Wise Decision-Making: Stepping Up to Sustainable Performance
An ambiguous, complex business environment. An inter-connected world. A society switched-on 24/7 to corporate errors. The life of a leader has never been tougher. And despite the best efforts of many, trust remains fragile. Leadership today is filled with difficult social, environmental and ethical dilemmas.
Based on the input of 363 business leaders, this global Amrop study gauges the current health of leadership decision-making, to support the journey from smart to wise.
From Smart to Wise: What’s the difference, and why should it matter?
Smart decision making is critical to create and capture economic value. But it is unlikely to equip leaders and organizations to deal with today’s complexity, or ultimately earn legitimacy.
Wise decision-makers take specific measures to address business dilemmas in a holistic way. Not only do they create and capture economic value, they build more sustainable and legitimate organizations.
Focusing on factors over which leaders can exercise some control, our model includes a clear framework with practical tools, and addresses:
- Self Leadership: how leaders exercise self-governance
- Motivational Drivers: what drives leaders’ choices
- Hygienes: how leaders nourish their decision-making ‘health.’