decisions
Five ways Pixar makes better decisions
Organizations with good judgment have a number of typical attributes such senior executives who understand that they don't have a monopoly on knowledge and judgment and involve multiple people in decision processes. Other attributes include using a process for “postmortems” on major aspects of completed programs, and getting feedback from others. Full Article.
Business Restructuring
The time it takes to make decisions can be a huge advantage. Organizations that go into analysis paralysis will always followers; those that make quick decisions become the leaders. Being objective and honest about where you stand relative to best in class is an important piece of the assessment. Full Article.
Flexibility in tough times can provide a strong competitive advantage
Today, business executives need to be nimble and quick. Put the playbook aside. Be ready to act and react quickly. While all actions carry with them certain risks, there may be greater risks from inaction, delayed action, or "slow-motion" action. Full Article.
Innovation Is a Better Way to Compete
Business competitors will normally compete in a death match unless one finds a new market niche or a new process to address the existing market. The best strategy is to invest a modest amount of energy into an innovation, pay attention to all the market intelligence you can get, then use your competitive intelligence to make good, innovative decisions.
