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The Risks and Traps of Decision-Making

Skip Prichard

We’re bombarded by a modern environment that operates against us. I identify 10 judgment-related traps that affect decisions, summarized with the mnemonic PERIMETERS – this stands for power, ego, risk, identity, memory, emotion time, ethics, relationships, and stories. Past decisions also affect ethical choices.

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Knowledge Is Power. Data Isn’t.

In the CEO Afterlife

When I was a CMO and CEO, I operated with an entrepreneurial mindset that required taking decisions as early as possible. To be fair, the ‘act early’ ethic prevails in corporate cultures that worship entrepreneurial thinking. To be fair, the ‘act early’ ethic prevails in corporate cultures that worship entrepreneurial thinking.

Power 100
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How to Become Truly Social

Coaching Tip

The answer is for organizations to develop the institutional frameworks to replace traditional structures and forms of governance and establish a more human operating system in which governance, culture and leadership systems are harmonized and synchronized. 4) Seek to inspire, not just motivate. 6) Give trust away.

How To 110
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The Big Picture of Business – What Business Must Learn: Putting.

Strategy Driven

Tactics deemed as ’standard operating procedure’ for some companies were exposed and ridiculed by others. How much further should we extend ethics? Sadly, many of the perpetrators did not see lapses in ethics… it was legal and just business to them. Formerly sainted icons went down in disgrace.

Ethics 58
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3 Questions About AI That Nontechnical Employees Should Be Able to Answer

Harvard Business Review

How companies are using artificial intelligence in their business operations. People do not need to know how to fly a plane to be able to spot sensible new airline routes. If employees have thought about proper ethical limitations of AI, they can be important guards against its misuse. Insight Center. Adopting AI.

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Watching Wise Leaders Deal With Complexity

Harvard Business Review

Mackey told us in our interview that he believes that in recent decades, capitalism has lost its ethical mooring and that the explosion of corporate scandals is evidence of this drifting. But these leaders don't rely on their intelligence alone to help their organizations navigate the complex business environment in which they operate.

Ethics 9
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Followership : Blog | Executive Coaching | CO2 Partners

CO2

Moreover, ethical followers can help leaders avoid making questionable decisions and high performing followers often motivate leaders to raise their own levels of performance. Brown-Nosers constantly check in with their leaders and operate by seeking permission, rather than forgiveness.