Making Decisions in Groups

HBR IdeaCast

Harvard Business Review

Teams, Business/management, Marketing, Strategy, Management, Innovation, Finance, Entrepreneurship, Economics, Hbr, Business/entrepreneurship, Harvard, Business, Leadership, Business/marketing, Communication

4.3 • 1.9K Ratings

🗓️ 22 March 2012

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tom Davenport, Babson College professor and coauthor of "Judgment Calls: Twelve Stories of Big Decisions and the Teams That Got Them Right."

Transcript

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0:00.0	If you work with early career professionals, my colleagues at
0:03.8	HPR have a great new podcast for you. It's called New Here. Think of it like the
0:08.4	Young Professional's Guide to Building a Meaningful Career on your own terms.
0:11.9	Share New Here with the Young Professionals in your life. a meaningful career on your own terms.
0:12.8	Share new here with the young professionals in your life.
0:15.9	Listen for free wherever you got your podcasts.
0:18.6	Just search new here. Welcome to the HBR Idea Cash from Harvard Business Review.
0:33.2	I'm Sarah Green.
0:34.6	Today I'm talking about big decisions and judgment calls
0:37.7	with Tom Davenport, who holds the President's
0:40.2	chair in information technology and management
0:42.4	at Babin College.
0:43.7	He has written 14 books.
0:45.4	His latest with Brooke Manville is called Judgment Calls and is 12 stories of big decisions
0:50.6	and the teams that got them right.
0:52.0	Tom, thanks much for talking with us today.
0:54.3	Hi, sir, I'm happy to be here.
0:56.3	So when you say a judgment call, that makes me think of a gut decision.
1:00.2	Where do you stand with regard to the camp of people who say that you just need to go with your gut when you're making decisions because if you second-guess that first instinct and dive into the details, you'll just get distracted and make the wrong choice?
1:12.0	Well, we certainly did not mean for it to suggest that.
1:17.0	I've done a lot of work on analytics and I'm not a huge fan of the gut in general.
1:24.7	So the term is really about not so much focusing
	...

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