News: Performance Management
Decision-makers' judgement 'can benefit from management training'
02 February 2009
Management training for decision-makers can improve the quality of strategic choices, a new book asserts.
Think Again: Why Good Leaders Make Bad Decisions and How To Keep It From Happening To You identifies a series of 'red flags' which indicate poor reasoning among executives.
According to Management Today, the book's authors, Jo Whitehead, Andrew Campbell and Sydney Finkelstein, claim there are four of these conditions people must be aware of.
These include falling foul of misleading experiences which suggest similarities between unfamiliar situations and past successes and errors in making ill-informed prejudgements.
In addition, the authors suggest management training can help identify inappropriate self-interest and an attachment to people or elements of the business as other factors which can cloud judgement, improving the decision-making process.
David Chittock, the president of Incentra, recently wrote in Sales and Marketing Management that autobiographies can help executives undergoing training to develop their leadership styles.
He suggests these can teach lessons in outside-the-box thinking and the importance of personal strength and perseverance.
