Think again : why good leaders make bad decisions and how to keep it from happening to you

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Title:

Author:

Finkelstein, Sydney.

ISBN:

9781422126127

Personal Author:

Finkelstein, Sydney.

Publication Information:

Boston, Mass. : Harvard Business School Press, c2008.

Physical Description:

xiv, 236 p. ; 24 cm.

General Note:

Includes index.

Contents:

In the eye of the storm -- Pattern recognition -- Emotional tagging -- One-plan-at-a-time -- Misleading experiences -- Misleading pre-judgments -- Inappropriate self-interest -- Inappropriate attachments -- Reducing risks with safeguards -- Selecting safeguards -- Leaders make good decisions.

Abstract:

"In this book, Sydney Finkelstein, Jo Whitehead, and Andrew Campbell - each a distinguished expert on strategy and decision making in corporations - show how the usually beneficial processes of the human mind can become traps: experience and emotion can distort our judgment, even while we're striving for objectivity, and we fail to spot errors in our thinking." "Think Again provides a new model to help us make better decisions. With vivid stories ranging across industries and disciplines, the authors deconstruct bad decisions and identify the forces that have produced them. They go on to show you how to recognize the conditions - red flags - under which good decision making is most likely to falter, and offer a way of selecting safeguards that reduce the risk and ensure better outcomes."--BOOK JACKET.

Subject Term:

Executive ability.

Decision making.

Added Author:

Whitehead, Jo.

Campbell, Andrew, 1950 August 3-

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025442126	658.409 F622T 2008	1	Searching... Unknown

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Summary

Why do smart and experienced leaders make flawed, even catastrophic, decisions? Why do people keep believing they have made the right choice, even with the disastrous result staring them in the face? And how can you be sure you're making the right decision--without the benefit of hindsight?

Sydney Finkelstein, Jo Whitehead, and Andrew Campbell show how the usually beneficial processes of the human mind can become traps when we face big decisions. The authors show how the shortcuts our brains have learned to take over millennia of evolution can derail our decision making. Think Again offers a powerful model for making better decisions, describing the key red flags to watch for and detailing the decision-making safeguards we need.

Using examples from business, politics, and history, Think Again deconstructs bad decisions, as they unfolded in real time, to show how you can avoid the same fate.