Judgment

“The word that is too often missing from leadership studies is judgment.  Everybody involved in the business is desperate to appear scientific: academics because they want to get research grants and consultants because they want to prove that they are selling something more than just instinct.  But judgment is what matters most, and it is hard to measure.  It takes judgment to resist getting carried away with one quality (such as decisiveness) or one measure of success (such as the share price).  It takes judgment to know when to modulate your virtues and when to pull out all the stops.”

Schumpeter – The Economist June 8th, 2013

 
We know that even wise and experienced leaders can make appallingly bad choices with catastrophic results.  This is often because their judgment has been clouded by an untempered ego, they have ignored the warning signs, and they have sought and received unreliable feedback.  These problems seem easily remedied but many organizations are ill equipped to help their leaders take such measures.