See on Scoop.it – personnel psychology

Here’s a simple arithmetic question: A bat and ball cost a dollar and ten cents. The bat costs a dollar more than the ball. How much does the ball cost?

The vast majority of people respond quickly and confidently, insisting the ball costs ten cents. This answer is both obvious and wrong. (The correct answer is five cents for the ball and a dollar and five cents for the bat.)

 

For more than five decades, Daniel Kahneman, a Nobel Laureate and professor of psychology at Princeton, has been asking questions like this and analyzing our answers. His disarmingly simple experiments have profoundly changed the way we think about thinking. While philosophers, economists, and social scientists had assumed for centuries that human beings are rational agents—reason was our Promethean gift—Kahneman, the late Amos Tversky, and others, including Shane Frederick (who developed the bat-and-ball question), demonstrated that we’re not nearly as rational as we like to believe.

 

http://www.newyorker.com/online/blogs/frontal-cortex/2012/06/daniel-kahneman-bias-studies.html

 

See on www.newyorker.com

See on Scoop.it – personnel psychology

This PwC study looks at workforce trends from around the world using global data and benchmarking from PwC Saratoga.

 

Ongoing economic turbulence has served to magnify the contrasts between economies and employment markets around the world.

Western Europe – and, for the first time, parts of Central and Eastern Europe – have felt the impact of the global financial crisis and have seen revenue per employee fall. Asia, by contrast, has continued to grow.

When existing demographic trends are added to the mix, it’s clear that multinational organisations are facing sharply contrasting human capital challenges from region to region.

See on www.pwc.com

See on Scoop.it – personnel psychology

Recall the terrorist attack in Oslo, Norway, a year ago, when a lone terrorist first bombed a government building (killing eight people), then drove to an island where he murdered 69 mostly young people on a summer camp. The newly released report analyzing that day slams the police and the government for ineptitude, much like the infamous 9/11 report in the U.S.

 

How do you lead in a world full of crises, shocks, terror and disruptions? This question is relevant for CEOs and government leaders alike.

 

 

See on blogs.hbr.org

See on Scoop.it – Greek HR

Vocational interests – the activities, processes and environments you prefer at work – are, compared to ability and personality, the neglected child of occupational psychology. This is partly thanks to a 1984 meta-analysis, which reported a weak correlation with job performance of just .1. However, recent focus on the idea of person-job fit has drawn attention back to this domain, and a new meta-analysis appears to further rehabilitate interests by showing a rather stronger relationship to performance.

See on bps-occupational-digest.blogspot.gr

See on Scoop.it – Greek HR

From job interviews to first dates, people emphasise their personal achievements, reckoning that track record is certain, whereas potential is not. But high potential commands attention: consider the ‘next big thing’. A new study makes the surprising case that in many contexts we actually prefer people with the potential to achieve over those who already have.

See on bps-occupational-digest.blogspot.gr