ConceptsNest

  ***Continued from Chapter 01 (Covered previously: What Is Big Picture Thinking, Importance Of Big Picture Thinking, Detail Oriented Or A Big Picture Thinker- The Difference) Link to Chapter 01 Identifying the Different Approaches - Approach Indicators No matter which field we belong to – an aspiring entrepreneur, someone who’s putting together a dream team, or polishing our leadership skills, big picture thinking can help open up, innovative and unexpected creative paths, ideas and solutions. Detail-Oriented Approach Indicators o    We prefer tweaking an existing plan than creating one from scratch o    We think over issues in such great detail that we sometimes miss the bigger picture o    We end up putting down or highlighting almost all notes o    We work towards high-quality work in most areas of our life and struggle with perfectionist tendencies o    We’re organized and/or like routine   Big Picture Approach Indicators o    We can easily spot patterns

  C ognitive bias mitigation (or Debiasing ) is the practice through which we reduce the influence that cognitive biases have on people, to enable them to think in a more  rational  and  optimal  manner . Cognitive biases  are systematic patterns of  deviation from rationality , which occur  due to the way  our cognitive system works. Cognitive biases affect us in various areas of our life, from the way we interact with others to the way that we form our political opinions. Since these biases cause us to think and act in an irrational manner, their influence can be detrimental, which is why people often want to be able to mitigate them. Examples of Cognitive Biases Cognitive biases can influence our thinking in diverse ways, including the undermentioned: A) Cognitive biases can affect how we form impressions of other people : -. . .  For example, the halo effect  is a cognitive bias that causes our impression of someone in one area to influence our opinion of that person in othe

Farmers pay attention to the details . It is not always an innate quality. By sheer hard work, constant research, an investment in time, and consistent habits he or she fosters growth in ways others may not understand. A farmer works harder for better results . We could easily be talking about leadership: it is so much like gardening. As leaders, it is too easy to see the role as one of domination and control. We are in charge and we want everyone to know that. Yet, if we tend a garden or a farm, we learn quickly that the plants have their own way of surviving in the wild. We cannot pull on the green stems. A nurturing approach is not "an" option in leadership; it is the only option . It is also something you can learn with practice and patience, like farming and gardening. To lead effectively, we must nurture . In many ways, the gardening analogy is better than any other analogy (say, running a race, rowing, or building a house). Some things that come out well are: Stre

***Continued  from Part 01 Link to Part 01 ↘ Innovation: Brains Over Brawn Like any boxing match, the business landscape can be extremely unpredictable, requiring quick and effective reflexes that do not jeopardize the overall game plan. One minute, you are landing clients left and right; the next, you are up against a narrowing profit margin. The best executives are those who can swiftly adapt to harsh or changing conditions and pivot to creative solutions that are perfectly in line with management practices, brand messaging and core customer expectations. Like the most-revered boxers in history, ultimate respect, loyalty, and praise go to those leaders that can dodge and innovate under pressure , without abandoning familiarity or authenticity of style. ↘ Technique trumps brute strength. Boxing is all about technique. After all, they don’t call it the sweet science for nothing. The same is true in leadership. If we only rely on position and power to get things done, our ab

What is VUCA and its relevance in business?   VUCA is an acronym that stands for volatility, uncertainty, complexity and ambiguity , a combination of qualities that, taken together, characterize the nature of some difficult conditions and situations. The term is also sometimes said to stand for the adjectives: volatile, uncertain, complex and ambiguous. The term VUCA originated with the United States Army War College to describe conditions resulting from the Cold War. The VUCA concept has since been adopted throughout businesses and organizations in many industries and sectors to guide leadership and strategy planning . An awareness of the forces represented in the VUCA model and strategies to mitigate the harm they might cause are integral to crisis management and disaster recovery planning . Volatility Volatility refers to the propensity for changing from one state to another . Under certain conditions, volatile materials can dangerously explode, changing