Leadership and Decision Making

Topics:
Decision making
Tags:
Decision,
Decision Quality,
Decision-making,
DQI,
Leadership,
Management,
Tools & Techniques
Source:
DQI

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Overview: To create an organization that makes high quality decisions, one first needs to understand the larger dynamics that govern decision making and decision quality. They are; A decision is only as good as the weakest link; How one frames decisions matters; One can't judge a decision by the outcome; Decisions are linked; One can't know everything beforehand; People have different risk profiles; Organizational decision making is a balancing act; 'Two-choice dilemmas' make leaders; Organizational decision quality must be built a step at a time; It's not a decision until one commits. This paper explains each of these themes in the context of one of the great case studies in organizational decision quality of the last hundred years: the journey of Ernest Shackleton and his crew to the Antarctic aboard The Endurance.

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Format: PDF | Size: 253KB | Date: Aug 2006 | Pages: 23


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