How the Wise Decide

How the Wise Decide

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Discover the formula used by twenty-one of the worlda€™s most extraordinary leaders to make consistent and smart decisions. How do the wise decide and lead businesses and organizations to great success is the question Bryn Zeckhauser and Aaron Sandoski posed to themselves after landing their first jobs as managers. Despite the best training the world could offera€”Harvard MBAs and stints at McKinsey a Company, the elite powerhouse consulting firma€”they felt unprepared when faced with the pressure to make critical decisions. So they set out on a three-year quest to discover how people with remarkable success and experience in both corporate and public lifea€”a€œthe wisea€a€”went about making crucial, often make-or-break decisions. a€c How did William George, when CEO of Medtronic, get the real story about why a critical tool used by cardiologists was failing and use that information to fix a systemic problem within the company? a€c When inventor Dean Kamen has to make a decision about investing in a new technology, why does he find it useful to a€œfill a room with barbariansa€ to get the best thinking from his team? a€c How did Shelly Lazarus assess the risks of making a nontraditional career move, a decision that eventually led her to being appointed CEO? a€c How did Stephen Schwarzman and Peter Peterson, the founders of The Blackstone Group, turn $400, 000 of their own money into one of the worlda€™s preeminent alternative asset managers with $100 billion under management? These and the other accounts of the direct conversations Zeckhauser and Sandoski had with twenty-one major leaders show that between wise decisions and poor ones lie vast fortunes and extraordinary contrasts in success. How the Wise Decide distills their wisdom, and it reveals how you can use this wisdom to be on the winning side of the ledger. From the Hardcover edition.The Lessons of 21 Extraordinary Leaders Aaron Sandoski, Bryn Zeckhauser ... The guiding principle behind the design was to mimic human balance. ... The original concept called for two four-wheel clusters, one on each side of the chair. ... They had designed, tested, and redesigned one component after another. logging thousands of hours of aquot;seat timeaquot; in the chair. testing it with ... They even had an automobile in the lab to work out the easiest way to move from the chair to a car.

Title:How the Wise Decide
Author: Aaron Sandoski, Bryn Zeckhauser
Publisher:Crown Business - 2008-08-26

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