To Ponder: Is Speed Enough?
As a Change Leader, you make a multitude of decisions everyday. But how often do you consider the effectiveness of your decision making?
In an analysis conducted in 2005, human decision making was considered against several mathematical decision models on six criteria:
- Transparency,
- Consistency,
- Accuracy,
- Improvement,
- Adaptability, and
- Speed.
The end result: Human decision-making beat mathematical decision models in just one of the six areas:
Speed.
For any of you that have read Thinking Fast and Slow, this aligns with Kahneman’s classic ‘System 1’ fast thinking model.
The question you for you to consider this week is as a Change Leader:
Is Speed enough to drive success in your organisation?
If not, how can you build in decision supports to make up for your very human abilities?
Send Me Your Change Leadership Questions!
I’m starting up a new series where I address your questions & challenges through video mini-masterclasses. I’ve received some great ones so far, please keep them coming!
