Gut feeling should never substitute for facts, analysis

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dc.contributor.author Bellows, Scott
dc.date.accessioned 2018-05-07T10:38:22Z
dc.date.available 2018-05-07T10:38:22Z
dc.date.issued 2017-03-01
dc.identifier.uri http://erepo.usiu.ac.ke/11732/3783
dc.description A Newspaper article by Scott Bellows, an Assistant Professor in the Chandaria School of Business at USIU-Africa en_US
dc.description.abstract When sifting through the product offerings of multiple Kenya-based training and consulting firms, one may notice that invariably many human resources related topics available for delivery include sessions on how to trust one’s gut with either the managerial decision making process or while interviewing potential job candidates. Additionally, enter into any sizable bookstore in Kenya and invariably you will come across some variation of a leadership or management title indicating “go with your gut” that espouse the perceived value of listening to one’s own instinctive reaction as a highly accurate way for executives to make decisions. Unfortunately, such simplistic concepts lull supervisors into thinking that they retain the truth inside of them without much effort of deliberate time consuming analysis. In certain narrow parameters, following instincts does prove useful. The social scientists who advocate for gut reactions in workplace settings often derive their results from simple often non-workplace-realistic experiment settings in controlled environments. Joseph Mikels and team delineated specific scenarios in workplaces where feelings rather than deliberation resulted in superior results. Erik Dane, Kevin Rockmann, and Michael Pratt detailed that managerial decision making relying on intuition over deliberation only increases in validity commensurate with many years of experience in the specific domain of their jobs. Years of experience enable one’s unconscious mind to learn many correct conscious decisions and summate those experiences in that specific line of work and internalise it into the unconscious mind. en_US
dc.publisher Business Daily en_US
dc.subject Personal finance en_US
dc.title Gut feeling should never substitute for facts, analysis en_US
dc.type Article en_US

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