SYSK Choice: How to Solve a Problem by Reframing It & Understanding Behavioral Bias

Something You Should Know

Mike Carruthers | OmniCastMedia

Science, Social Sciences, Self-improvement, Education, Health & Fitness

4.6 • 4K Ratings

🗓️ 28 January 2023

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Everyone makes mistakes. Still, it would be nice if we could all make fewer of them. This episode begins by revealing a few simple strategies to help people make fewer errors as they attempt to accomplish a task. (Source: Joseph Hallinan author of Why We Make Mistakes https://amzn.to/39OVFrM). When you have a problem, you need a solution. And maybe the best way to find one is to change or reframe the problem. That’s according to Thomas Wedell Wedellsborg, who is author of the book What’s Your Problem? To Solve Your Toughest Problems, Change the Problems You Solve (https://amzn.to/3bUChLN) . Listen as Thomas explains how to change the problem to find a better solution. Seems like whenever you are sick with almost any illness, part of the prescription to get better is bed rest. So, what is so special about bed rest? Listen as I discuss what bed rest actually does to help you get better – and the benefits are real. https://www.wsj.com/articles/fighting-the-flu-when-you-need-to-stay-home-and-in-bed-1423504355 Of course, you like to think that you see the world through objective eyes, but it just isn’t true. Humans have very distinct biases that color your view of things, events and people. While these biases can be helpful, they can also get in the way. Listen as I discuss this with Dr. Daniel Krawczyk, professor of behavioral and brain science at the University of Texas in Dallas. He is also the co-host of the Mental Models podcast (https://www.mentalmodelspodcast.com/) and co-author of the book Understanding Behavioral Bias (https://amzn.to/2vOw3MY). You’ll get some great insight into to how biases influence your thoughts and the decisions you make. PLEASE SUPPORT OUR SPONSORS! Zocdoc is the only FREE app that lets you find AND book doctors who are patient-reviewed, take your insurance, are available when you need them and treat almost every condition under the sun! Go to https://Zocdoc.com/SYSK and download the Zocdoc app for FREE. Then find and book a top-rated doctor today. Many are available within 24 hours! TurboTax experts can relieve you from the stress of taxes and file for you so you can do… not taxes! Come to TurboTax and don’t do your taxes. Visit https://TurboTax.com to learn more. Intuit TurboTax. Did you know you could reduce the number of unwanted calls & emails with Online Privacy Protection from Discover? - And it's FREE! Just activate it in the Discover App. See terms & learn more at https://Discover.com/Online Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This episode is brought to you by Slack. With Slack, you can bring all your people and
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0:20.9	inside and outside of your company. Slack, where the future works. Get started at
0:26.9	Slack.com slash DHQ.
0:30.9	Today on something you should know, two simple strategies that will have you making fewer
0:36.4	mistakes, then a better way to solve problems. Rather than find the solution, change the problem.
0:44.1	You'll hear people say, what's the real problem? As if there was only one problem or cause
0:50.5	for whatever's going on. But for most of the problems in our lives, there's more than
0:55.0	one way of approaching it. Also, when you have a cold of the flu, the doctor recommends
1:00.0	bed rest. But does that really do anything? And understanding human biases. They shape
1:06.0	your thoughts and decisions, and you probably don't even notice it.
1:10.0	One of the really potent biases in our lives is known as the endowment effect. Whatever
1:15.0	we own becomes extra valuable to us. And the risk is you get too attached. That's why
1:20.3	we have storage units people rent, because they just can't part with their things.
1:25.4	All this today on something you should know. Oh, there are a lot of things that feel
1:32.5	really good, like biting into a freshly baked chocolate chip cookie, catching all the green
1:38.5	lights on your commute, or walking into a room with a roaring fire on a cold snowy day,
1:45.6	or finding the parking spot right by the front door of the store. Well, you can add something
1:50.4	else to that list. If you have a simple tax return, you can file for free with expert help,
1:57.6	with Intuit Turbo Tax Live Assisted Basic. Get live help from tax experts who will answer
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