Mastering Complexity

A leader must have the ability to understand and master the complex elements involved in the decision-making process, including the rational and interpersonal components, as well as the divergent and convergent phases. These abilities embody the essence of decision making within what is known as the field of Behavioural Economics. Our current understanding of this science comes from a growing pool of notable experts, such as Daniel Kahneman and Daniel Ariely, who have helped us better understand the mechanics of decision making and the phases we go through as we make business decisions in particular.