Tag: decision-making process

If there is a recession, having most employees working remotely will benefit the bottom line at many companies. Leaders who don't grasp this reality will fade into irrelevance as economic conditions worsen

Work from home productivity is higher than in the office, especially on individual tasks. Since most employees prefer hybrid or remote work, a policy of flexibility helps companies maximize both retention and productivity.

Companies can effectively retain social capital in the hybrid and remote work environment by applying hybrid work best practices, such as the virtual watercooler and virtual coworking. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes Google’s myth of losing social capital in hybrid work.

Financial incentives are not effective motivators after a salary sufficient for a middle-class lifestyle. Leaders need to address the emotions of employees first and foremost and thus overcome the empathy gap through emotional and social intelligence.

Gathering active and passive feedback plays a vital role in improving stakeholder membership engagement. Learning to love constructive feedback ensures that leaders can fulfill stakeholder expectations appropriately. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes effective strategies to gain constructive feedback.

Gathering active and passive feedback plays a vital role in improving stakeholder membership engagement. Learning to love constructive feedback ensures leaders can fulfill stakeholder expectations appropriately.

The confirmation bias causes leaders to look for information that confirms their beliefs and reject information that does not. To overcome this dangerous cognitive bias, leaders should test decisions by trying to prove themselves wrong. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes how confirmation bias reduces business profits.

The confirmation bias causes leaders to look for information that confirms their beliefs, and rejecting information that does not. To overcome this dangerous cognitive bias, leaders should test decisions by trying to prove themselves wrong.

Future-proofing allows organizations to plan countermeasures and allocate resources for possible problems ahead of time, helping leaders avoid cognitive biases. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes how to future-proof your leadership.

Leaders need to address the emotions of employees first and foremost in order to overcome the empathy gap through emotional and social intelligence. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes how to defeat the empathy gap.