk is among the strongest proponents of this way of thinking.

Ladder Of Inference

ladder-of-inference
The ladder of inference is a conscious or subconscious thinking process where an individual moves from a fact to a decision or action. The ladder of inference was created by academic Chris Argyris to illustrate how people form and then use mental models to make decisions.

Goodhart’s Law

goodharts-law
Goodhart’s Law is named after British monetary policy theorist and economist Charles Goodhart. Speaking at a conference in Sydney in 1975, Goodhart said that “any observed statistical regularity will tend to collapse once pressure is placed upon it for control purposes.” Goodhart’s Law states that when a measure becomes a target, it ceases to be a good measure.

Six Thinking Hats Model

six-thinking-hats-model
The Six Thinking Hats model was created by psychologist Edward de Bono in 1986, who noted that personality type was a key driver of how people approached problem-solving. For example, optimists view situations differently from pessimists. Analytical individuals may generate ideas that a more emotional person would not, and vice versa.

Mandela Effect

mandela-effect
The Mandela effect is a phenomenon where a large group of people remembers an event differently from how it occurred. The Mandela effect was first described in relation to Fiona Broome, who believed that former South African President Nelson Mandela died in prison during the 1980s. While Mandela was released from prison in 1990 and died 23 years later, Broome remembered news coverage of his death in prison and even a speech from his widow. Of course, neither event occurred in reality. But Broome was later to discover that she was not the only one with the same recollection of events.

Crowding-Out Effect

crowding-out-effect
The crowding-out effect occurs when public sector spending reduces spending in the private sector.

Bandwagon Effect

bandwagon-effect
The bandwagon effect tells us that the more a belief or idea has been adopted by more people within a group, the more the individual adoption of that idea might increase within the same group. This is the psychological effect that leads to herd mentality. What in marketing can be associated with social proof.

Moore’s Law

moores-law
Moore’s law states that the number of transistors on a microchip doubles approximately every two years. This observation was made by Intel co-founder Gordon Moore in 1965 and it become a guiding principle for the semiconductor industry and has had far-reaching implications for technology as a whole.

Disruptive Innovation

disruptive-innovation
Disruptive innovation as a term was first described by Clayton M. Christensen, an American academic and business consultant whom The Economist called “the most influential management thinker of his time.” Disruptive innovation describes the process by which a product or service takes hold at the bottom of a market and eventually displaces established competitors, products, firms, or alliances.

Value Migration

value-migration
Value migration was first described by author Adrian Slywotzky in his 1996 book Value Migration – How to Think Several Moves Ahead of the Competition. Value migration is the transferal of value-creating forces from outdated business models to something better able to satisfy consumer demands.

Bye-Now Effect

bye-now-effect
The bye-now effect describes the tendency for consumers to think of the word “buy” when they read the word “bye”. In a study that tracked diners at a name-your-own-price restaurant, each diner was asked to read one of two phrases before ordering their meal. The first phrase, “so long”, resulted in diners paying an average of $32 per meal. But when diners recited the phrase “bye bye” before ordering, the average price per meal rose to $45.

Groupthink

groupthink
Groupthink occurs when well-intentioned individuals make non-optimal or irrational decisions based on a belief that dissent is impossible or on a motivation to conform. Groupthink occurs when members of a group reach a consensus without critical reasoning or evaluation of the alternatives and their consequences.

Stereotyping

stereotyping
A stereotype is a fixed and over-generalized belief about a particular group or class of people. These beliefs are based on the false assumption that certain characteristics are common to every individual residing in that group. Many stereotypes have a long and sometimes controversial history and are a direct consequence of various political, social, or economic events. Stereotyping is the process of making assumptions about a person or group of people based on various attributes, including gender, race, religion, or physical traits.

Murphy’s Law

murphys-law
Murphy’s Law states that if anything can go wrong, it will go wrong. Murphy’s Law was named after aerospace engineer Edward A. Murphy. During his time working at Edwards Air Force Base in 1949, Murphy cursed a technician who had improperly wired an electrical component and said, “If there is any way to do it wrong, he’ll find it.”

Law of Unintended Consequences

law-of-unintended-consequences
The law of unintended consequences was first mentioned by British philosopher John Locke when writing to parliament about the unintended effects of interest rate rises. However, it was popularized in 1936 by American sociologist Robert K. Merton who looked at unexpected, unanticipated, and unintended consequences and their impact on society.

Fundamental Attribution Error

fundamental-attribution-error
Fundamental attribution error is a bias people display when judging the behavior of others. The tendency is to over-emphasize personal characteristics and under-emphasize environmental and situational factors.

Outcome Bias

outcome-bias
Outcome bias describes a tendency to evaluate a decision based on its outcome and not on the process by which the decision was reached. In other words, the quality of a decision is only determined once the outcome is known. Outcome bias occurs when a decision is based on the outcome of previous events without regard for how those events developed.

Hindsight Bias

hindsight-bias
Hindsight bias is the tendency for people to perceive past events as more predictable than they actually were. The result of a presidential election, for example, seems more obvious when the winner is announced. The same can also be said for the avid sports fan who predicted the correct outcome of a match regardless of whether their team won or lost. Hindsight bias, therefore, is the tendency for an individual to convince themselves that they accurately predicted an event before it happened.

Read Next: BiasesBounded RationalityMandela EffectDunning-Kruger EffectLindy EffectCrowding Out EffectBandwagon Effect.

Main Guides:

Scroll to Top

Discover more from FourWeekMBA

Subscribe now to keep reading and get access to the full archive.

Continue reading

FourWeekMBA