Poor decisions destroy a company’s ability to drive performance

  • December 18, 2013
bigstock-Back-view-of-businessman-46335613
Five Steps to Ensure Your Organization Improves its Decision Making in order to drive performance. CEOs and Senior Leadership must remove the barriers that lead to poor decisions and invest in decision making as a fundamental management competency that drives strategic value and sustainability.

 

Experience has shown there are 5 main causes of inferior decision making:

  1. Poor quality data or waiting for the perfect data to exist
  2. No common decision making process or set of steps
  3. Not making the thinking behind decisions visible to the people involved
  4. Inability to sort relevant from irrelevant data
  5. Explicit or implicit bias to the data itself or process being used

Read the whole article here...

Blog Post

Related Articles

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique.

Why half of decisions fail?

December 10, 2013
Managers Need Information to Solve Problems, and Most of Them Do Not Know How to Get It. The most common source of...

Why Bad Strategy Happens to Good CEOs

November 6, 2014
7 Simple Checkpoints to Turn the Tide of Lagging Performance. CEOs get paid to own and deliver EBITDA results in a...

The Book Consultants Don’t Want You to Read...

November 8, 2017
Making Big Decisions Better was reviewed by Charles Franklin on Small Biz Trends. "Business strategy is one area that...
Blog Post CTA

H2 Heading Module

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique.