Judgement and Decision Making
It’s a complex, changing world. Bioss believes that to turn strategic intent and purpose into reality, leaders can and should create conditions in which everybody – from the board to the front line – can exercise good judgement to make sound decisions. Increasingly, this also means thinking about the working relationships between human judgement and artificial intelligence decision making.
If the board and executive team neglect the judgement and decision-making ecosystem of the organisation, they risk creating anxiety, confusion, mistrust and incompetence. At one extreme, the outcome can be corporate scandal and reputational firestorm. At the other, the organisation might be effective for some years, but will slowly erode value as it struggles to stay viable in the face of turbulence and uncertainty.
In an organisation that induces good judgement and respect, people work together in ways that strengthen bonds of mutual trust and fairness, ensure competence, and enhance innovation.
These organisations deliver on strategy, contribute to the wider society, and create sustainable value in a complex world.