Society is contradictory and so is Business
We all feel we are rational creatures. We feel that we weigh the pros and cons before taking decisions. But if we start paying attention to our decisions taken over
1. In Russia Ukraine war, UNHCR India is soliciting funds from the general public to support affected families (of course, a noble cause) but the UN is not making any efforts to end the war. USA and NATO countries are fuelling the war by selling Ukraine the latest weapons, just to teach Russia a lesson. Most funnily, more people are in favor of the USA and NATO actions, than Russia.
2. In Indian democracy, the elections are won on caste equations, rather than the growth of the country. All political parties give tickets accordingly when fielding a candidate. Interestingly, people with high credentials have lost elections in the past to candidates with a strong caste presence in the area.
3. Human rights are more concerned about people who have committed a wrong, rather than people who live an ordinary life within the rules of the state. An example is a stray dog biting in Indian residential areas.
4. Almost everyone knows the benefits of getting up early, exercising, healthy food, and keeping a good relationship with family and friends. Just see, how many people follow these.
The list can go on. But I think it gives us an idea, of how rational and logical the world is. Now let us shift our discussions to business topics, as that is what mostly we discuss on this platform.
1. Most businesses agree that the right people are their most valuable assets. How many of them maintain a NO LAYOFF policy during tough economic times? I am sure you all have read about the mass layoffs recently by mega companies who, otherwise were pampering their employees most of the time.
2. How many young managers, after they return from a highly motivating training course, are allowed to implement what they have learned during the training, especially if it tries to change an already well-established process or pattern in the enterprise? It is, of course, easier for the senior management, when they try to do similar changes after their period of meditation and enlightenment.
3. ALL managers are taught that they should praise their team in public and reprimand them in private. There are enough logical reasons for this teaching. How many managers really follow and practice this wisdom?
4. How many employers keep their commitment to the company's growth when it comes to unbiased decision-making? I am not talking only about lack of knowledge.
5. Do the managers not promote people below them for qualities other than talent and knowledge, despite knowing that it is not good for the enterprise?
6. Do the managers take a stand behind their convictions if senior management is known to be against the proposal?
7. Are the employees’ behavior governed by the larger interests of the company or of their own personal interest?
Again, the list can go on. We can easily add up to a dozen more.
The question here is, Why?
Rather than me trying to show that I have all the answers (which, I really don’t have), why don’t we start discussing in the comments section below?
You can also add me as a guest speaker or consultant in your “in-house meetings” on similar topics.
#Contradiction #rational #decisionmaking #bias #business #management #employees #employers