By David Butler,
Last week a photo broke online that showed Jürgen Klopp’s office shelf. In addition to golden gnomes, a squad photo, a dictionary and a beer, Klopp has a copy of Daniel Kahneman’s ‘Thinking, Fast and Slow’. Beside this appears to be a copy of ‘Risk Savvy: How to Make Good Decisions’ by Gerd Gigerenzer. Klopp’s choices are interesting. Economics/Psychology books take pride of place over perhaps more traditional Strategy, Leadership and Management books.
Last week a photo broke online that showed Jürgen Klopp’s office shelf. In addition to golden gnomes, a squad photo, a dictionary and a beer, Klopp has a copy of Daniel Kahneman’s ‘Thinking, Fast and Slow’. Beside this appears to be a copy of ‘Risk Savvy: How to Make Good Decisions’ by Gerd Gigerenzer. Klopp’s choices are interesting. Economics/Psychology books take pride of place over perhaps more traditional Strategy, Leadership and Management books.
One key cognitive bias Kahneman outlines in his book is the planning fallacy. This is our propensity to overestimate the benefits of a project and underestimate its costs. This bias can lead to us naively taking on risky projects. I wonder did Klopp read Thinking, Fast and Slow’ before or after joining Liverpool?
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