Managers are facing similar challenges but in different realities: they use different solutions The HR governance meeting was taking place six weeks after Maria was promoted HR director of the local subsidiary of a global software company. She was confronted with a major challenge: prepare a reorganization of some HR functions, with local HR headcount reduction, imposed by central HR. It was a rather effective action meeting: all agenda points of changes in roles/responsibilities between the different HR departments were covered quite rapidly with short-term actions, except one!
- Effective complex business decisions are threatened by many potential biases When it comes to (very) complex business decision making, we are not only confronted with the risk of ineffective interactions in meetings, but also with the risk of falling individually and collectively into different decision making biases. These biases are now well documented in the recent field of behavioral economics1. So it is also proven that the following subconscious biases do directly impact many, many business decisions2: