Making decisions with better judgment – not against it

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www.cranfield.ac.uk/som [email protected] The Issue For decades, scholars and practitioners have been seeking ways of improving managerial judgment and decision making. Recommendations include prescriptive and normative models of decision making, ranging from using complex formulae to teaching managers to make decisions the way experts make decisions (Phillips et al 2004). But who’s to say who’s an expert, and are their judgments and decisions always the best ones for the circumstances? The Insight Prescriptive and normative models of decision-making neglect significant aspects of judgment and decision making, specifically sensemaking and the role emotions play in shaping the judgments that lead to decisions. Some scholars (Weick, 2001) argue that understanding meaning and sensemaking is more critical to judgment than knowing the right decision to make. Insight into “toxic decision processes” (Maitlis & Ozcelik, 2004) shows that there is a complex interplay between these processes and the emotions that underpin and perpetuate them. The Connection A state of mindfulness creates separation between the individual and the totality of the experience, including events and emotions (Glomb et al, 2011). In this way, mindful awareness may enable managers to engage in sensemaking and create meaning as well as recognising how their emotions affect their judgment. MAKING DECISIONS WITH BETTER JUDGMENT – NOT AGAINST IT DIANA DANZIGER,CRANFIELD SOM PhD RESEARCHER SUPERVISORS: DR JUTTA TOBIAS and PROF DAVID DENYER What Gets Overlooked Human beings are both rational and non-rational. Traditional judgment and decision-making models attempt to minimise or do away with all but rational approaches. The problems and environments that managers have to navigate do not always fit into a rational framework, so they have to be able to access other means in order to make “good decisions” The Research Need If research is to support managers in making the most of their judgment in order to make good decisions, the roles that both reason and emotion play in managerial judgment and decision making have to be better understood. The review question being explored is: “what is the relationship between sensemaking, emotions and mindfulness in managerial judgment and decision making?” and will be followed by empirical work within organisations. SENSEMAKING EMOTIONS MINDFULNESS JUDGMENT DECISIONS

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Poster for Mindfulness At Work 2014 Conference by Diana Danziger #MAWC14

Transcript of Making decisions with better judgment – not against it

Page 1: Making decisions with better judgment – not against it

www.cranfield.ac.uk/som [email protected]

The Issue

For decades, scholars and practitioners have been seeking ways of improving managerial

judgment and decision making. Recommendations include prescriptive and

normative models of decision making, ranging from using complex formulae to teaching

managers to make decisions the way experts make decisions (Phillips et al 2004). But who’s to

say who’s an expert, and are their judgments and decisions always the best ones for the

circumstances?

The Insight

Prescriptive and normative models of decision-making neglect significant aspects of judgment and decision making, specifically

sensemaking and the role emotions play in shaping the judgments that lead to decisions.

Some scholars (Weick, 2001) argue that understanding meaning and

sensemaking is more critical to judgment than knowing the right decision to make. Insight into “toxic decision processes” (Maitlis &

Ozcelik, 2004) shows that there is a complex interplay between these processes and the emotions that underpin and perpetuate them.

The Connection

A state of mindfulness creates separation between the individual and the totality of

the experience, including events and emotions (Glomb et al, 2011). In this way, mindful awareness may enable managers

to engage in sensemaking and create meaning as well as recognising how their

emotions affect their judgment.

MAKING DECISIONS WITH BETTER JUDGMENT – NOT AGAINST IT

DIANA DANZIGER,CRANFIELD SOM PhD RESEARCHER SUPERVISORS: DR JUTTA TOBIAS and PROF DAVID DENYER

What Gets Overlooked

Human beings are both rational and non-rational. Traditional judgment and decision-making models attempt to minimise or do away with all but rational approaches. The problems and environments that managers have to navigate do not always fit into a

rational framework, so they have to be able to access other means in order to make “good decisions”

The Research Need

If research is to support managers in making the most of their judgment in order to make good decisions, the roles that both reason and emotion play in managerial judgment and decision making have to be better understood. The review question being explored is: “what is the relationship between sensemaking, emotions and mindfulness in managerial judgment and

decision making?” and will be followed by empirical work within organisations.

SENSEMAKING

EMOTIONS

MINDFULNESS

JUDGMENT

DECISIONS