David Cabero1:35
I would differentiate three elements, what I call the P-E-C from experience. First is politics – sometimes decisions are made in companies because someone, your boss, is going to promote you, and to avoid contradicting them so that promotion happens, you're saying yes to a plan that doesn't seem reasonable. That's politics. The second letter P is emotions – ultimately, emotions influence the decision you are going to make, and you are not aware of it. You think you are being logical, but that's not reality. The third is C for culture – the culture of the company makes you not decide something because in the hallway they tell you that Marcel Bich, the founder, would never have done that. That's culture. The first learning is that emotion has a much more important weight than we think. This leads you to know yourself. When you have biases, you control them by asking other people who don't have those biases, and with them you can make a much more balanced decision. That's the learning from 25-28 years in many countries and cultures.