Leaders’ judgment matters more than ever in the age of AI

1. 1. Exemplary leadership hinges on good judgment, as argued by Warren Bennis, and its absence can lead to significant corporate failures.
2. 2. As AI automates routine tasks, human judgment becomes increasingly vital for leaders to add unique value within organizations.
3. 3. Contrary to common belief, judgment is a developable skill comprising six elements, yet it is often overlooked in management education.
4. 4. Individuals can enhance their judgment by regularly reviewing decisions, actively seeking diverse experiences, and identifying personal biases.
5. 5. Improving collective judgment involves identifying group biases, fostering an environment that encourages diverse views, and integrating risk analysis.
6. 6. Effective leaders cultivate an organizational culture that encourages candid feedback, accepts diverse perspectives, and supports challenging assumptions safely.
7. 7. Optimal decision-making requires being in the right frame of mind, free from exhaustion or strong emotions, and carefully checking how choices are framed.
8. 8. Mitigating delivery risk is crucial and can be achieved through strategies such as piloting, probationary periods, or a "pre-mortem" analysis.