With the recent announcement of the launch date of the United Arab Emirates Moon mission, it is timely to discuss the impact of space programs on national economies and globalization. Space programs have had a profound impact on both. The UAE has always been a country that looks towards the future. From becoming the first country in the Middle East to send a probe to Mars, or build a Moon
1. Articles written by Omar
Why the Sunk Cost Trap makes Decision-Makers Irrational by Omar M. Almahmoud
The sunk cost trap is a cognitive bias that leads us to believe that we have to keep investing in something as long as we have invested so much in the past, regardless of whether or not it is rational to do so. This trap can lead us to make bad decisions that can have far-reaching consequences. As leaders, it is important to be aware of this trap and how
What Governments & Organizations can learn from Futurists by Omar M. Almahmoud
As the world progresses, it’s more important than ever for governments & organizations to be future-focused in their thinking. This is especially true when it comes to strategic planning. After all, the whole point of strategic planning is to map out a course for the future. So, how can governments & organizations make sure they’re doing strategic planning the right way? Well they can start by taking lessons from futurists.