Join Mike Figliuolo for an in-depth discussion in this video Getting the right data, part of Executive Decision Making.
- Big decisions require a lot of data.…But the flip side of that is,…you have to be aware of analysis paralysis.…When you're making an executive decision,…consider multiple sources of data.…Look for internal data, external data,…sometimes consider analogous situations.…Perhaps even in another industry.…Look at financial data,…customer data, look at your operations.…Are there industry reports that you can rely upon…as you're trying to figure out…which way you should go with your decision?…As you're gathering data,…don't just tell people the data you want,…tell them what you're trying to do with it.…
You'll get a better answer.…Many times there is data out there that exists…that you may not be aware of.…And if you go to somebody with a very focused data request,…you're likely to get back exactly what you asked for.…However, if you tell them "I'm trying to prove this,…"and here's the data I want.", they may well come back…and say "That's not the data you need,…"the data you need is actually over here".…Remember, data is not static.…
Mike helps you find the data and tools to support your decision, make the call, communicate decisions effectively, and lead your organization through the change. He'll also address common problems that arise from these high-profile decisions: cultural differences, quality of information, trust, and accountability, to name a few.
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- Explore methods for communicating more effectively.
- Review decision-making styles to find the best one for you.
- Recognize the right time to declare success.
- Recall how an understanding of inherent biases can help you get the right data.
- Review methods for building trust.
- Explore how to make the right call while assessing risks.