Feb 8, 2009
Post a Comment
Making Good Decisions: Tips for Management
In Why Decisions Fail (Berrett-Koehler, 2002), Paul C. Nutt makes the astonishing statement that “failure is four times more likely when decision makers embrace the first idea they come across…” What can cause the manager to make these kinds of choices? What are some ways to prevent these mistakes?
One major contributing factor is familiarity. Most decision makers have substantial experience in both the industry and company culture in which they work. This experience, while very helpful in most regards, tends to create a paradigm within which potential solutions are often limited. The reasons for making familiar choices are often obscure, if not forgotten. Read the rest of this post »
