Book for people who are about to make a big decision (mark: 7 out of 10)
New Mind Map
Book for people who are about to make a big decision
to understand when taking action and when holding on
Left Brain, Right Stuff: How Leaders Make Winning Decisions
by Phil Rosenzweig
It's more costly to underestimate our influence on events than overestimate it.
It's more costly to underestimate the competition than to overestimate it, to think too much about absolute performance and too less about relative performance
Practice deliberately is the best way: to have lots of feedback early and timely, after every shot.
The best way is to shift your mind alternatively between deliberative mindset (before and after the action, criticism) and an implemental mindset (optimism).
When we aim to achieve an absolute performance, deliberate practice is useful. It is less useful when we aim to achieve a relative performance.
When the feedback is immediate and we can make correction, it pays to take action. When (as a manager) the feedback is a long way away, and the consequences can be damaging long-term, then it is better to wait and plan before taking action.
It's a bit repetitive, sometimes boring, but possibly this is necessary to communicate these ideas so that the reader can understand them fully.
A leader can neglect authenticity (remaining true to your inner self) but she should always be sincere (be faithful to the higher purpose of a goal). So a leader can be deceptive (by hiding the truth) in order to guide the people towards a goal. But a leader must be sincere towards the goal. So it's important in life to regard more share goals than your own personal ones.
People follow leaders, so you need to favour collective goals to personal ones to be a leader.
The last part of the book is a bit boring and disappointing. The author is not able to convince the reader, possibly because the topic is tackled in a qualitative way (it's impossible to measure good and bad management decisions).
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