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Effects of Emotions, Memory and Thought on Decision Outcomes and Judgments of Organizational and Business Leaders

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  • Anthony Wakwe Lawrence
  • Damiete Onyema Lawrence

Abstract

The qualities of the mind individually and collectively contribute in determining our personalities. This paper has tried to theoretically divide people into 6 different abstract personality tendencies- 1. Knowledgeable (people with dominant memory quality), 2. Reasonable (people with dominant thought quality), 3. Clever (people with both dominant memory and thought qualities), 4. Sentimental (people with dominant emotional quality especially of negative types, 5. Wise (people who have both domiant qualities of memory and thought and who have mastered how to control and direct their emotions without allowing their ‘hearts to rule their heads’) and 6. Stupid (those who have all the qualities- memory, thought and emotions, poorly developed). The paper demonstrates how these qualities affect organizational and business efectiveness and how they could be improved. Understanding our strenghts and weaknesses and continual improvement of the mind’s qualities by undergoing relevant and appropriate training, ensuring that we acquire the appropriate technologies to enhance our managerial skills, acquiring on the job experiential skills, including broadening of our perspective in human relations, effective communication and conflict management skills are key to becoming a good leader. This concept and their applications can be used to improve all human relations especially by leaders in every organization (business, government, Church setting, non-governmental etc.).

Suggested Citation

  • Anthony Wakwe Lawrence & Damiete Onyema Lawrence, 2021. "Effects of Emotions, Memory and Thought on Decision Outcomes and Judgments of Organizational and Business Leaders," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(4), pages 1-43, July.
    • Handle: RePEc:ibn:ijbmjn:v:15:y:2021:i:4:p:43
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    References listed on IDEAS

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    2. Danny Miller, 1983. "The Correlates of Entrepreneurship in Three Types of Firms," Management Science, INFORMS, vol. 29(7), pages 770-791, July.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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