Left Brain Right Stuff: How Leaders Make Winning Decisions

Journal Title: SDMIMD Journal of Management - Year 2015, Vol 6, Issue 2

Abstract

Listed in the Best Business Books of 2014, Phil Rosenzweig's book presents an interesting point of view on why it is important to consider both left brain (analytic) and right brain (intuitive and judgment based) approaches in any consideration of leadership and managerial behavior. The book is timely because a lot of interest has been focused very recently on "big data" and how managers today have extensive real time data from the marketplace and how, as a consequence, detailed analytical bases can inform managerial decisions. But, the main point of the book is that while analytic (left brain) approaches have indeed expanded greatly as a consequence of our ability to collect and make sense of vast amounts of data inexpensively (often uncovering relationships between managerial decision variables that were not even anticipated), true success in leadership/management often requires an appreciation of specific aspects of the context in which a decision has to be made including the nature of competition which the manager can only gain through employing what the author refers to as the "right stuff" i.e. a careful consideration of the manager's biases and other "qualitative" aspects of the decision context which are then individually discussed in the book's twelve chapters. Before a formal review of the book's content, it is also worth noting that the author is a professor at IMD, Lausanne (Switzerland) which is a major center of executive education and the book, therefore, represents deep insights gained by the author over a long career in consulting and executive teaching.

Authors and Affiliations

Keywords

Related Articles

A Study of Investment Behavior of Households in Virudhunagar District

Investment of hard earned money is a crucial activity of every human being. Investment is the commitment of funds which have been saved from current consumption with the hope that some benefits will be received in future...

Quality of Work Life and its Impact on Job Satisfaction in Small Scale Industrial Units: Employees Perspectives

The presence of Quality of work life (QWL) in organization, leads to numerous positive outcomes. There are many studies on QWL in large scale industrial units but there is not much of studies on QWL in small scale indust...

Instrument Development and Validation: Educator Characteristics Scale

There are a number of factors based on which a teacher is assessed for performance and for best student outcome. This paper focuses on nine specific professional characteristics of educators and teacher efficacy, all of...

Composite Portfolio Performance: An Investigation into Indian Mutual Funds

Earlier in the 1960s, though they were aware of the concept of risk, the portfolio managers did not know as to how to measure and hence their performance was measured only in terms of rate of return. Though quite a few m...

Privatization as the Source of Organizational Change in the Israeli Labor Federation (the Histadrut): an Israeli Case Study

The original Histadrut was founded as a welfare agency, as a socialist entity the Histadrut was politically and economically linked to the Labor Party which helped fund it while in government. The purpose of this researc...

Download PDF file
  • EP ID EP498976
  • DOI 10.18311/sdmimd/2015/2660
  • Views 92
  • Downloads 0

How To Cite

(2015). Left Brain Right Stuff: How Leaders Make Winning Decisions. SDMIMD Journal of Management, 6(2), 59-62. https://europub.co.uk/articles/-A-498976