Embracing Ambiguity: Making Judgment Calls when the Future is Hazy
Trying to predict the future with any precision is a fool’s game, but ignoring it is suicidal. The right approach lies somewhere between prediction and neglect. Recent research has revealed a positive correlation between a leader’s tolerance for ambiguity and the successful management of paradoxes: Troy University management professor Debra Hunter says that a high tolerance for ambiguity entails a tendency to perceive ambiguous situations … [ Read more ]
Content: Article | Authors: David L. Dotlich, Peter C. Cairo, Stephen H. Rhinesmith | Source: The Conference Board Review | Subjects: Leadership, Management, Strategy
Peter C. Cairo, David L. Dotlich, Stephen H. Rhinesmith
We work with many scientists, chemists, engineers, and accountants. By training, they are usually able to absorb, digest, and analyze large amounts of information. Their challenge is in making the leap from information to implication. Frequently, head-only leaders will struggle with the implications because wild swings in social, economic, and technological trends undermine logical, fact-based forecasts. Guts-only leaders will miss the boat because their … [ Read more ]
Content: Quotation | Authors: David L. Dotlich, Peter C. Cairo, Stephen H. Rhinesmith | Source: The Conference Board Review | Subjects: Decision Making, Leadership