Boss Class from The Economist Leadership: Weed it and reap
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Oct 23, 2023 
The podcast features Emma Walmsley, the CEO of GSK, Daniel Kahneman, a Nobel prize-winning psychologist, and Claire Hughes-Johnson, the one-time COO of Stripe. They discuss lessons in leadership outside the office, the importance of leadership and clarity, the value of being explicit as a manager, and the significance of stepping back and effective leadership.
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Kahneman's Planning Fallacy Story
- Daniel Kahneman and colleagues planned a textbook that was expected to take less than two and a half years.
- They learned it took seven years, illustrating the planning fallacy about optimistic forecasts.
Beware Overconfidence in Intuition
- Confidence in gut feeling is often misleading; intuition is overrated.
- Structured decision-making processes reduce errors and improve accuracy in leadership choices.
Clarify Meeting Purpose
- Use clear agendas in meetings that specify if items need decision, input, or awareness.
- Explicitly state the decision-owner and input-providers to avoid confusion and waste time.