Decision-Making in the News

January 2, 2018

Association Decision Making: A Path to Better Decisions

It͛s not easy to make clear decisions at an association: Rational thought often contends with risk-averse stakeholders, bad data, perfectionism, an itchiness to make any decision (even a bad one), and other roadblock.
January 1, 2018

New Budget, Same Problems: How to Avoid Common Budget Formulation Pitfalls

In today’s high-paced world, absolutely nothing replaces having the right information at the right time to make the best decisions. Unfortunately, many leaders are too busy with the challenges of formulating, tracking and reporting budgets, instead of tackling strategic improvements.
December 19, 2017

Debias for Better Innovation

Everyone thinks that they are less biased than their peers. This susceptibility to the bias blind spot appears to be pervasive, and is unrelated to people’s intelligence, self-esteem, and actual ability to make unbiased judgments and decisions.
December 14, 2017

Big Data: Forget Volume and Variety, Focus On Velocity

Data is said to age like wine—meaning the longer it’s kept, the more insights you’ll be able to glean from it. While this may be true for some forms of data, this analogy doesn’t apply to all situations.
December 13, 2017

How Using a Flexible Team Decision-Making Approach Can Bring Success

When teams are coming up with their operating norms, one of the key areas that is almost always discussed is decision-making. Every team has to make decisions. The really important thing to gain team understanding around is how this team is going to make the decisions it needs to make.
December 11, 2017

Are You Making The Leap From Big Data To Wise Decision Making? (Part 1 of 2)

Many companies are grappling with how to leverage the opportunities arising from big data. But, there’s nothing new about exponential technology change and the accelerating ability to capture enormous amounts of data. And, there’s a lot to learn from earlier pioneers about how to tackle this challenge.