During one of my previous employments, a rumor came through the grapevine (you know how it is) that 300 people are going to be laid off next week. Putting aside what it did to the overall mood in the workplace, something bothered me about the number itself. Continue reading
Tag Archives: Decision making
Learning to be Rational – From Ask Anya mails
Following series of posts on How good are you in making decisions.
“There are so many components to our decisions that I doubt the change in a decision making process can be achieved so easily. How can we become rational if we don’t always know when we’re irrational?” Continue reading
Why do you need long-term goals?
A few years ago I have had an honor to participate in a panel on military technology development. It comprised several specialists from different fields, including IT, Theoretical Physics, Medicine, Disaster Management and, of course – guys in uniform.
It was most interesting to learn how they deal with different management-related problems Continue reading
When to stop doing what you’re doing?
Your team is working like clockwork, all your projects are delivered on time, your business is so profitable that it leaves the competition behind?
No? Yes, but…?
Then may be YOU HAVE TO CHANGE SOMETHING. Continue reading
Decision-Making and Strategic Planning: how to fight Uncertainty
Decision-making by its nature has a natural connection to long-term planning: by trying our best to make our decisions better we’re trying to influence the future. Taking into account our decisions and their possible consecutive outcomes is practically the essence of planning strategically. The problem is: how can we know the results of our future decisions to plan our next move? How can we fight the uncertainty of the future? Continue reading
How much is “Most People”?
When I previously wrote about utilizing data and research in management, I mentioned that not always when people are using a certain word or term, they are understood the way they meant to. This is especially relevant when we’re trying to express quantities without using numbers. For example, how many people are “most people” or how frequent is “usually” ? Continue reading
Utilizing Data and Research in Management
Why would I choose to focus on this topic? It sounds so boring that I risk losing your attention already at the title.
But no, I haven’t lost my marbles. Lately, we’ve discussed at length the crucial role of the Manager in the Decision-making process, so it brings us naturally to the most crucial component of this process – the interpretation of information. Continue reading
How good are you in making decisions? Part 3 – Manager’s role in the process of making decision
Nothing speaks louder about particular Manager’s style than the way he conducts the decision making process. Some prefer to let others make decisions for them (thus trying to escape responsibility), while others demonstrate a completely opposite behavior by making all the decisions on their own.
But in all cases, Manager’s role in this process is crucial. Ideally, Continue reading
How good are you in making decisions? Part 2 – Difference of making decision individually or in a group
As we saw previously, the decision making process is actually very structured and the quality of our decisions depends on how good we are in following every single step of this process. While each step has its own predicaments and complications, we have outlined the main tools and techniques to overcome those.
However, in order to successfully manage this process, it is imperative to consider Continue reading
How good are you in making decisions? Part 1 – The Process
Imagine someone approaches you at a party and asks what you do for a living. You proudly answer that you are a “(level of seniority) Manager at (name of industry/ company)”. But then you’re asked: “Yeah, but what do you DO there?” How would you describe your job in one sentence to someone who has never managed people or projects? Continue reading