Archive for Decision-Making
Decision-Making Best Practice 2 – Multidiscipline Teams
Complex decision execution, whether seeking near- or long-term results, often stimulates action involving many of the functional business units within an organization. These decisions may mobilize procurement personnel for material acquisitions, human resources specialists for contractor in-processing, finance personnel for debt restructuring, or any of a number of other functional organizations for the performance of [...]
Read moreDecision-Making Best Practice 1 – There Can Be Only One
Effective decision-making provides the organization with a unified direction aimed at achieving a primary objective and possibly one or more secondary objectives. Regardless of the decision’s complexity or its immediacy, the probability of achieving a successful outcome is directly related to the organization’s ability to execute the decision in a deliberate and focused manner. It [...]
Read moreRecommended Resource – Great Escapes
Great Escapes: nine decision-making pitfalls and nine simple devices to beat them FORTUNE Magazine, June 27, 2005 by Michael and Jerry Useem About the Reference Great Escapes: nine decision-making pitfalls and nine simple devices to beat them by Michael and Jerry Useem explores the logic flaws that often skew perceptions and undermine decision-making effectiveness. The [...]
Read moreDecision-Making – Introduction
For better or worse, our decisions and those of the other members of our organization define today’s realities and tomorrow’s outcomes. In a world that is becoming increasingly knowledge based, more and more members of an organization are making impactful decisions every day; thereby extending decision-making’s importance from the executive suites to the desks of [...]
Read moreRecommended Resource – The Effective Executive
The Effective Executive: The Definitive Guide to Getting the Right Things Done by Peter F. Drucker About the Reference The Effective Executive: The Definitive Guide to Getting the Right Things Done by Peter F. Drucker focuses on self-management rather than on the management of others. The book addresses how an individual can become more effective [...]
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