The most recommended books on decision making

This book by Graham Allison (revised and expanded with Philip Zelikow) examines how leaders frame problems, gather information, and arrive at decisions and actions in times of crisis and pressure.

The volume examines closely the Cuban Missile Crisis and the processes which led to its resolution. It was a time of immense tension, and the template used by leaders to make their decisions was critical.

While this book is clearly an examination of how government and political leaders operate in arriving at decisions in times of crisis, there are immense implications for any organizational leader.

Allison offers a number of decision-making lenses that are available to leaders: the rational model, based on goal analysis and utility and best payoff; the bureaucratic or organizational process model, based on making decisions embedded in preexisting lines of authority, precedent, repertoires, and templates that have been used before; or the political model, based on… show more.

Downs does a great job of explaining how democratic decision-making links voter preferences to public policy outcomes. He looks at political preferences as existing on a left-to-right continuum and concludes that democratic elections tend to select the candidates whose preferences most closely reflect the median voter—the voter whose preferences fall in the middle of that left-right continuum. He offers a few caveats, one being that because one vote has a vanishingly small chance to affect an election outcome, voters tend to be rationally ignorant on political matters. There is no payoff to becoming informed because an election outcome will be the same regardless of how any individual voter votes.

A very well-written book by a reporter from the New York Times (also the author of The Power of Habit). The author's style of writing, which is then blended with stories of people and organizations, kept me glued as if I was reading a news story.

It is one of the best books written on productivity I have ever read! There is such a broad range of people and stories, but all wrapped up into eight key concepts about focus and productivity. This book can help you understand why some folks (organizations) are so much more productive than others.

This book shows that America, since its inception, has followed an imperialistic policy to dominate the world; it built the strongest army in history, and the most advanced military industry. To project power and be able to intervene anywhere, America built about 750 military bases overseas in 80 countries. However, America’s relative decline due to China’s rise, lead America’s policymakers to transform many states into failed states that cannot control all their territories, weak for America to dominate, but unstable to create headaches for their neighbors as the cases of Iraq, Libya, Syria, Ukraine, and Yemen demonstrate. America’s military budget for 2023 is $858 billion, the equivalent of 1/3 of the combined gross domestic product of the 54 African countries. Does this scare you, or comfort you?

There is a certain kind of literature that takes my breath away. In my experience, there is nothing more exhilarating than reading a book that you think is contemporary that veers, with the reader hardly noticing, into the speculative. I adore books that take the ordinary world and sprinkle it with magic and possibilities.

With this book, Matt Haig answers a question many of us contemplate: What if? What if I’d taken the other fork in the road? This book answers that question for one flawed, beautiful character, and I was enthralled with every page.  

This was a fascinating book that told the interesting story of the brilliant minds that pioneered behavioral economics. Even aside from the actual psychological concepts discussed, the story itself was great.

I found the part about the pushback from the more classically trained University of Chicago-type economists that the early behavioral economists got to be something I wouldn’t have thought would have been the case. The book also provided many examples that introduced the world of how behavioral economists think to me.

It’s a wonderful read for anyone interested in psychology or economics.

Based on scientific arguments, this book shows how strongly incorrect drives are stuck in our brains, causing us to think that we are making a logical decision, while this is not the case.

The best example I tell everybody: Look at your attic that you want to clean out. You empty your cupboards, and almost always, a large part goes back into the cupboard because it is a waste. But if you are offered the same stuff for free, you usually don't want it.

The message of this example: Your brain finds it difficult to get rid of something you have, and it is a non-rational reaction that occurs in our fixed brain.

Greg McKeown's Essentialism: The Disciplined Pursuit of Less is more than a book; it's a life-altering philosophy.

As someone brimming with creative energy and ideas, I found myself often lost in a sea of projects, losing sight of my true goals. This book was a revelation. It adeptly distinguishes between essentialist and non-essentialist mindsets, compelling you to evaluate your intentions and commitments.

Through its teachings, I've learned to eliminate non-essential projects, focusing only on what truly aligns with my core objectives. It's a must-read for anyone looking to declutter their life and mind, ensuring that every action taken is a step towards what genuinely matters.

The journey of trimming the unnecessary from my life is ongoing, but it's liberating to have fewer, more meaningful irons in the fire.

Roger Martin is a mentor. I learned how to think strategically from him, first-hand. In fact, I hated strategy until I met Roger. He is one of the brightest thinkers on the planet. I use his frameworks daily in my work. His concept of integrative thinking, taught while he was dean of the University of Toronto’s progressive Rotman School, is all about the ability to hold two opposing ideas in your head at once. This is the stuff of breakthrough. The challenge is to avoid either/or thinking when considering two different ideas and synthesize them into an altogether new concept that improves on both. It’s like alchemy for the mind.

This is technically a textbook and isn’t marketed as a book you bring to the beach. But sometimes, it’s more satisfying to have the big ideas on a topic patiently explained to you in an orderly fashion than to try to pick them up from stories and arguments.

This paperback, coauthored by one of my graduate school teachers (Hastie), explains the famous discoveries by Amos Tversky and Daniel Kahneman on biases in human reasoning, which Kahneman presented in his bestseller Thinking, Fast and Slow (too obvious for me to include on my list). It also explains lesser-known but still fascinating discoveries and has helpful appendices for those of us who forget some of the basics of probability theory.