The four types of intuition managers need to know
Christian Walsh,
Jamie Collins and
Paul Knott
Business Horizons, 2022, vol. 65, issue 5, 697-708
Abstract:
In today’s rapidly changing but data-rich environments, managers at all organizational levels need to use appropriate intuition, balanced with analytic thinking, to create and capture opportunities. Intuition is often thought of as a single construct, but our 2-year longitudinal study of multiple managers developing opportunities uncovered four distinct types of intuition: expert intuition, based on previous experience; creative intuition, based on a sense of direction for a novel solution; social intuition, based on a sense of interpersonal relationships; and temporal intuition, based on a sense of the timing being right to create or capture an opportunity. We offer a range of recommendations regarding the strengths and limitations of each type of intuition. With a more nuanced understanding of the types of intuition, managers will be better equipped to leverage the strengths—and be wary of the limitations—of intuition in their own decision-making and that of others.
Keywords: Expert intuition; Creative intuition; Social intuition; Temporal intuition; Management (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:65:y:2022:i:5:p:697-708
DOI: 10.1016/j.bushor.2021.12.003
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