178 – The Prime Minister’s mini summit – is there a lesson for local government leaders?

Posted by Colin Weatherby                                                                                                         500 words

malcolm turnbull

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Some time ago, I posted on what I would do if I was the CEO. This post is in a similar vein.

The new Australian Prime Minister Malcolm Turnbull called a mini summit last week and invited leaders from the worlds of business, unions, community organisations and think tanks to discuss the state of the economy and the best way forward for economic reforms.

Reporting about the planned summit reflected the openness of the new national leader to discussing ideas other than his own. It was a move that his predecessor failed to make. The Sydney Morning Herald described the summit as suggesting that the new Prime Minister is keen to discuss big ideas and ‘send a message of creative optimism’ to the leaders invited. The Prime Minister is quoted as saying that the summit is a ‘rare opportunity to achieve consensus on the most pressing economic and social issues’ facing the country.

I am not sure whether the summit reached consensus or whether it will really influence government thinking and action. It has certainly signalled a new approach by Malcolm Turnbull.

It occurred to me that local government leaders could take a similar approach. Continue reading

177 – Decision making: some tips for local government.

Posted by Colin Weatherby                                                                         420 words

HBR september 2015 cover

There have been a number of posts on decision making in a recent series. This post is a quick overview of further advice available from four Harvard Business Review articles in the September 2015 edition; ‘From ‘Economic Man” to behavioural Economics’ by Justin Fox; ‘Leaders as Decision Architects’ by John Beshears and Francesca Gino; ‘Fooled by Experience’ by Emre Soyer and Robin M. Hogarth; and ‘Outsmart Your Own Biases’ by Jack B. Soll, Katherine L. Milkman, and John W. Payne.

Read them if the ideas are relevant and potentially useful to you. I have simply cut the main tables from them and provided a brief overview of the context.

The first table is from the article ‘From ‘Economic Man” to behavioural Economics’ by Justin Fox. Continue reading