BUY WITH CONFIDENCE
DESCRIPTION
In every organization, there is a consistent need to make timely crucial decisions at all levels. This is critical more so at the executive level. However, this isn't simple and there isn't a straight path either. Executives have to make tradeoffs, assessing different available options. In most cases, Chief Executive Officers have to develop their own on-the-job training programs for executives to sharpen their strategic thinking and judgmental skills.
Developing executives' judgment and decision making capabilities necessitates employing a systematic approach. This approach involves 2 key elements:
1. Grasp on Reality
2. Strategic Choice Cascade
Understanding these 2 elements enables the executives to establish priorities, clearly communicate the reasons behind their judgments, stand firm on their decisions, and become an advocate of those choices for others to follow.
Decisions made by the executives at the department and company level must fit and bolster each other. This is the hallmark of the approach to developing Decision Making Acumen.
The slide deck also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Leadership, Strategic Dialogue, Decision Making PowerPoint Slides: Executive Decision Making Acumen PowerPoint (PPTX) Presentation, LearnPPT Consulting
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OVERVIEW
ABOUT THE AUTHOR
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies.
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