Four tests McKinsey authors Andrew Campbell and Jo Whitehead request managers and leaders to do before engaging in an instinct-based decision making process. Doing Familiarity, Feedback, Measured-Emotion and Independence tests do trigger events that would allow the human mind to be more conscious! The article does not specify what types of instinct-based decisions...

Back in December 2009, I blogged about the ‘CEO’s from Within‘. In that article, I expressed my opinion on the viability of having a CEO from the inside, from within the senior leadership of organizations to reach the helm and be the next-CEO. I still believe in this opinion. Nonetheless, It’s fair to mention that It came as a surprise to me...

 IT HAS long been known in financial markets that people are so reluctant to lose money that they will take big risks to avoid it. If you give the average person a 90% chance of winning a little money or a 10% chance of winning a lot, he will most likely take the option that offers him at least a little bit of cash. But offer him a 90% chance of losing a little...

… Business needs more people like “juror number eight”. Mr Fonda’s character has the courage to question the rationale for important decisions—even if that means swimming against the tide. Poor decisions in risk management and a host of other areas have helped plunge many of the world’s largest banks and other financial outfits into a seemingly...