episode 35 - the word is protract

In episode 35 of "The Word is Leadership," we reflect on the word "protract" and its implications for decision-making processes in leadership.

I focus on the concept of “decision making protraction” - the idea that extending time in decision-making can add value. I highlight the difference between delaying, procrastinating, and protracting. Borrowing from the theory of system 1 and system 2 thinking, I emphasize the need for deeper, more deliberate decision-making processes, particularly in situations of dilemmas where opposing values are at play.

I argue that protracted decision-making involves extending the breadth of thinking to explore innovative solutions. By asking deeper questions focused on outcomes rather than processes, leaders can reconcile opposing viewpoints and avoid suboptimal compromises.

 Ultimately, I prompt leaders to consider whether they have efficient system 1 decision-making processes while maximising the benefits of protracted system 2 decisions.