Financial Management by a Left-Brain Dominant Person

Dear Readers,

I discussed about Right brain dominant person in last blog, I will write about peculiar characteristics of a Left-Brain Dominant persons and their strengths and weakness in relation to Financial Management.

Left brain is responsible for logic, number crunching, data, language, observation as well as intra personal intelligence. Those with dominant left brain need a lot of data before deciding on anything, they have ability to understand & analyze large data, find patterns in numbers, they are good at calculations and establishing logical reasoning in almost anything. Such persons may lack intuition and may not be able to decide unless the numbers are favorable. Such people are too objective in decision making and tend to miss the subjective or emotional component of the same.

It is highly recommended for left brain dominant people to be in Finance, engineering or data analytics. Can we conclude that such people are really good at Financial management? Apparently yes, they would be disciplined and would rarely miss deadlines, they are always ready with calculations about the possible loss if any date is missed or payment/receipt is delayed.

Such people are meticulous and are aware of tiny details but may lose sight of a broader picture. Such people can easily end up in “Analysis Paralysis” i.e. they do excessive analysis even for small aspects. We can also call such people as “Penny wise Pound Foolish”. Normally other people who are close to left brain dominant persons and are right brain dominant find it difficult to understand the need for analysis, they will find all the number crunching as waste of effort. This can create friction.

These persons need to avoid analysis paralysis and go ahead with decision making at some point of time/situation. For that too, they will have to figure out a base line below which they will not analyze and just decide based on likes and dislikes. In business they can delegate the small & trivial aspects and consciously avoid interfering the same. This will release a large chunk of time for them which can be used to focus on relevant data analysis or doing some activities which will trigger right brain and unleash creativity.

It can never be concluded about which side of the brain is better, since both the sides are given to all and are functional in difference proportions, it is obvious the differences will remain. What we should focus at depends on the extent of left or right brain dominance and reducing the impact of its extremity on our own personal wellbeing (physical, mental, emotional, and most important financial, spiritual wellbeing can also be included as spirituality is by and large a right brain function initially later at deeper level if understanding one can find logic and reasoning in spirituality as well) and impact on people close to us. The best way to induce higher activity in the non-dominant brain is to play games or solve riddles which will trigger the non-dominant brain.

For Ex. To trigger right brain (to be done by left brain dominant persons) – play jigsaw puzzles, use of mind mapping diagrams for important decisions.

To trigger the left brain – play sudoku, mental math or logic puzzles.

Remember the optimum balance is known as “Golden Mean” which is the crux of everything.

CA. Avinash Shukla

Email: caaashukla@gmail.com

Mo: 9890184190

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