good leaders make bad decision.ppt

Download GOOD LEADERS MAKE BAD DECISION.ppt

Post on 25-Oct-2015

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organization behavior

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  • How the Brain worksPattern RecognitionEmotional taggingRed Flag ConditionsSafeguarding against biases

  • Depends on two processesPattern recognitionEmotional tagging

    Both normally reliable and part of evolutionary advantage

  • Integrates information from as many as 30 different parts

    Makes judgment based on previous experience

    Can also mislead us.

  • Emotional information attaches itself to the experiencesThis information tells us what sort of action to be doneAny damage to the part that control emotions can lead to slow and incompetent decisionsCan mislead as well Eg : Wang Laboratries

  • Most of the mental work is unconsciousBrain does not follow the classical textbook modelRelies only on pattern recognition and emotional tagsDo not revisit our initial assessment

  • Inappropriate self-interest

    Distorting attachments

    Misleading memories

  • Injecting fresh experience or analysis

    Introducing further debate and challenge

    Imposing stronger governance

  • Should incorporate checks in decision making

    Involve someone else with no self-interest

    Finding ways to safeguard against biases

  • QUESTIONS??