Intuition and Decision-Making Essay Example for Free

Intuition and Decision-Making Essay This paper basically talks about intuition and leadership and takes into account the intuitive decision making that the leaders take into account while making decisions where adequate knowledge is not available or where there are time constraints. There are a lot of arguments regarding this intuitive decision making by leaders where some people argue that it should not be like that as they may turn out to be wrong and others hold to the fact that at times intuitions lead to the right decision as leaders have this ability to analyze all the available information and make the decision on it along with using their past experience and expertise. The paper will first start by defining what actually intuition is and what makes leaders to promote or prevent decision making using intuitions. Then the paper will take a leaders point of view regarding decision making and how they bring in account all the available information to come up with a decision. In the end, the report will compare decisions made on intuitions with the decisions made upon logical reasoning in order to give a better knowledge to the readers regarding the two concepts and terminologies. Defining Intuition Starting with the report, we all know what decision making is, however, it will be helpful for us to know what exactly intuitions are on which leaders tend to make their decisions on. Intuitions are basically the ability of a person to actually judge or perceive an appropriate outcome without using reasoning and adequate information for that. The word is actually derived from a Latin word that means to â€Å"look inside† and that is exactly what we are talking about in this report. While using intuitions, leaders are able to look into the matters, problems or situations without even making an effort to gather or probe into the matter or its complexities (Aqor, 1986). With intuition, leaders actually tend to break into the thickness of the surface reality through their gutt-feeling, a feeling from inside that may be based on their past experience, a fear based interpretation or the actual leadership quality in their personality. What promotes or prevent leaders from using intuitions Moving on, as we have realized that intuitions are feelings, emotions or responses that are based on your own abilities, thus, it is not always true that they are right, they can also be wrong. A leader may be good in doing so in a lot number of instances but still, he is not sure whether his next intuitive decision will actually lead to the same positive results. Every important matter has its own requirements to mitigate risks and probing into complexities, thus for that purpose leaders do need appropriate information in order to come up with their decisions. However, many leaders fear this because of the fact that there personal bias in shape of their previous good or bad experience to a similar problem can actually influence their decision to a great extent. This personal bias or personal judgment that we are talking about is basically based on personal abilities or past experiences and has very less to do with analyzing the current information that is available (Williams, 2001). Thus, leaders do fear with their intuitive decision making that it can actually make them make a wrong decision. On the other hand, there are instances, where leaders have to take charge of the matter and make decisions on just a small amount of information or at times no information. These are situations where there time and resource constraints and decisions have to be taken. There, the best thing a leader can do to save time and resources in gathering all the relevant information and risk factors is to use intuitive decision making approach. A leader is a qualified team member who is chosen because of his ability to look at things with a broader and a next level thought process, thus team members also tend to conform with their this ability and promote them to take such decision. An example of such decisions can be taken as sales predictions after a natural calamity or a sudden fall in the stock market. Although, the demand would fall due to these circumstances, but it might be the other way round for a leader who is looking at the matter with a different approach using his intuitive decision making ability. Role of decision-making to a leader’s position Moreover, a leader is the person who is actually held responsible for all the actions of his team. His team basically conforms to his decisions and relies on his orders and directions because they also accept him as more capable in decision making and his abilities to solve problems and handle situations. Thus, with all this responsibility, a leader has to make sure that his decisions are correct and the best interest of the project and the team he is looking after. Any false decision can cost him and his team a failure of project. When we talk in management terms, we see that one thing that is always argued is the fact that decisions made upon inadequate information are mostly wrong. However, when we look into the practical world of leaders, can we say that leaders always have the right amount of information at the right time and at the right place? Obviously not is the answer to this question because of the fact that if all information would have been made available to the team, then there was no need of a leader to make decisions. In that case just a checker or manager would have done the job of a leader (Aqor, 1986). But, when we look at the decision making role of a leader, he has to make a large number of decisions everyday for which he might not have all the information and which won’t allow him much time to think upon them otherwise he will have to compromise all other important things that he and his team has to complete. A leader, as we have already discussed is chosen because of his special abilities, and this intuitive decision making skills is a part of them. Although on the surface we might say that while intuitively making decisions, a leader does not takes into account all the information, but he is actually thinking with a different angle and approach using his abilities that other team members cannot(Bealer,1998). Difference between decisions made with logical reasoning and decisions made with intuition In the last part of this report we will now discuss the difference between logical decision making and intuitive decision making. Logical decision making involves a high level of reasoning and data that is analyzed in order to come up with a decision. this approach is mostly advocated by most of the critics because of the fact that through this type of decision making, a leader tends to take into account and mitigate a large number of threats and risks which he might not through intuitive decision making. However, this type of a decision making approach may require more time and resources to come up with the decision (Williams, 2001). Also these decisions are mostly based on the theoretical knowledge and proven facts. For example, as we have seen in a number of stock markets that when people with logical reasoning were un-holding their stocks with losses, there were some others as well who were actually earning by using their intuitive knowledge. On the other hand, as we have discussed above that while making intuitive decisions, a leader might not take much time to make those decisions as they are usually made in circumstances where there are time constraints. Moreover, a leader uses his abilities to reconcile his past experiences and trends to come up with the decision rather than core number, figures and theoretical knowledge only.  Another major difference between the two is that both the types of decisions can actually go in the opposite directions as well as we have already discussed above in the stock market example(Giannini Rhodes,1978). Conclusion Thus, the report will conclude the discussion with an argument that no one can actually say whether intuitive decision making is good or bad. It all depends on the situation. Yes, it is true that when there is adequate time and resources, the leader should also take into account the other approaches as well but in constraints of time, a leader may take these decisions depending on his abilities. Also we cannot also say which one of the two types of decision making is good or bad for the project because it again depends on the situation that the organization is in. however, as we know that intuitive decision making involves personal bias of leaders as well and may also reflect their personality traits such as risk taker or risk averse, it is recommended that whenever possible, a leader should take into account the logical reasoning approach and compare it with his intuitive perspective before taking any decision as it might make him realize a number of risks that he may have ignored in the first thought.

The Coral Ecosystem And How It Is Changing :: essays research papers

Coral reefs are one of nature’s most magnificent creations, filled with thousands of unique and valuable plants and animals. More than one quarter of all marine animals is dependent on coral reefs. Coral reefs are also a source of food and income for millions of people too. The coral reef ecosystems benefit humans commercially, recreationally and environmentally. Because of the complex interconnections between coral reefs, mangrove forests, sea grass beds, and many other different plants and animals, coral is very susceptible to destruction. One small change in any of these things can affect mass quantities of coral. That is why it is important to educate people about coral and how complex of a species they really are. That is the purpose of this report, to educate you and make you aware of that complexity.   Ã‚  Ã‚  Ã‚  Ã‚  Coral is often mistakenly identified as a rock, but in all actuality, it is an animal. The actual coral is composed of small animals called coral polyps. Most polyps are very small, although rare species can grow quite large. One coral branch or mound is composed of thousands of polyps. These thousands of polyps are called a coral colony. Polyps are nocturnal and stay inside their skeletons during the day. However, at night they can be seen when they stick their tentacles out to feed. Corals reproduce in many different ways. Some species are hermaphrodites, and produce both sperm and eggs, and some are single sexed organisms. They can reproduce both sexually or asexually. In most species, the egg and sperm are released into the water and random fertilization occurs. This is called coral spawning. The larva is attracted to the light and swims to the surface of the water where it remains for weeks. If the larva can survive without being eaten by predators, it will sink back to the bottom of the ocean floor. Hear it will attach itself to a hard substrate and will grow into a coral polyp. At this point, the coral polyp begins to reproduce asexually. As new polyps are built and added a colony develops. Eventually the coral colony matures and begins to reproduce sexually again, adding to the ever-continual cycle of life. One of the most amazing aspects of coral reproduction is that of mass coral spawning. In many parts of the world, on the same night of the year, every coral will spawn at the same time.

Educators and Philosophies of Education Essay

Thinkers of the ancient time are examples of treasures of the world that do not perish. Those philosophers who contribute to the every day living of each human being whether they are believers of Christianity or not, are really a pride of their eras since there are always events that apply the principles and theories they have established in their existence. There are many who prefer to live by the sayings and examples they have set, since people believe that they can have an easy life with these famous beliefs. In philosophy, it is not that easy to let someone believe what you say. It is an art to deliver them with integrity and compassion. Being someone of principles is something that is a bit difficult to achieve since we are humans who can break the rules that are set by the society or even by ourselves. There are many factors that should really be considered before we give something to others. Educators in turn shoulder this duty by disseminating the information to their pupils. I think, it is possible to teach these concepts if they have spent time thinking of the real meaning of each passage they will let their students learn. Of course, their purpose in standing in front of their students is to inculcate in them the knowledge and wisdom they opt to have depending on their ages, since learning also depends on the age and life experiences a person has. The art of teaching them with a purpose can be done if they will device an activity that they could insert the concept, say the concept of Socrates about materialism or so. It is an effective way of learning that someone enjoys what he/she is doing. In that way, the student can give at least sometime reflecting on the concepts they have heard or learned from the activity. Learning should be fun and should not be regarded as a burden since people live with the principles (that will serve as their foundations) they get from their childhood.

Similarities That the Friday the 13th and Halloween Movie

This essay will focus on the similarities that the Friday the 13th and Halloween franchises share. First, I will compare the movies and the years they came out. Second, I will touch on the characters and the actors who played them. Third, I will compare the revenue of both franchises. And Finally, I will critique both of the franchises, and hopefully something will be learned about these popular culture and cult horror icons. The Friday the 13th series consists of eleven brutal slasher films; the first one simply titled Friday the 13th( 1980), Friday the 13th part 2(1981), Friday the 13th part 3(1982), Friday the 13th: The Final Chapter(1984) in 3D,Friday the 13th: A new Beginning(1985), Friday the 13th part 6: Jason Lives(1986), Friday the 13th part 7: A New Blood(1988), Friday the 13th part 8:Jason Takes Manhattan(1989), Jason Goes To Hell: The Final Friday(1993), Jason X(2002), Freddy vs. Jason(2003), Friday the 13th(2009). The Halloween series started out two years prior to the Friday the 13th series, and has ten films; Halloween(1978), Halloween 2(1981), Halloween: Season of the Witch(1982), Halloween 4:The Return of Michael Myers(1988), Halloween 5: The Revenge of Michael Myers(1989), Halloween 6: The Curse of Michael Myers(1993), Halloween H20: Twenty Years Later(1998), Halloween Resurrection(2003), Halloween(2007), and Halloween 2(2009). On seven occasions both franchises put out a movie the same years (1981, 1982, 1988, 1989, 1993, 2003, and 2009). Both franchises did relatively well at the box office and over all revenue. Both of the franchises have a slasher character that has stood the tests of time. The Villain in the Halloween movies is a druid cursed psychotic killer named Michael Myers who has 94 confirmed kills. Jason Vorhees is the undead hockey masked being in the Friday the 13th movie series. He holds the record for confirmed kills in the movies with an outstanding amount of 141. Both characters wear a work suit and a mask. Jason Vorhees started out with a pillow case in part 2, and then he found a hockey mask in part 3 which solidified his character. Michael Myers started the killings wearing a William Shatner prototype mask he got from the Halloween store. Both franchises included reoccurring characters played by the same actors. Donald Pleasence was in five of the original six Halloween films, and really did well with his character Doctor Samuel Loomis. Donald Pleasence in fact died in the middle of filming Halloween part 6, and they had to alter the outcome of the movie. I was a fan of Donald Pleasence due to the Halloween movies, and even his black and white films from the fifties and sixties. Kane Hodder played Jason Vorhees in four of the Friday the 13th films (IMDbPRO, 2010). Jaime Lee Curtis played the character name Laurie Strode who was Michael Myers niece, which was not good for her, because he wanted to kill her. The Friday the 13th and Halloween franchises are both in the top five highest grossing horror films of all time; Friday the 13th being number one, and Halloween being number four. The total box office revenue for the Friday the 13th series is $465,239,523, and Halloweens total box office revenue is $366,893,444 (IGN, 2006). Both of the franchises also do well with merchandise sales as well. There is an extended amount of products each franchise has to offer including; masks, costumes, DVDs, t-shirts, video games, toys, dolls, comic books, novels, and bobble heads. The Jason Goes to Hell toy in the Mcfarlane toys Movie Maniacs Collection is a top seller (IGN 2010). It seems that each franchise wants to keep striving; they both have new movies, masks, toys, and comic books coming out this year. Both of the franchises do a lot with their DVD marketing and sales; they have DVD box sets, VHS box sets, extra scenes, digitally re-mastered versions, blue ray, and more. I know this because I have some of that stuff, because I am a collector. I am an all around fan of slasher movies, so I already knew most of what I was going to include. I personally like the Halloween series a little bit better, due to the in depth character origins, and extra creative story lines. There is also a certain amount of creepiness I love about the Halloween films; they are still made very scary and original. I will not take anything away from the Friday the 13th franchise; I think it is almost as good. Friday the 13th is not as storyline oriented as Halloween, but makes up with that in sheer brutality. Friday the 13th placed number seven on IGNs top twenty five franchises of all time. â€Å"One of the most influential franchises of the 1980s† (IGN 2010). I discussed the similarities of the two franchises, in the amount of movies, the characters, and the revenues of both franchises. The Friday the 13th franchise has made a little bit more money than Halloween, but they are both worth watching on a Friday night in October.

Renal Cell Caricnoma essays

Renal Cell Caricnoma essays Renal Cell Carcinoma: Genetic Causes :: How does the Von Hippel-Lindau Syndrome cause Renal Cell Carcinoma? In the course of researching information about Renal Cell Carcinoma, a cancer of the renal cells located in the kidney, the impact of Von Hippel-Lindau Syndrome and other genetic defects resulting in the formation of Renal Carcinoma was quite interesting. A great risk factor in the diagnosis of Renal Cell Cancer and the initial tumour formation would be the family history of the disease, and/or a family history of the Von Hippel-Lindau Syndrome, both of which are genetic defects that are passed down from generation to generation; analysis of this information would lead to the conclusion that genetic factors play an important role in the formation of the Renal tumours. Von Hippel-Lindau Syndrome is a genetic birth defect that is passed down through heredity. In a person that suffers from the Syndrome, the Von Hippel-Lindau Tumour Suppressor gene is deformed in certain cells, resulting in cells that turn into tumours more readily then normal cells. If a tumour does indeed form, the peripheral blood (or blood flowing alongside the tumour) will have a greater chance of picking up the deformed VHL gene. But how does the deformation of the VHL gene result in the formation of the tumour in the first place? The VHL gene mutation is a genetic disease found in 3 out of 100,000 people. Usually, carriers of this disease begin to form VHL-related tumours during ages 20-40. Some tumours that can be caused by the VHL defect are retinal blastoma, cerebellar blastoma, and, of course, renal cell carcinoma in the kidney. The VHL defect lies in the short arm of the 3rd chromosome; over 300 positions of the deformations have been reported worldwide, and some include entire deletions of the VHL gene from the chromosome. It has been discovered recently that the VHL protein that is transcripted f ...

Spanish Verbs for Trying

Spanish Verbs for Trying To try is one of those English verbs that will steer you down the wrong path if you try to translate it with just one Spanish verb. This lesson looks at the most common ways of expressing the idea of trying and related phrases such as to try to or to try out. Fast Facts Tratar de and intentar are are the most common ways of translating try when it means to attempt something.Esforzarse and phrases using esfuerzo can also be used to emphasize the effort given.When try refers to a testing or testing out, the preferred translation is usually probar. Trying as Attempting When try means attempt, it can usually be translated as tratar de or intentar followed by an infinitive. The two are roughly synonymous, although tratar de is more common. Note that intentar is a false friend to the English verb to intend - intentar involves an actual attempt, not a mere intent as the English verb does. Tratamos de hacer lo mejor para conseguir el objetivo. (We are trying to do what is best in order to reach the objective.)Trataron de resucitar al cantante durante ms de una hora en el hospital. (They tried to resuscitate the singer for more than an hour in the hospital.)Trataremos de resolver sus problemas. (We will try to resolve your problems.)Vamos a tratar de ganar el campeonato. (We are going to try to win the championship.)Intentamos resolver las dudas que puedan surgir. (We are trying to resolve the doubts that may arise.)Intentar es major que esperar. (Trying is better than waiting.)Me intentaron hacer un fraude. (They tried to commit a fraud against me.)Intento comprender la verdad. (I am trying to understand the truth.) Trying as Testing When to try means to test, as the phrase to try out often does, you can often use the verb probar: Probamos algo nuevo. (Were trying something new.)Los estudiantes probaron comidas de los diferentes paà ­ses. (The students tried meals of different countries.)Los terroristas probaban gases venenosos experimentando con perros. (The terrorists tried out poisonous gases by experimenting with dogs.)Me probà © la camisa y vi que estaba hecha exactamente a mi medida. (I tried on the shirt and saw that it was made exactly to my size.)Desde que probà © su consejo, mi vida cambià ³ para siempre. (Ever since I tried her advice, my life has been forever changed.)Pues, pruà ©balo y vers. (Here, try it out and youll see.)Voy a probar un nuevo truco de magia. (Im going to try a new magic trick.)Probà © suerte de nuevo y abrà ­ mi propio negocio. (I tried my luck again and opened my own business.) Trying as an Effort To try in the sense of put forth an effort can often be translated as esforzarse or a phrase such as hacer un esfuerzo por. Although intentar and tratar de can also indicate an effort, they put less emphasis on it than do esforzarse and phrases using esfuerzo. Sà © que puedes esforzarte ms. (I know you can try harder.)Me esfuerzo con toda intensidad por ser sincero. (Im trying as hard as I can to be honest.)Pero yo me esfuerzo todo lo que puedo. (Im trying to do everything I can.)Hago un esfuerzo por  apartar de mi mente lo ocurrido y concentrarme en mi trabajo. (Im trying to get my mind off of what happened and concentrate on my work.)Volvià ³ al sillà ³n e  hizo un esfuerzo por  relajarse.  (She returned to the rocking chair and tried to relax.)Es necesario hacer un esfuerzo. (It is necessary to try.) Legal Use of 'Try' To try in the sense of to put on trial can be expressed by procesar or juzgar: El juez procesà ³ ayer a ocho personas por el robo de armas de guerra. The judge yesterday tried eight people for the theft of military weapons.Juzgaron a los activistas de Greenpeace en Espaà ±a. The Greenpeace activists were tried in Spain. 'Try' as a Noun Try as a noun can often be translated well using intento: Haz de nuevo el intento. Give it another try. ¡Al menos hicieron  su mejor intento! At least they gave it their best try!Al menos resulta un intento divertido. (At least it was a fun try.)

Global Macroeconomic Imbalances as the cause of the crisis Essay

Global Macroeconomic Imbalances as the cause of the crisis - Essay Example This assignment seeks to present the various views of researchers with regards to the fact whether the micro-economic imbalance account for the main cause behind the crisis. The economic researchers have been increasingly involved in providing the basis and context for the occurring of the global financial crisis. Richard Portes have been particularly active in the media for his research on the origin as well as the implications of the recent credit crunch in the world economy. Richard has identified the main root and origin of the financial crisis as the world’s macro-economic imbalances which were responsible for bringing about huge inflow of capital across borders. This phenomenon was particularly overwhelming for the sophisticated financial systems present in the United States and the United Kingdom which was consequently responsible for the creation of asset price bubbles. This was also responsible for provoking ‘search for yield’ which with the support of th e credit rating agencies resulted in the creation of ‘toxic assets’ in the economy. Moreover during the break of the crisis coordination from the Central Bank was inadequate or not sufficient. This was considered to the main reason behind according to inference of Richard Roberts. He has also proposed a suitable solution to the problem as identified as above. His suggestion to the world economy was to deal with the macro-economic imbalances and also the remove the weaknesses of financial regulatory system. According to him the combined impact of the two solutions simultaneously would be the solution to the financial crisis (London Business School, 2008, p.1). Critical Assessment Following are some of the findings of the London Business School. The Russian Default occurring in August 1998 and the near death experience of LTCM was one of the main causes of imbalance in the financial markets. There were pervasive fears across the global economy during the month of Septembe r in the same year and by the beginning of October the US Treasury became liquid to a certain extent. This resulted in the fall in the dollar by about 15% in relation to the Yen in three