2024 Needs to Be The Year That Good Judgment Makes a Comeback
As I was thinking about my first article of the year, I came across a post from Alex Lieberman that shared some decision-making advice from Jeff Bezos. It talked about "one-door" decisions that are consequential and hard to reverse and "two-door" decisions that can be reversed.
But the thing that popped for me was the comment about letting "high judgment" individuals make those two-door decisions.
Back in 2021, I shared some Gartner research on the importance and impact of good "digital judgment" on achieving outcomes from technology efforts. I then went looking for ideas on how to develop good judgment. They are easy to find so I won't share links here, but at the core is the idea of thinking about the consequences, both positive and negative, of a decision.
This is so obvious that it almost seems like it is not worth talking about.
But the problem is, in my opinion, that good judgment is sorely lacking right now.
And I fear that an increased reliance on AI will further erode judgment.
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This is one of the biggest problems that no one is talking about right now. For me, it is at the root of many of the issues we face in our lives, in businesses, and in our countries. It is downright depressing.
And it is so correctable. All it takes is a little bit of time and reflection. Thinking about the consequences of actions. Identifying ways to increase the odds of positive outcomes and mitigate against negative ones. Thinking about what additional data might be needed. Considering the opposite of a strategy.
Before I settled on this theme, I was wondering if I should bother continuing the newsletter this year. I felt like I would just end up repeating the same things I've been sharing for several years - the importance of ICPs, why psychographics matter, the issues that plague decisions. (Note: I may switch to every two weeks for new articles, but that is not finalized. Still judging the pros and cons ;).
If judgment continues to decline, then it will be more of the same. Let's hope I have other things to talk about in 2024.
The articles in this newsletter do not follow Gartner's standard editorial review. All comments or opinions expressed here are mine and do not represent the views of Gartner, Inc. or its management.
VP of Marketing at Scoutbee
11moHank Barnes I hope you don't stop writing your newsletter. What you do is so useful to lots of people even if you might not feel that way. I've heard somewhere that for an idea to stick you need to repeat it until you become sick of it. So you might have to carry on a little while longer:), and I'll follow you like so many others here:)
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11mo"Time and Reflection" are the missing links. When I'm in a discussion, like last night's discussion on the Future of FinOps" at the London Stock Exchange. They kept asking "where are the voids in the tech" "what more could the tech be doing" and really the void is the friction with the human users (who aren't ops) who can't get their heads around it and not using it. If we don't add time and reflection in to the equation, the tech will change but in 5 years we'll be having the same conversation. I really appreciated Marshall Kirkpatrick at the top of one of his recent newsletters said something like "Here are the articles the machines have recommended, guided by my judgement." More of that please :)
Creator of the Art as a Derivative concept. Uniquely, I make art about the people and structures shaping financial markets.
11moYou see, 'good judgement' is not merely the application of rational thought; it implies a more holistic approach to decision making, and I would contend, this is of especial importance in today's tech space. It is worth noting that the antonym of 'good judgement' is not bad judgement but 'poor judgement'. This says something; it is this poverty that deprives us of decision making fortitude (hence, the erroneous hope that AI may make the most difficult calls in your behalf.) So, enrich your tech decision-making through the consideration of values (not merely a tactical evaluation), because at heart the generality of people share in a broad set of precepts that hinge on the maxim 'do unto those as you would like others to do unto you' (and most importantly, your offspring).
Digital Asset Intel (WHOIS/pDNS) for Cybersecurity Products & Quant Models
11moAgree with everything you said - couldn't we also say bad judgement is a byproduct of today's climate regarding customer/stakeholder expectations and their need for immediate responses from companies? Sumo's new CEO's reason for delisting from NASDAQ falls in line with this as the reason cited was to enable leadership to think longer term "rather than quarter-to-quarter due to reporting obligations". IF customer/stakeholder expectations are the root of the problem for funded companies, then what's an ideal solution? (Wondering if including a characteristic to distinguish strategic vs tactical mindsets into ICP is something you might say haha)
Full Service Banker at Pinnacle Financial Partners
11moWell said!