Description
The PPT explains about understanding why good leader takes bad decisions.
WHY GOOD LEADERS MAKE BAD DECISIONS??
OVERVIEW
? ?
?
? ?
How the Brain works Pattern Recognition Emotional tagging Red Flag Conditions Safeguarding against biases
How the Brain works?
?
Depends on two processes
Pattern recognition ? Emotional tagging
?
?
Both normally reliable and part of evolutionary advantage
Pattern recognition
?
Integrates information from as many as 30 different parts Makes judgment based on previous experience
?
?
Can also mislead us.
Emotional tagging
? ? ?
?
Emotional information attaches itself to the experiences This information tells us what sort of action to be done Any damage to the part that control emotions can lead to slow and incompetent decisions Can mislead as well
Eg : Wang Laboratries
Reasons
? ? ? ?
Most of the mental work is unconscious Brain does not follow the classical textbook model Relies only on pattern recognition and emotional tags Do not revisit our initial assessment
Red Flag conditions
?
Inappropriate self-interest
?
Distorting attachments
Misleading memories
?
Safeguarding against biases
?
Injecting fresh experience or analysis
?
Introducing further debate and challenge
Imposing stronger governance
?
Conclusion
?
Should incorporate checks in decision making
?
Involve someone else with no self-interest
Finding ways to safeguard against biases
?
QUESTIONS??
doc_612260870.ppt
The PPT explains about understanding why good leader takes bad decisions.
WHY GOOD LEADERS MAKE BAD DECISIONS??
OVERVIEW
? ?
?
? ?
How the Brain works Pattern Recognition Emotional tagging Red Flag Conditions Safeguarding against biases
How the Brain works?
?
Depends on two processes
Pattern recognition ? Emotional tagging
?
?
Both normally reliable and part of evolutionary advantage
Pattern recognition
?
Integrates information from as many as 30 different parts Makes judgment based on previous experience
?
?
Can also mislead us.
Emotional tagging
? ? ?
?
Emotional information attaches itself to the experiences This information tells us what sort of action to be done Any damage to the part that control emotions can lead to slow and incompetent decisions Can mislead as well
Eg : Wang Laboratries
Reasons
? ? ? ?
Most of the mental work is unconscious Brain does not follow the classical textbook model Relies only on pattern recognition and emotional tags Do not revisit our initial assessment
Red Flag conditions
?
Inappropriate self-interest
?
Distorting attachments
Misleading memories
?
Safeguarding against biases
?
Injecting fresh experience or analysis
?
Introducing further debate and challenge
Imposing stronger governance
?
Conclusion
?
Should incorporate checks in decision making
?
Involve someone else with no self-interest
Finding ways to safeguard against biases
?
QUESTIONS??
doc_612260870.ppt