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

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More About This Book

Overview

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.

Editorial Reviews

FT.com

Think again, the authors say. They are right. Reading this book will not mean you pursue a mistake-free career. But choosing to read it may be one of your better decisions.

More Reviews (1) Fewer Reviews
From The Critics

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

Product Details

  • ISBN-13: 9781422126127
  • Publisher: Harvard Business Review Press
  • Publication date: 2/2/2009
  • Pages: 256
  • Sales rank: 220,237
  • Product dimensions: 6.30 (w) x 9.30 (h) x 1.10 (d)

Meet the Author

Jo Whitehead and Andrew Campbell direct the Strategic Management Centre at Ashridge Business School. Sydney Finkelstein, the author of Why Smart Executives Fail, is a professor at the Tuck School of Business at Dartmouth, and regularly lectures on leadership and why leaders fail.

Table of Contents

Pt. 1 How Your Brain Makes Decisions 1

1 In the Eye of the Storm 3

2 Pattern Recognition 15

3 Emotional Tagging 31

4 One Plan at a Time 55

Pt. 2 Why Decisions Go Wrong 73

5 Misleading Experiences 75

6 Misleading Prejudgments 89

7 Inappropriate Self-Interest 107

8 Inappropriate Attachments 129

Pt. 3 Red Flags and Safeguards 155

9 Reducing Risks with Safeguards 157

10 Selecting Safeguards 179

11 Leaders Make Good Decisions 199

App. I Database of Cases 205

App. II Database of Safeguards 211

Notes 219

Index 231

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