Political failures offer lessons for managers

Professor Andrew Likierman discusses the cost of ‘errors of judgement’ and how to avoid them

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London Business School Professor of Management Practice Andrew Likierman has examined a recent flurry of “errors of judgement” in UK political life in a new piece for Management Today.

Professor Likierman is researching judgment in management and developing applications of a framework for using it. He recently worked with the Financial Reporting Council in the development of its guidance on professional judgement.

He writes: “What is extraordinary is that those who have spent their lives climbing the greasy political pole throw it all away with errors of judgement.”

Read Professor Likierman’s full piece at Management Today. For more details of the judgement framework, see his January/February 2020 Harvard Business Review piece on ‘The Elements of Good Judgment’.