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INTUITION IN BUSINESS

                   ADVANCED MANAGEMENT COURSE

                                                        Katherine Nechaeva, PhD
                                                                     April, 2011

      Intuition uses a right brain approach to generate ideas and solutions from a
divergent thinking perspective. In other words it’s called "thinking outside the
box". Hunches, impulses, brainstorming, creative ideas and timing are all based
on intuition.
      Successful people often attribute their success to using their sixth sense,
their gut feeling, and their business instincts. Nevertheless most of
businessmen/managers are used to rely exclusively on their left brain when it
comes to decision-making. The left side of the brain processes logical,
intellectual and factual information which essential in problem-solving, but,
first, it doesn't give managers the full picture, and second, they don’t always
have enough time to act.
      "Divergent thinking" is provided by the right side of the brain, which stores
and processes abstract, subjective and creative information. In 2002 Dr. Daniel
Kahneman got the Nobel Prize in Economics for having integrated insights from
psychological research into economic science, especially concerning human
judgment and decision-making under uncertainty.
      Today it’s obvious that modern managers have to learn to leverage their
Intuitive Intelligence, so to use both sides of the brain trying to solve problems.
Emotional Intelligence (the ability to perceive and manage emotions) is the
basis of intuition. It allows businessmen to make the right decision quickly, even
without all the facts, but using the full power of their mind.

The main goals of “Intuition in Business ” course are:
   To provide managers-trainees with knowledge of Business Intuition, to
     form a theoretical base for understanding, skills mastering, and practical
     using of the right side of the brain as an instrument for decision-making
     and problem solving;
   To train students to master practical skills, which are necessary to obtain
     in order to run business successfully: the ability to perceive and manage
     emotions, to use a right brain approach to generate ideas and solutions
     from a divergent thinking perspective.


    After the course managers-trainees
    will know:
    the meaning and role of Business Intuition;
    the reasons and principles of using intuition in business;
    when and how to hear intuition;
   how to distinguish intuition from desires and emotions;
      the meaning and role of Emotional Intelligence in business;
      methods of relaxation and stress relief;
      the benefits & importance of using Business Intuition in Marketing;
      the benefits & importance of using Business Intuition in Management;
      How to keep a Left Brain - Right Brain Balance at work.

will be able to:

    use the full power of their mind;
    formulate professional goals, achieve a new level of clarity about them
     and how to reach them;
    evaluate all the benefits of the current course of action;
    create new solutions and opportunities that haven’t been considered yet;
    make decisions based on intuitive feelings, thinking divergently;
    use informational fields in the process of thinking, think creatively,
     “outside the box”;
    discover simple tools that help to create leverage during negotiations;
    highlight shortcomings that have not been revealed by research or
     analysis;
    manage stress;
    develop and trust Emotional Intelligence.




                                 The plan of the course

                             Type of load                                Number of hours

    Work content, totally                                                         14
    Credit:                                                                       14
         lectures                                                                 4
         practice                                                                 6
         workshops                                                                4

       N.B. Working with intuition takes a lot of energy, so it’s wrong to modify the course to
a module. If possible, the best schedule would be 3-3.5 hours (with a coffee-break) once a
week or no more often than in a day, as each topic of the program requires some reflection
and homework.
The table of topics (program content) *


                                                                       Including:




                                                            lections




                                                                                     work-shops
                                                   Credit




                                                                          practice
 №                   The topic


1     Core Concepts in Business Intuition.          2        1              -         1
      What is Business Intuition & when to
      use it? Intuition and the rational mind:
      Left Brain Vs Right Brain. Measuring
      Success.
2     Core      Concepts      in     Emotional      2        1             1           -
      Intelligence. Develop & trust: how to
      hear the “language” of intuition. The
      role     &     principles    of    stress-
      management.
3     Intuitive Marketing. Inspiration in           4        1             2          1
      Marketing. When it all comes together:
      using Business Intuition to create new
      opportunities & follow perspective
      directions. The 80/20 rule. Get Set,
      Ready, Sell! (3 essential steps before
      picking up the phone)
4     Intuitive Managing. Using Emotional           4        1             2          1
      Intelligence to feel better right away in
      conflict resolution, to build and follow
      your vision, to create profitable
      Employer-Employee-Customer
      relationships. Work-Life balance.
5     Intuitive Growth. Intuition Training.         2        -             1          1
      The Perfect Strategy: a Left Brain -
      Right Brain Balance. Sustainable
      Success.

                     TOTALLY                       14        4             6          4




* This course is a part of Effective Self Management (Decision Making)
Executive Education programme.

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Intuition in business

  • 1. INTUITION IN BUSINESS ADVANCED MANAGEMENT COURSE Katherine Nechaeva, PhD April, 2011 Intuition uses a right brain approach to generate ideas and solutions from a divergent thinking perspective. In other words it’s called "thinking outside the box". Hunches, impulses, brainstorming, creative ideas and timing are all based on intuition. Successful people often attribute their success to using their sixth sense, their gut feeling, and their business instincts. Nevertheless most of businessmen/managers are used to rely exclusively on their left brain when it comes to decision-making. The left side of the brain processes logical, intellectual and factual information which essential in problem-solving, but, first, it doesn't give managers the full picture, and second, they don’t always have enough time to act. "Divergent thinking" is provided by the right side of the brain, which stores and processes abstract, subjective and creative information. In 2002 Dr. Daniel Kahneman got the Nobel Prize in Economics for having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty. Today it’s obvious that modern managers have to learn to leverage their Intuitive Intelligence, so to use both sides of the brain trying to solve problems. Emotional Intelligence (the ability to perceive and manage emotions) is the basis of intuition. It allows businessmen to make the right decision quickly, even without all the facts, but using the full power of their mind. The main goals of “Intuition in Business ” course are:  To provide managers-trainees with knowledge of Business Intuition, to form a theoretical base for understanding, skills mastering, and practical using of the right side of the brain as an instrument for decision-making and problem solving;  To train students to master practical skills, which are necessary to obtain in order to run business successfully: the ability to perceive and manage emotions, to use a right brain approach to generate ideas and solutions from a divergent thinking perspective. After the course managers-trainees will know:  the meaning and role of Business Intuition;  the reasons and principles of using intuition in business;  when and how to hear intuition;
  • 2. how to distinguish intuition from desires and emotions;  the meaning and role of Emotional Intelligence in business;  methods of relaxation and stress relief;  the benefits & importance of using Business Intuition in Marketing;  the benefits & importance of using Business Intuition in Management;  How to keep a Left Brain - Right Brain Balance at work. will be able to:  use the full power of their mind;  formulate professional goals, achieve a new level of clarity about them and how to reach them;  evaluate all the benefits of the current course of action;  create new solutions and opportunities that haven’t been considered yet;  make decisions based on intuitive feelings, thinking divergently;  use informational fields in the process of thinking, think creatively, “outside the box”;  discover simple tools that help to create leverage during negotiations;  highlight shortcomings that have not been revealed by research or analysis;  manage stress;  develop and trust Emotional Intelligence. The plan of the course Type of load Number of hours Work content, totally 14 Credit: 14  lectures 4  practice 6  workshops 4 N.B. Working with intuition takes a lot of energy, so it’s wrong to modify the course to a module. If possible, the best schedule would be 3-3.5 hours (with a coffee-break) once a week or no more often than in a day, as each topic of the program requires some reflection and homework.
  • 3. The table of topics (program content) * Including: lections work-shops Credit practice № The topic 1 Core Concepts in Business Intuition. 2 1 - 1 What is Business Intuition & when to use it? Intuition and the rational mind: Left Brain Vs Right Brain. Measuring Success. 2 Core Concepts in Emotional 2 1 1 - Intelligence. Develop & trust: how to hear the “language” of intuition. The role & principles of stress- management. 3 Intuitive Marketing. Inspiration in 4 1 2 1 Marketing. When it all comes together: using Business Intuition to create new opportunities & follow perspective directions. The 80/20 rule. Get Set, Ready, Sell! (3 essential steps before picking up the phone) 4 Intuitive Managing. Using Emotional 4 1 2 1 Intelligence to feel better right away in conflict resolution, to build and follow your vision, to create profitable Employer-Employee-Customer relationships. Work-Life balance. 5 Intuitive Growth. Intuition Training. 2 - 1 1 The Perfect Strategy: a Left Brain - Right Brain Balance. Sustainable Success. TOTALLY 14 4 6 4 * This course is a part of Effective Self Management (Decision Making) Executive Education programme.