Good decisions don’t have to be slow ones

This weeks Tip of the Week comes from Iskandar Aminov, Aaron De Smet, and Dan Lovallo . They discuss their survey of more than 1,200 respondents that “challenges assumptions about decision making, while underscoring the frustrations many executives feel about it. One such finding: decision making uses up a lot of executives’ time, and much of it is spent ineffectively”.

Good decisions don’t have to be slow ones

The authors, and contributors look at winning organizations and list some of their most likely traits, including:

-Making decisions at the right time

-Focus relentlessly on enterprise – level value

-Get commitment from the relevant stakeholders.

“With the right mix of processes and practices, decision makers can involve the right people”

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