How Leaders Decide (Tackling Biases and Risks in Decision-making)

How Leaders Decide

Based on my hands on experience, I developed a quote many years ago and that is “Your today’s problems are yesterday’s wrong decisions. Take right decision today.”

When it comes to reading a book by Harjeet, who himself is a decision maker in his corporate role with 25 years of rich professional experience, one can imagine the style, the content and the everlasting impact that is going to leave on you. Almighty has given that inner vision and deep observation power to Harjeet, through which he picks up threads from daily life, interpret them in his own way and intelligently connect with management practices and principles making things so simple to apply and connect for corporate professionals and the result is that you get carried away with the book. This is the power of Harjeet.

Away of management jargons, complex definitions, theoretical concepts and diagrams, Harjeet has made one of the complex subjects of management-Decision Making – so interesting and simple that everybody would like to go through.

He is master storyteller. He has used this strength in this book also. Through stories, he has unfolded the complexity of the subject and makes readers aware how decisions are made in organisations and how it should be by using different metrics.

Did you know that organisations pay 300 times more money to their key decision makers than they pay to an average Joe? This book explains why. The book describes various types of decision making that happens in the organisations and the importance of each one in context of the situation.

The book focuses on improving decision effectiveness by creating a decision driven organisation, using data driven decision making, decision making models, skills, philosophy, and styles. The book gives insights on diagnosing the situation using the mix of the decision models including rational, intuitive, program, incremental, political, and garbage can models. It recommends the appropriate decision styles and techniques to be used in each situation.

The book guides you to set the right decision making environment by incorporating key decision elements like trust, ethics, creativity, diversity, inclusion and work life balance. It also discusses how to recognize and manage cognitive biases including unintelligent passion, sunk cost fallacy, comfort zone bias, authority bias, conformity bias, groupthink, indecision, and many more.

Ohio State University researchers claim that about 50% of business decisions end up in failure. The book gives you practical tips to implement decisions using proper decision execution planning and a perfect execution model. It elaborates the best practices in change management and communication. The book also suggests a decision evaluation model in which you know how your decisions are performing beforehand rather than doing a post mortem on a failure later.

The next generation of businesses are desperately looking for better decision makers to compete in the fierce, volatile, uncertain, complex, and ambiguous world. This book is a guide for business leaders in creating better decision making environments and organisation wide decision making skills. The book advises individual decision makers on how to adjust their decision making style to advance in their careers. If you are a management student, a manager, a CEO of a business organisation or a corporate professional or a startup business owner, this book is for you, because at the end of the day it is the decision, you take in different situations and circumstances, shapes your tomorrow. When your decision making is right, you are bound to grow and this book helps in sharpening your decision making skills.

Author : Harjeet Khanduja
Publisher : Sage Publications, Delhi
Edition : Kindle & Paperback
Price : (Kindle Edition) : Rs. 415/-

Harjeet Khanduja

is an International speaker, author, poet, influencer, inventor and an HR leader. He is currently working as Senior Vice President HR at Reliance Jio. He has 3 published patents and his book "Nothing About Business" is an Amazon bestseller. Harjeet has been a LinkedIn Power Profile, TEDx speaker, Guest Faculty at IIM Ahmedabad, Board Member of Federation of World Academics and Global Digital Ambassador. Harjeet features in Top 100 Global Thought Leaders 2021.

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Author

Harjeet Khanduja

is an International speaker, author, poet, influencer, inventor and an HR leader. He is currently working as Senior Vice President HR at Reliance Jio. He has 3 published patents and his book "Nothing About Business" is an Amazon bestseller. Harjeet has been a LinkedIn Power Profile, TEDx speaker, Guest Faculty at IIM Ahmedabad, Board Member of Federation of World Academics and Global Digital Ambassador. Harjeet features in Top 100 Global Thought Leaders 2021.

Nov. 2022 Issue

Decoding Gen Z - November 2022

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