Interview: Daniel Kahneman
Economist Podcasts
The Economist
4.4 • 4.9K Ratings
🗓️ 28 April 2025
⏱️ 40 minutes
🧾️ Download transcript
Summary
The careers of many CEOs are built on overconfidence and a few lucky breaks. But to be a successful leader, Daniel Kahneman suggests maintaining a healthy suspicion of your own intuition. The Nobel-prize-winning behavioural scientist prescribes a “structured process” for making the right decisions.
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Transcript
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| 0:00.0 | Boss Class Season 2 starts on May the 12th. |
| 0:04.2 | Until then, we're making every episode in this first season of Boss Class available for free. |
| 0:10.5 | So share it with your friends and colleagues, and maybe even your boss. |
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| 0:20.4 | Search Economist Podcasts, for our best offer. |
| 0:24.6 | Over 1,800 international businesses, including 14 of the top 15 US technology companies, |
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| 0:51.5 | Learn more at IDA Ireland.com. |
| 0:55.2 | This episode of Boss Class is supported by IDA Ireland. |
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| 1:07.9 | Visit IDAIreland.com to learn more. |
| 1:15.8 | The Economist The late Jack Welch was once regarded as the boss among bosses. |
| 1:24.9 | He was CEO of General Electric for 20 years, and in a 1999 profile, Fortune magazine |
| 1:31.0 | called him the manager of the century. Welch's reputation has not aged especially well. That's |
| 1:38.8 | partly because of GE's difficulties, but it's also because of his management style. He spelled out one source of his |
| 1:46.1 | success in the title of his autobiography, Jack, straight from the gut. Gut instinct is nothing |
| 1:54.1 | to be ashamed of, he once wrote. But guts are fickle. Judges appointed to make careful |
... |
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