The value of an organisation is the sum of the decisions it makes and implements

What do the experts say?

“Ultimately, a company’s value is just the sum of the decisions it makes and executes.” - Blenko, Mankins & Rogers, June 2010, HBR

“72 percent of senior-executive respondents to a McKinsey survey said they thought bad strategic decisions either were about as frequent as good ones or were the prevailing norm in their organization.” - McKinsey Quarterly, June 2017

 

“There are two main causes of poor decision making: insufficient motivation and cognitive biases.” - Beshears & Gino, May 2015, HBR

 

“True strategy is about placing bets and making hard choices. The objective of strategy is not to minimise risk but to increase the chance of success.” - Roger Martin, Jan Feb 2014, HBR

 

“Ask yourself whether you would choose the status-quo alternative if, in fact, it weren’t the status quo”  - Hammond, Keeney & Raiffa, Sept Oct 1998, HBR

 

“The new smart will be about trying to overcome the two big inhibitors of critical thinking and team collaboration: our ego and our fears. Doing so will make it easier to perceive reality as it is, rather than as we wish it to be.” - Ed Hess, June 2017, HBR

The value of an organisation is the sum of the decisions it makes and implements

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randal@welldev.com.au

Perth, Western Australia

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