Wednesday 24th April 2024

    TradeBriefs Editorial

    From the Editor's Desk

    The Elements of Good Judgment

    A decision must be made. The facts have been assembled, and the arguments for and against the options spelled out, but no clear evidence supports any particular one. Now people around the table turn to the CEO. What they're looking for is good judgment - an interpretation of the evidence that points to the right choice.

    Judgment - the ability to combine personal qualities with relevant knowledge and experience to form opinions and make decisions - is "the core of exemplary leadership" according to Noel Tichy and Warren Bennis (the authors of Judgment: How Winning Leaders Make Great Calls). It is what enables a sound choice in the absence of clear-cut, relevant data or an obvious path. To some degree we are all capable of forming views and interpreting evidence. What we need, of course, is good judgment.

    Continued here


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