The need for better decisions – why now?

Better wayMy previous posts about the costs of our mistakes lead to a discussion about the awareness of our colleagues in regard to the importance of the subject. After all, it seems clear to anyone who has some actual experience with management that there always be mistakes and therefore – the risks associated with them. Even more than that, the actual situation of the market today doesn’t suggest any tangible improvement being made in this regard, so is the need for better decisions really understood by today’s Managers or is this just an illusion? Continue reading

How good are you in making decisions? Part 2 – Difference of making decision individually or in a group

Decision making in group or individuallyAs 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