Nov. 14, 2020

Stuart Tootal & Greg Davies on the lessons for business from military decision-making

Stuart Tootal & Greg Davies on the lessons for business from military decision-making

What can the military teach business? Much as companies often talk about 'wars' (most obviously when it comes to talent) and 'battles' (usually for market share), it's not obvious that the two have much in common. Yet, from personal experience, there...

What can the military teach business? Much as companies often talk about 'wars' (most obviously when it comes to talent) and 'battles' (usually for market share), it's not obvious that the two have much in common. Yet, from personal experience, there are lots of former military personnel using the same skills they've developed in their early career, in their second career in business. As this Economist article highlights: https://www.economist.com/business/2020/10/24/what-the-armed-forces-can-teach-business

In my ongoing quest to find interesting ideas in other contexts, I thought it would be a good idea to find out. So on this episode, I'm joined by two guests. One with a military background and one with a financial services background. Together, they provide some fascinating insights.

My first guest, Stuart Tootal spent 20 years in the British Army, where he commanded a Parachute Regiment battalion, which formed the first UK battle group that was sent to southern Afghanistan in 2006.

My second, Greg Davies, is a globally recognised expert in applied decision science, behavioural finance, and financial wellbeing, as well as a specialist in both the theory and practice of risk profiling.

Together, they help me explore how military decision-making and processes can help reduce Human Risk. What they have in common, is something you'll have to listen to the show to find out.

For more on Stuart visit - https://www.matero.co.uk/about/

For more on Greg visit - https://oxfordrisk.com/about-us/greg-b-davies/

During the show, I refer to other episodes of this podcast. You'll find them here:

Rory Sutherland - https://www.podpage.com/the-human-risk-podcast/rory-sutherland-on-compliance/

Matt Edwards - https://www.podpage.com/the-human-risk-podcast/matt-edwards-on-creative-risk-marketing/

Jill McDevitt - https://www.podpage.com/the-human-risk-podcast/dr-jill-mcdevitt-on-sexology-condoms-masks/