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Related Experiment Videos

When to trust your gut.

A M Hayashi

    Harvard Business Review
    |February 24, 2001
    PubMed
    Summary
    This summary is machine-generated.

    Top executives often use intuition, or gut instinct, for major decisions. Research suggests emotions are essential for this intuitive decision-making process, aiding in filtering options and recognizing patterns.

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    Area of Science:

    • Cognitive Psychology
    • Neuroscience
    • Organizational Behavior

    Background:

    • Many top executives rely on intuition, gut instinct, or hunches for significant decisions.
    • The precise mechanisms underlying intuitive decision-making remain largely undescribed by practitioners.

    Purpose of the Study:

    • To explore the nature of gut instinct in executive decision-making.
    • To investigate the role of emotions and pattern recognition in intuitive judgment.

    Main Methods:

    • Interviews with top executives from major corporations.
    • Review of scientific research on intuition, emotions, and decision-making.

    Main Results:

    • Emotions may be essential for intuitive decision-making, helping to rapidly filter options.

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  • Effective intuition involves recognizing patterns across diverse fields, a skill crucial for strategic planning.
  • Cognitive biases, such as perceiving non-existent patterns, can impair intuitive judgment.

    • Conclusions:

    • Intuitive decision-making is a complex process influenced by emotions and pattern recognition.
    • Continuous self-assessment and feedback are vital to mitigate biases in intuitive judgment.
    • Organizational cultures that promote self-checking can enhance executive decision-making.