Decision-Making in the News
March 1, 2018
The speed at which change is now manifesting itself is a real problem for boardrooms across the globe. As organizations struggle to keep up, they often fail to put a structure in place that allows for quick responses to market shifts in an effective and profitable way. Reluctance to change is threatening to become a pandemic that kills off a significant proportion of businesses that are thriving today.
February 28, 2018
When managers want employees to come up with breakthroughs, they need to give people some time alone to ponder their craziest of ideas and follow their paths of association into unknown terrain. They should be urged to come up with ideas freely, without fear of judgment.
February 27, 2018
Although evidence clearly contributes to thoughtful policy-making, evidence cannot and should not drive policy decisions. When we make decisions, or policies, we are driven by a desire to achieve a set of goals.
February 22, 2018
An increasing wolf population has caused worries and protests from local communities, alarmed at possible predation against domestic livestock and the economic impact on their livelihoods. A new multi-criteria sorting method for organizing and analyzing complex decisions, based on the analytic hierarchy process (AHP) was used to solve the wolf attacks on livestock farms.
February 20, 2018
It’s clear that many leaders are failing to foster a sense of trust and loyalty in their employees. Fortunately, that doesn’t have to be the case. Managers who show great leadership qualities can inspire their teams to accomplish amazing things.
February 15, 2018
Cross-functional collaboration is essential to success: “Everyone gets so busy in their own silo that they forget the inter-related and inter-dependent nature of divisional goals."
February 13, 2018
People think focus means saying yes to the thing you've got to focus on. But that's not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I'm actually as proud of the things we haven't done as the things I have done. Innovation is saying no to 1,000 things.
February 8, 2018
If you're in a leadership position, decision making is part of your job. Your decisions will largely determine the type of the company you have moving forward. It doesn't matter if you were a leader in the past or today. If you want to become a better leader, manager, employee, etc., it all starts with making better decisions.
February 6, 2018
Here are 8 symptoms of groupthink, which is frequently found among tight-knit groups -- particularly those without diversity.
February 1, 2018
The hardest activities to automate with currently available technologies are those that involve managing and developing people (9 percent automation potential) or that apply expertise to decision making, planning, or creative work (18 percent).” Computers are great at optimizing, but not so great at goal-setting. Or even using common sense.