Latest news with #Thinking
Al Etihad
5 days ago
- Business
- Al Etihad
Dubai Future Academy launches courses on foresight, AI, and leadership
3 June 2025 14:23 DUBAI (ALETIHAD)Dubai Future Academy, the capacity-building arm of the Dubai Future Foundation (DFF) has launched eight new training programmes for 2025 aimed at equipping leaders, professionals, and future-focused individuals across all sectors with the critical skills of foresight, artificial intelligence, and courses are scheduled to run throughout the year, and they are aligned with DFF's efforts in preparing future leaders to shape a more resilient, future-ready society, and empower talent with the skills needed to thrive in a fast-changing on the occasion, Abdulaziz AlJaziri, Deputy CEO of Dubai Future Foundation, said: 'These programmes reflect Dubai's long-standing commitment to equipping individuals and institutions with the knowledge and tools needed to navigate disruption, embrace innovation, and design the future. The Dubai Future Academy remains a key pillar in preparing our talent for the opportunities ahead – across sectors, disciplines, and borders.'The academy welcomes participants across the spectrum of executive, leadership, and strategic roles, including C-suite leaders, policymakers, directors, decision-makers, and mid-to-senior professionals, and individuals seeking to upskill in strategy, innovation, foresight, and specialised courses cover a wide range of disciplines, including scenario planning, AI productivity tools, innovation, leadership resilience, and strategy in partnership with world-class institutions and subject-matter experts, where each course is designed to empower participants with hands-on insights and practical tools for immediate June onwards, the 2025 courses include Foresight Leadership (June 16-17), Future-Proofing Innovation (September 22-24), AI Workplace (October 7-8), Futures Thinking (November 24-25), and Innovation Foresight (December 8-10).Each course is built on the Academy's three core pillars—Futures Literacy, Futures Technologies, and Futures Methodologies—covering skills such as scenario-building, systems thinking, AI applications, and leadership will emerge from the programs with a mix of theoretical understanding, real-world studies, and practical workshops that lay the foundation for a new approach to thinking, planning, and academy welcomes mid to senior level professionals, entrepreneurs, government officials, and change-makers from across industries to join the upcoming sessions. Registrations are now open for courses starting from June to December. Source: Aletihad - Abu Dhabi
Jordan Times
24-04-2025
- Politics
- Jordan Times
Prince El Hassan meets delegations from French Senate, US Congress
HRH Prince El Hassan Bin Talal on Wednesday holds separate meetings with a delegation from the French Senate's Communication, Thinking, Monitoring and Solidarity Group with the Christians of the East (Petra photo) AMMAN — HRH Prince El Hassan Bin Talal on Wednesday held separate meetings with a delegation from the French Senate's Communication, Thinking, Monitoring and Solidarity Group with the Christians of the East and with a US Congressional aides delegation. During the meeting with the French delegation, Prince El Hassan stressed the importance of fostering dialogue across the region, advocating for respect toward the diverse identities of minority communities and recognising their vital role in shaping a shared and inclusive regional future, the Jordan News Agency, Petra, reported. He underscored the necessity of human solidarity among Eastern communities as a foundation for preserving dignity and countering the forces of polarisation and hatred. The Prince also reviewed the efforts of the Royal Institute for Inter-Faith Studies in promoting dialogue among followers of different religions, underlining its contributions to building bridges of understanding and coexistence. During the discussion with the US delegation, Prince El Hassan emphasised the importance of cultivating a 'will to stay' among the peoples of the region by expanding economic, developmental and humanitarian opportunities that empower communities to remain in their homelands. He warned against the deepening threat of sectarianism and called for the strategic use of the Great Rift Valley as a platform for regional cooperation, development and the advancement of human dignity. Highlighting the need for pragmatic, evidence-based strategies, Prince El Hassan also called for a comprehensive approach to development that places human dignity at the core of all policies and initiatives. Also on Wednesday, Senate President Faisal Fayez met with the US Congressional aides delegation to discuss Jordanian-US ties and regional developments. Fayez reiterated the strength of Jordan-US relations and highlighted Jordan's comprehensive reform programme across political, economic and administrative spheres. He also outlined the Kingdom's economic and security challenges amid ongoing regional instability. Fayez also expressed appreciation for US assistance in helping Jordan address these challenges, but urged the US administration to reconsider recently imposed tariffs on Jordanian exports. He also called for the reversal of a decision to halt funding from the United States Agency for International Development (USAID), particularly in critical sectors such as health, education, and the empowerment of women and youth, to support Jordan's development efforts and promote regional peace and stability.
Forbes
23-04-2025
- General
- Forbes
Slow Down To Speed Up: Problem Identification Drives Transformation
Slowing down to define the problem may feel counterintuitive when urgency is high. Yet, it is the clearest path to long-term success. getty Most managers are both excellent and flawed problem solvers, depending on the context. They have remarkable cognitive skills, but being human, they also suffer from a broad range of innate biases and limitations. There's an old story of a man searching for his keys one night under a streetlight. Eventually, a handful of good Samaritans join the search. After some time with no success, someone finally asks the man, 'Are you sure this is where you lost them?' The man replies, 'No, I lost them in the park.' The helper, confused, asks him why he is looking for them here. The man replies, 'Because this is where the light is.' This scenario is more common than many people realize. In business, the data we collect and the way we interpret it can sometimes be like the streetlight in the parable. People tend to look for answers in the most familiar or obvious places rather than digging deeper. In organizations, this type of problem-solving can lead to wasted resources, lost time, and mounting frustration. Consider the case of a food manufacturing company we recently worked with. This company had a specialty line of allergen-free food products, which required rigorous testing to ensure that trace amounts of peanut residue were not present in their facilities. Despite the fact that their workers diligently cleaned and re-cleaned the lines, testing after each cycle, their production lines repeatedly failed quality control tests. Production was backlogged, costs were up, and workers were frustrated. How could even the slightest trace of residue remain? Someone finally asked a key question: 'Have you tested the testing room?' It turned out that the testing room—not the production line—was contaminated with peanut residue. This type of situational tunnel vision is often heightened when problems arise in routine tasks or familiar environments. Thinking outside the box becomes increasingly challenging when you spend all your time inside it—whether that box is your role, company, or industry. Nobel-Prize-winning psychologist Daniel Kahneman introduced the concept of two types of thinking in his book Thinking, Fast and Slow. His theory breaks down human thought processes into two systems. System 1 thinking is fast, intuitive, and handles routine tasks. It's very efficient but prone to errors and biases because we all tend to jump to conclusions based on patterns we recognize. Within familiar settings, we often rely on mental shortcuts and routine assumptions. This is efficient for everyday tasks but can create blind spots when tackling unique or complex problems. System 2 thinking is more deliberate and analytical. It requires effort, attention, and reasoning, and we use it for complex problems or unfamiliar situations. It might be more reliable, but it's definitely more taxing and slower. A simple example might be when you're driving a familiar route home. You primarily use System 1. You basically operate on autopilot, checking your mirrors or changing lanes without much conscious input. But if something unexpected happens, you're low on gas, or a detour sign forces you to find a new route, your slower and more conscious System 2 thinking kicks in. Seasoned managers and experienced consultants can sometimes fall into the same trap. Familiarity with a topic is not always an advantage for solving complex problems, particularly if your experience leads you to think the problem is not complex. With our own consulting teams, we try to stem this tendency to jump to conclusions by relying on a structured problem-solving methodology designed to reveal problems that are baked into routine operations. But the real secret to this is that we force System 2 thinking on bright people who might otherwise believe they can jump to a solution. This is particularly important at the front end of an engagement, to make sure we properly understand what the actual problems are that we, and the client, need to solve. System 1 and System 2 thinking is well worth considering for companies rushing to take advantage of the many benefits of artificial intelligence (AI). While AI offers enormous potential, it is often treated as a solution in search of a problem. What we currently observe with many organizations is a rush to apply the solution without carefully and thoughtfully understanding the underlying problems that need to be fixed. One company invested heavily in an AI tool to speed up customer support response times. The system performed well, but customer satisfaction scores did not improve. It turned out that customers valued resolution accuracy more than speed. The company had wasted considerable resources applying an elegant fix to the wrong problem. Another recent client believed their challenges stemmed from outdated technology. A deeper analysis revealed that the true cause was poor interdepartmental communication. Fixing the miscommunication saved significant time and money, while the assumed 'solution' (investing in new technology) would not have addressed the underlying issues and may have baked the problems deeper into the routine process. I asked one of our managers, Caleb Emerson, for his thoughts on AI integration. He had three points: Whether it's AI or any other tool, solutions are only as effective as the value of the problems they address. A key constraint that hinders capturing AI's value is the integrity of the underlying data. Unless that is addressed, automation and increasingly sophisticated algorithms will struggle to deliver meaningful results. Slowing down to define the problem may feel counterintuitive when urgency is high. Yet, it is the clearest path to long-term success. Proper problem identification saves time, money, and frustration by focusing resources on effective solutions instead of misguided assumptions. When you take the time to identify the real problems, you accelerate the pace of meaningful change. Instead of spinning your wheels, you are better equipped to drive progress where it counts most.
New York Times
14-04-2025
- Health
- New York Times
There's a Lesson to Learn From Daniel Kahneman's Death
On March 19, 2024, we emailed the psychologist and Nobel laureate Daniel Kahneman, inviting him to appear on our podcast, 'Lives Well Lived,' and suggesting a date in May. He replied promptly, saying that he would not be available then because he was on his way to Switzerland, where, despite being relatively healthy at 90, he planned to die by assisted suicide on March 27. In explanation, Professor Kahneman included a letter that his friends would receive a few days later. 'I have believed since I was a teenager,' he wrote, 'that the miseries and indignities of the last years of life are superfluous, and I am acting on that belief. I am still active, enjoying many things in life (except the daily news) and will die a happy man. But my kidneys are on their last legs, the frequency of mental lapses is increasing, and I am 90 years old. It is time to go.' Some of those he loved, he added, had tried to persuade him to wait until it was obvious that his life was not worth extending, but they had, reluctantly, come around to supporting his choice. We did not try to dissuade Professor Kahneman, but we asked him to view the interview as a final opportunity to tell people what he thought they should know about living well. He accepted the invitation, though he did not wish to discuss his decision to end his life. The interview took place on March 23. Professor Kahneman was cheerful and lively, with no mental lapses. He wrote to us the next day to say that he had greatly enjoyed the conversation. We did not hear from him again. He died, as he had planned, on March 27. The announcements of Professor Kahneman's death at the time did not reveal how or where he died. Now that those facts have been reported, we feel comfortable discussing the important issues raised by his choice to end his life. Many countries and 10 U.S. states allow voluntary assisted dying for those who are terminally ill. In some jurisdictions, assistance is also permitted for those who have an incurable condition that causes them unbearable suffering. But allowing relatively healthy people to end their lives because they see their lives as completed is more controversial. Professor Kahneman traveled to Switzerland because it allows competent adults with a firm wish to die to legally receive assistance in dying, whether or not they are residents. At 90, Professor Kahneman thought that he had completed his life. Long associated with Princeton University, he had certainly accomplished a great deal. In the 1970s he helped to pioneer the field of behavioral economics, contributing to our understanding of human decision making. His 2011 book, 'Thinking, Fast and Slow,' was an international best seller. But despite his advanced age, he was still capable of research and writing and could still enlighten audiences on how to make better decisions. Apart from his intellectual gifts, he was healthy enough to participate in friendship and family life. Why did none of this give him sufficient reason to continue to live? The answer, we believe, can be found toward the end of the interview we did with him. He surprised us by denying that his work had any objective significance. 'Other people happen to respect it and say that this is for the benefit of humanity,' he said. 'I just like to get up in the morning because I like the work.' We pushed back, arguing that there are objectively good things to do with one's life. But he resisted. 'I feel I've lived my life well,' he said, 'but it's a feeling. I'm just reasonably happy with what I've done. I would say if there is an objective point of view, then I'm totally irrelevant to it. If you look at the universe and the complexity of the universe, what I do with my day cannot be relevant.' We do not agree that the size and complexity of the universe render irrelevant an individual's work for the benefit of humanity. But if, after careful reflection, you decide that your life is complete and remain firmly of that view for some time, you are the best judge of what is good for you. This is especially clear in the case of people who are at an age at which they cannot hope for improvement in their quality of life. There are serious grounds for opposing such an extension of the right to die. Perhaps some older people who say that they are tired of living would feel more positive about their lives if they received psychological counseling. Perhaps doctors should not be involved in such a procedure, since the patient is not receiving treatment for a terminal medical condition. Perhaps, if it becomes normal for older people to request and receive assisted dying when they are not terminally or incurably ill, many who believe that they are a burden on their family will feel pressure to end their lives. All these objections can be met. It should be obligatory for those who make a request for assistance in dying to first receive psychological counseling. As for the participation of doctors, in many countries the reason they are involved is that the patient has to have a serious medical condition and generally only doctors can prescribe the drugs used and sign the death certificate. But a new professional specialty could be developed for assisting people to die when they do not have a serious medical condition. We do not deny that a belief about being a burden on family may be a reason for some older people to choose to end their lives, but one should not assume that it is typically the principal reason. In Oregon, where assisted dying is legal, the state annually reviews cases that comply with the legislation: Feeling like a burden was a concern for 42 percent of the terminally ill patients who died by physician-assisted suicide last year but was less significant than losing autonomy (a concern for 89 percent), being less able to engage in activities that make life enjoyable (88 percent) and loss of dignity (64 percent). Nor is it unreasonable for people whose quality of life has declined to a level that is only marginally positive to take into account whether they are a burden to those they love. Professor Kahneman signaled concern that if he did not end his life when he was clearly mentally competent, he could lose control over the remainder of it and live and die with needless 'miseries and indignities.' One lesson to learn from his death is that if we are to live well to the end, we need to be able to freely discuss when a life is complete, without shame or taboo. Such a discussion may help people to know what they really want. We may regret their decisions, but we should respect their choices and allow them to end their lives with dignity. If you are having thoughts of suicide, call or text 988 to reach the National Suicide Prevention Lifeline or go to for a list of additional resources.
Forbes
03-04-2025
- Business
- Forbes
How Loss Aversion Affects Investment Decisions
Loss aversion is a bias to feel the pain of losses more strongly than the pleasure of gains - and ... More this can impact how you invest for your retirement. Nobel Prize-winning economist Daniel Kahneman's book Thinking, Fast and Slow explores how the brain processes decisions and the biases that often shape them. One of the most impactful biases he discusses is loss aversion—a concept that has significant implications for investors. Loss aversion refers to the psychological tendency to feel the pain of losses twice as strongly as the pleasure of equivalent gains. Imagine losing $100 at a casino—it likely feels far worse than the satisfaction of winning the same amount. This bias has been well-documented in behavioral economics and can influence investment decisions in ways that may not align with long-term financial success. Historically, the stock market has been positive three out of every four years (or 75% of the time). Even on a daily basis, the market is up about 55% of the time—just slightly better than a coin flip. However, because of loss aversion, many investors don't perceive it this way. If roughly half of all trading days result in losses, and losses feel twice as painful as gains, it can make investing seem like a losing battle. To the average investor, the market might feel like it's down two-thirds of the time, even though the data tells a much more optimistic story. So how can investors overcome this psychological challenge? Kahneman offers a simple but powerful strategy: stop checking investments so frequently. He explains: 'The combination of loss aversion and narrow framing is a costly curse… Individual investors can avoid that curse… by reducing the frequency with which they check how well their investments are doing. Closely following daily fluctuations is a losing proposition, because the pain of the frequent small losses exceeds the pleasure of the equally frequent small gains. Once a quarter is enough.' In other words, constantly monitoring investments amplifies stress and makes loss aversion even more pronounced. Checking too often can lead to emotional decision-making, which often results in buying high and selling low—one of the biggest mistakes investors make. Financial advisors consistently see this pattern play out. Clients who check their investments frequently tend to experience more anxiety and are more likely to make impulsive changes. On the other hand, those who review their portfolios less often tend to have a better overall experience—focusing less on short-term fluctuations and more on long-term growth. While it may not be easy to fight against ingrained biases, understanding loss aversion is the first step. By limiting exposure to daily market movements, investors can improve their financial well-being—and perhaps even enjoy the journey a little more.
