Join Todd Dewett for an in-depth discussion in this video Embracing a rapid-decision-making process, part of Managing for Results.
- Often times, the secret to producing results…is acting fast.…In general, leaders tend to take a little more time…than is optimal to make decisions,…rather than a little less time.…This is explained by high work loads, procrastination,…and sometimes by excessive analysis.…The goal is to make decisions as quickly as possible,…without adding unnecessarily to the risks involved.…Now, let's be clear.…Problem solving and decision making are different.…Problem solving is about trying to improve…a situation that is unacceptable.…
Decision making is about…choosing an option and moving forward.…A typical problem solving process includes these steps:…Find the root cause, develop alternatives, evaluate options,…select a solution, and implement the solution.…To move from one step to the other requires us to,…you guessed it,…make a decision among several possible options.…At that point, we move into decision analysis mode.…Normally, this means engaging…a few different decision tools,…and here's where time sometimes slows to a crawl.…
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- Identify multiple strategies for managing with results in mind.
- Explore the strengths and weaknesses of visual management.
- Recognize the key factors in building a transparent meritocracy.
- Identify methods for tuning and optimizing management processes to improve efficiency.
- Review the challenges of rapid decision making.
- List the essential elements of a post-hoc analysis.