Dozens of books have been published recently on the errors and biases that affect our judgments and choices. Drawing on cognitive science, their lessons are excellent for many kinds of decisions – consumer choice and financial investments, for example – but stop short of addressing many of the most important decisions we face in management, where we can actively influence outcomes and where competitive forces mean we have to outperform rivals.
As Phil Rosenzweig shows, drawing on examples from business, sports and politics, this sort of decision-making relies on mastering two very different abilities. First, the analytical problem-solving skills associated with the brain’s left hemisphere; and second, what Tom Wolfe called ‘the Right Stuff’: the ability to take calculated risks.
Bringing fresh and often surprising insights to topics including confidence and overconfidence, the uses and limits of decision models, leadership and authenticity, expert performance and deliberate practice, competitive bidding and new venture management, Left Brain, Right Stuff, the myth-busting follow-up to The Halo Effect, explains how to perform when making even the most difficult decisions.
Category: Leadership
Bronze medal
Best Business Books Awards of strategy+business (s+b)
Category: Executive Self-Improvement
How can companies adapt to the shifting dynamics of US policy and an increasingly fragmented world? As the dust settles on the 2024 US election how can companies adapt to the shifting dynamics of US policy and an increasingly fragmented world?
Discover how "The Leadership House" framework empowers leaders to overcome challenges. Explore its six pillars—trust, teamwork, shared values, goals, accountability, and empowerment.
Sustainability is now a pivotal in corporate strategy. Focusing on these 'narratives' or approaches will help you integrate sustainability into your overarching business strategy. Sustainability is now a pivotal in corporate strategy. Focusing on ...
IMD Dean of Research, Anand Narasimhan, shares his insights on fostering a resilient, empowered, and engaged workforce.
It’s time to retire the word ‘empowerment’ so that women can step into their innate power.
As algorithms increasingly populate our environment, we need to think for ourselves even more. The way to do this is through harnessing the power of intuition – which begins by understanding the difference between human and machine intelligence. A...
Concession-making can foster healthy relationships and encourage a collaborative working environment. Here's why it works – and when not to do it Concession-making can foster healthy relationships and encourage a collaborative working environment....
An exploration of mental health in family business and its triggers, symptoms, and implications on the family enterprise ecosystem with tangible next steps to help leaders achieve long-term success.
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications