newsletter archive.
(Previously published under the title Extreme Profits
under ISSN 1925-8941)
Rational decision making, decision audits
With a plethora of books, videos, podcasts, TED and similar talks, seminars, coaching sessions, and other services, why are leaders' decisions still not moving more organizations to success? McKinsey & Company reports that leadership development is consistently less than desired - in a 2016 survey of 510 executives, only 11 percent said that their leadership development programs achieve and sustain the desired results.
The fallacy of efficiency, how real leaders lead
In a corporate world where efficiency is the father of productivity, there is a startling counter-effect: The most efficient die early. Perhaps what is even more surprising is that organizations hell-bent on making all of their practices efficient do so at the expense of common sense.
It was Peter Drucker that said: "There is surely nothing quite so useless as doing with great efficiency that which should not be done at all."
Into the future, forecast decisions
If you were asked to predict the winner of the next World Cup Soccer event, would you be able to make an accurate prediction? If Paul the Octopus was still alive, he may have used his divination powers to do just that. However, humans are not generally so endowed.
But predicting the future is an important element of decision making. So important, in fact, organizations go to great lengths to ensure that their operations align with their strategic targets.
Open, narrow, close, must and want
When organizations know the root cause of their problems, they will go through three phases to generate and select appropriate solutions. The phases are…