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When winning is everything

Malhotra, Deepak - ; Ku, Gillian - ; Muenighan, J. Keith - ;

Have you ever made a decision in the heat of competition only to wonder, when faced with the consequences, What was I thinking? Such charged decision making is driven by an adrenaline-fueled emotional state we call competitive arousal. It's all too common in business - and all too often leads to costly mistakes. In this article, we describe the causes of competitive arousal, when it is most likely to derail strategy and destroy value, and how managers can avoid or reduce its pernicious effects. We identify three principal drivers of competitive arousal in business settings: rivalry, time pressure, and audience scrutiny - what we call the spotlight. Individually, these factors can seriously impair managerial decision making. Together, their consequences can be all the more dire.Printed Journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: Harvard Business School
Edisi-
SubjekDecision making
Psychological aspects
Corporate Culture
Managerial Skills
Professional relationships
ISBN/ISSN178012
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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