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Cognitive biases affect human decisions. Here’s a primer on the most common decision-making challenges—and practices that organisations can implement to overcome them.
On April 2 the US is set to implement a new wave of tariffs under its Fair and Reciprocal Trade Plan. Details of the plan that will impact all US trading partners are not yet known, but the US administration has suggested these tariffs will target any rules it considers “unfair”.
Distrust, control issues, perfectionism, and fear of failure can keep you tangled in the details or stuck doing everything on your own. But it doesn’t have to be that way. Learning how to delegate is a skill you can develop.
Qantas Chair John Mullen is motivated to restore trust in the Flying Kangaroo but does not underestimate the breadth, depth or complexity of the task ahead. He is candid about the path forward for digesting learnings, reshaping leadership dynamics, and navigating a new era of customer and capital investment.
Companies that don’t align the essential elements of their strategy won’t be able to create sufficient value for their firms and stakeholders to sustain long-term success. Too many leaders, facing heavy pressure to increase the worth of their company, use simplistic “spreadsheet strategies”.
Last week, US President Donald Trump said his administration would introduce tariffs of 25 per cent on steel and aluminium imports into the United States. As the impact on Australia remains unclear, experts are urging boardrooms to ignore the noise and continue to stay the course and govern with pragmatism.
When one person takes on the role of testing assumptions and evaluation ideas in meetings, it leads to better-considered next steps and fewer follow-up discussions. Meetings are a staple of organisational life a place. But too often, meetings don’t deliver the desired outcomes.
We could not have predicted in 2015, when we first published our Top 5 Predictions for the coming year that a decade on, we’d still be...
AI has been billed as the ultimate productivity booster, promising to eliminate tedious task, enhance decision-making, and create new opportunities for workers. Yet in many workplaces, AI is being met with resistance.
Moral courage enables a person to do what they know is right, despite the risks, difficulty, and potential personal costs. It’s the difference between knowing what needs to be done and seeing it through. Without moral courage, ethical progress happens at the speed of convenience, rather than at the pace of what’s...