Think Fast

Think Fast, Talk Smart: Communication Techniques

Communication is critical to success in business and life. Concerned about an upcoming interview? Anxious about being asked to give your thoughts during a meeting? Fearful about needing to provide critical feedback in the moment? You are not alone! Learn and practice techniques that will help you speak spontaneously with greater confidence and clarity, regardless of content and context.

Recorded on October 25, 2014, in collaboration with the Stanford Alumni Association as part of Stanford Reunion Homecoming and the Graduate School of Business Fall Reunion/Alumni Weekend.

Speaker: Matt Abrahams, ’91 Matt Abrahams is a lecturer at the Stanford Graduate School of Business, teaching strategic communication; he also teaches public speaking in Stanford’s Continuing Studies Program.

THINKING, FAST AND SLOW BY DANIEL KAHNEMAN | ANIMATED BOOK REVIEW

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HOW TO THINK FASTER

3 SUBCONSCIOUS MIND HACKS (HINDI) - THINK FAST AND SLOW SUMMARY

3 MIND HACKS at SUBCONSCIOUS LEVEL (HINDI) - THINK FAST AND SLOW SUMMARY

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WATER RESTAURANT VIDEO

OUR DECISIONS ARE HEAVILY INFLUENCED BY VARIOUS COGNITIVE BAISES 3 OF WHICH I AM EXPLAINING IN THIS VIDEO

1) ANCHORING

2) LOSS AVERSION

3) FRAMING

Brain Tricks - This Is How Your Brain Works

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Ever wonder how your brain processes information? These brain tricks and illusions help to demonstrate the two main systems of Fast and Slow Thinking in your brain.

Written and created by Mitchell Moffit (twitter @mitchellmoffit) and Gregory Brown (twitter @whalewatchmeplz).

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Further Reading --

1) Thinking Fast and Slow - Daniel Khaneman
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Daniel Kahneman: "Thinking, Fast and Slow" | Talks at Google

@Google Talks is proud to welcome hero of psychology, Daniel Kahneman.

Daniel Kahneman, recipient of the Nobel Prize in Economic Sciences for his seminal work in psychology that challenged the rational model of judgment and decision making, is one of our most important thinkers. His ideas have had a profound and widely regarded impact on many fields—including economics, medicine, and politics—but until now, he has never brought together his many years of research and thinking in one book.

In the highly anticipated Thinking, Fast and Slow, Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. Kahneman exposes the extraordinary capabilities—and also the faults and biases—of fast thinking, and reveals the pervasive influence of intuitive impressions on our thoughts and behavior. The impact of loss aversion and overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the challenges of properly framing risks at work and at home, the profound effect of cognitive biases on everything from playing the stock market to planning the next vacation—each of these can be understood only by knowing how the two systems work together to shape our judgments and decisions.

Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble. Thinking, Fast and Slow will transform the way you think about thinking.

10 BEST IDEAS | Thinking Fast And Slow | Daniel Kahneman | Book Summary

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Can you trust your intuition? What are the cognitive biases that control our thought process and our life: discovering it in this week's book review THINKING FAST AND SLOW.

Thinking Fast and Slow is an awesome book by Daniel Kahnerman. This book summary and book review of Thinking Fast and Slow will go over the BEST 10 IDEAS from Daniel Kahnerman's book. You might also consider getting the full book or audiobook for this – it’s great.

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★★★ BIG 10 IDEAS ★★★

1. TWO SYSTEMS
FAST: Intuitive / quick / emotional - Fight or Flight - that part is still hardwired into us. Can't escape it. SLOW: slower / logical / deliberate. Why this matters? We think of ourselves as rational in decision making, DK unpacks cognitive biases that really control us and hijack our fast system. Next part of this video going to focus on second half of book. Cognitive Biases that system one FAST system uses.

2. AVAILABILITY
Make judgements on how likely event will happen based on how easy it is to think of an example. Availability doesn't equate to truth.

3. PEAK END RULE
We don't remember entire experience. Our brain can't store entire experience, it summarizes it into three parts: Beginning, Middle, End. EX: relationship - weren't that bad... just complete opposite of you and fought every other day! EX: diet made you lost 20lbs - but only eat 1 x day and starving! EX: back in college days - but freaking out inside about debt and life choices! See whole picture - put in perspective before we reminisce about grass being greener. Don't such your happiness away today because of misconstrued incomplete vision of yesterday.

4. ENDOWMENT EFFECT
We think an object we own or use is more valuable that its actually worth. EX: selectiveness being a buyer vs seller. Application: Why it's hard to be objective on ourselves. We are too close to us - too endowed with us, need outside perspective sometimes. Close friend? Coach? Journal questions?

5. FRAMING
How a problem is framed determines our choices more than we think. EX: As organ donors to opt-out = much more organ donors than opt-in. (Opt-out is a bad person, we don't want to feel that way) EX: Would you want a surgery with 90% survival rate - or one with 10% mortality rate? Most people said they would do number one but not number two... despite the odds being the same.

6. LOSS AVERSION
We will work harder not to lose something, than we will to gain something. We dislike losing more than we enjoy winning. EX: Golf - way more likely to putt for par and stay away from bogie (one over par) than go for birdie (one under par). Why change is hard! Easier to stay in job that's secure than risk it and potentially lose our security.

7. ANCHORING
Always ask, compared to what? Your salary compared to top 1% USA - you make nothing. If you make over $34,000 USD you're in the top global 1%.

8. SUNK COSTS
Know when to hold em' know when to fold em'. Fear of if we quit - everything wasted! Paradox of Choice

9. SLOW DOWN
We can't tap into our slow form of thinking if we're constantly in fast thinking. We need to find ways to slow down. HOW TO SLOW: 1. Meditation mindfulness 2. No email first hour of day / last hour at night. 3. FULL day off per week. 4. JOURNAL more.

10. INVEST IN YOURSELF
Journaling is the Number one thing you can do to change your life.
1. Keep a log you can look back on years down road
2. Coach Yourself (all these ideas)
3. Develop self awareness invest in you - carry over all areas of your life.
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Clark

Journal course - best way to develop growth mindset.
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How To Think Better And Faster On Your Feet

Today's video we look at techniques to help you think faster on your feet or think quicker on your toes. It's definitely a skill that requires practice but if your boss asks you to come up with something, you'll be the first to step up to the challenge.

I mentor others to find a rewarding career and to, ultimately, create a life they're proud of.

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Don't you just hate it when you can't think of that perfect comeback? Or maybe the boss or professor expects you to come up with the perfect answer or an amazing idea to immediately address a bad situation. And all that happens, unfortunately, is this blank look on your face and you just freeze.

Hey, we've all been there! And today I answer a question from a viewer who is wondering how she can think better on her feet. Now for those that don't know, the expression thinking on your feet or thinking on your toes means to think quickly and under a lot of pressure.

In today's video, I talk about 4 simple steps we can take to think better on your feet:

- The importance of thinking in the moment

- I show you an exercise you can do help you think in the moment

- How to buy more time

- A way to minimize the cognitive load so that your brain can focus on coming up with great ideas and solutions under the gun

- The best way to pitch your idea or your answer when you're under pressure

Don't forget to download the FREE ebook, The Unfair Advantage that will show you exactly what you need to do to successfully launch your career!



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Midfield Movement! ThinkFast Quiz

Daniel Kahneman: Thinking Fast vs. Thinking Slow | Inc. Magazine

You can avoid decision-making mistakes by understanding the differences between these two systems of thought.

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Matt Abrahams - Think Fast, Talk Smart Communication Techniques



Matt Abrahams is a passionate, collaborative and innovative educator and coach. He is a lecturer at Stanford University’s Graduate School of Business where he teaches two very popular classes in Strategic Communication and Effective Virtual Presenting. Additionally, Matt is a professor of communication at De Anza College and an adjunct faculty member for Stanford University’s Continuing Education Program.

Matt is especially interested in applying communication knowledge to real-world issues. In service of this goal, he published Speaking Up Without Freaking Out, a book written to help people present and communicate in a more confident, connected, and compelling manner. Also, Matt coaches entrepreneurs from around the world on pitching their ideas as part of Stanford’s Graduate School of Business’s Ignite Program.

To hire Matt Abrahams to speak and inspire at your next event, contact BigSpeak Speakers Bureau.

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Stroke? Think F.A.S.T.

If you think someone might be having a stroke, always remember to think F.A.S.T.

Think Fast, Talk Smart Communication Techniques

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