We're often told that rational decisions trump "gut calls." But that's not always the case. Intuition and instinct are intangible - even mysterious - qualities. Yet, they're essential for those who'd rather lead with a bold sense of innovative vision than play it safe with the consensus model. In the book The Intuitive Compass: Why the Best Business Decisions Balance Reason and Instinct (Jossey-Bass/Available now), author Francis P. Cholle doesn't endorse a gameplan in which all logical thinking and conventional wisdom is checked at the conference-room door. Gut decisions, he stresses, are more than guesses. He does, however, reveal how CIOs and other top managers can develop an educated sense of internal intuition -- within themselves and their employees -- to produce decisions that lead to innovation. With 20 years experience of working with Fortune 500 companies, Cholle is an international business consultant who lectures at the Wharton and Columbia business schools. For more about the book, go to www.theintuitivecompass.com. Here are 10 highlights:
They're more than profit generators - they provide valuable feedback and business-focused insights if they are skillfully engaged.
This article was originally published on 11-30-2011