Decisions-by-committee are inherently problematic. They are often dominated by the loudest voice in the room, resulting in unclear authority and prolonged debates that delay resolutions. And worst of ...
Before I was a CEO, I made decisions faster. Now that I have the final call on many critical decisions that will affect my entire company and its future, I spend much more of my time pondering them ...
Business leaders and managers make decisions daily in a world full of uncertainty, with the intention of solving problems. Gaps in knowledge, skill sets and unforeseen variables impact decisions.
Opinions expressed by Entrepreneur contributors are their own. The process of business risk calculation is identifying potential threats to your business and then analyzing those probabilities to make ...
I do believe that most business leaders want to do the right thing, but many just don’t have the skills to develop an unemotional ethical position, or confidence to act on their ethical beliefs, or ...
An icon in the shape of a lightning bolt. Impact Link Long ago, business leaders accepted the notion that they must sometimes "go slow to go fast" when it comes to making big strategic decisions about ...
Step one in making an ethical decision is to gather the facts. Try to be as neutral as possible in describing those facts, bearing in mind how inclined we all are to distorting information to benefit ...