MIAMI, July 16 /EMWPresswire/ -- In one word - CHECKLISTS. Think that sounds trivial? Well, the World Health Organization (WHO) has recently endorsed the concept of a "WHO Surgical Safety Checklist". WHO believes the checklist will act "as a tool for surgical teams worldwide to improve patient safety." Checklist training, and therefore mentality, is mandatory for pilots. How else could they be certain of avoiding silly mistakes? Another checklist advocate is Charlie Munger. And, according to Warren Buffett -- "Charlie has the best 30-second mind in the world. He goes from A to Z in one move. He sees the essence of everything before you even finish the sentence." (Forbes, January 22, 1996) Here's how Mr. Munger's checklist method can help US get smarter. Essentially, he has grabbed the BIG IDEAS from business, human behavior, economics and finance. When facing an issue, he has a checklist of these ideas (mental models) in his mind and quickly picks the one(s) applicable to the given situation, much as the pilot automatically goes through a checklist prior to take-off. Dean Isaji has, after several years of research, developed a website -- http://www.ThinkMentalModels.com -- inspired by Mr. Munger's work. To date, he has compiled a list of over 100 mental models (checklists). A former MBA, he states, "During an average day, we receive many stimuli from our environment -- new information, a question, a problem, a sales pitch -- and we respond. Using the checklist concept enables a better, smarter response." He continues, "For example, in buying a house, or a car, you'd want to consider the 'PrOACT decision' and 'negotiation' models. Or, if you were facing a process issue at work, you could immediately think of the 'K-T why' model. When reviewing your own work, you might go to the 'confirmation bias' model. The possibilities to think better are endless." Who can benefit? He adds, "Students, knowledge workers and investors will find it most useful. Actually, each mental model idea is fairly simple. And it's a lot of fun once you get started." So, the secret's out about how people like US get really smart. What are you waiting for?
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