Tag: behavioral economics

  • MCI Professor Johannes Siebert Receives Prestigious SDP Award

    MCI Professor Johannes Siebert Receives Prestigious SDP Award

    International recognition honors outstanding contributions to data-driven decision-making, supply chain management, and societal impact | Award presented at the 32nd SDP Annual Conference at the University of Massachusetts in Boston

    Johannes Siebert, Professor of Decision Sciences, Behavioral Economics, and Supply Chain Management at MCI, has been honored with the “Inspirational Achievement Award” by the Society for Decision Professionals (SDP). This internationally renowned award was presented during the 32nd SDP Annual Conference at the University of Massachusetts in Boston, recognizing exceptional achievements in decision analysis and outstanding commitment to advancing the field.

    At MCI, Johannes Siebert conducts research and teaching in the field of decision analysis, with a strong focus on data-driven decision-making, behavioral economics, and multi-criteria methods. A particular emphasis lies on the role of artificial intelligence in decision processes, as well as on making decision quality measurable and trainable – key aspects in fostering innovation, digitalization, and future competencies in both academia and industry.

    “Decision science is at a turning point: artificial intelligence is transforming how decisions are made. However, at the same time, the importance of structured, value-focused decision processes has never been greater. This award strongly motivates me to further advance the field across research, practice, and teaching,” says Johannes Siebert.

    Johannes Siebert regularly contributes his expertise to international applied projects for both private and public sector partners, including initiatives in the energy, transportation, and pharmaceutical industries. His achievements have earned him multiple nominations for the Practice Award of the Decision Analysis Society. His excellence in teaching has also received international recognition, including a finalist nomination for the highly regarded European Award for Excellence in Teaching in Social Sciences and Humanities.

    MCI Rector Andreas Altmann adds: “This award highlights what MCI stands for: excellence in research, strong practical orientation, and active engagement with key societal challenges. Johannes Siebert exemplifies these values and strengthens MCI’s international reputation as a leading institution in decision sciences and management education.”

    Further links:

    MCI Professor Johannes Siebert Nominated as Finalist for European Teaching Award

    International recognition for MCI Professor Johannes Siebert

    Best Paper Award – Decision Sciences Journal of Innovative Education

    Think Beyond: Smart Decision Making and Great Ideas at TEDxInnsbruck – MCI Innsbruck

    Learning to Decide Wisely and Becoming Happy

    The original press release can be found here: https://www.mci.edu/en/media-en/news/7127-mci-professor-johannes-siebert-receives-prestigious-sdp-award

  • Realize your dreams through sound decision making

    Realize your dreams through sound decision making

    In an article in the FOCUS Online Expert Circle, I explain the biggest mistake made in decision-making and how to easily avoid it.

    The biggest mistake is that many people are content with the default decision-making situations and don’t actively engage with what they should (actually) be deciding on. It’s essential to think outside the box and (pro-)actively take control of our own decisions.

    And there is hope! Proactive decision-making is a skill that anyone can learn. A practical approach is to think through every decision-making situation with three key questions in mind:

    1. How can we best define decision-making situations?

    2. How can we identify the objectives relevant to a decision?

    3. How do we discover excellent options for action?

    I answer these and other questions in the interview. Read the full article here: https://www.focus.de/experts/fundierte-entscheidungsfindung-stellen-sie-sich-drei-schluesselfragen-um-traeume-zu-verwirklichen_id_259706293.html

    I also discuss the importance of being your own decision architect—a concept I explore in more depth in my TEDx Talk.

    English TEDxTalk: https://bit.ly/TEDxTalkSiebert

    German translation: https://bit.ly/TEDxTalkText

    Looking for more in-depth insights? My free online course “Proactively making smart decisions” is waiting for you with comprehensive material – ideal for a rainy February. Discover strategies for making smart decisions and expanding your horizons from the comfort of your own home. Register now and take the opportunity to expand your knowledge!

    Discover the course: https://imoox.at/course/smartentscheiden

    I was hoping you could stay up to date and not miss any of my posts in the FOCUS Online Expert Circle. Follow me and network with me for exciting insights and current discussions. I look forward to exchanging ideas with you!