Think Again: Why Good Leaders Make Bad Decisions and How to Keep It From Happening to You

Hardcover
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Author: Sydney Finkelstein

ISBN-10: 1422126129

ISBN-13: 9781422126127

Category: Leadership

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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. T+D Magazine Think Again ends constructively, with feasible safeguard options such as group debate, accountability, governance, and monitoring that protect one from poor choices.

Pt. 1 How Your Brain Makes Decisions 11 In the Eye of the Storm 32 Pattern Recognition 153 Emotional Tagging 314 One Plan at a Time 55Pt. 2 Why Decisions Go Wrong 735 Misleading Experiences 756 Misleading Prejudgments 897 Inappropriate Self-Interest 1078 Inappropriate Attachments 129Pt. 3 Red Flags and Safeguards 1559 Reducing Risks with Safeguards 15710 Selecting Safeguards 17911 Leaders Make Good Decisions 199App. I Database of Cases 205App. II Database of Safeguards 211Notes 219Index 231