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McKinsey: Decision making in uncertain times

McKinsey: Decision making in uncertain times

https://www.mckinsey.com/business-functions/organization/our-insights/decision-making-in-uncertain-times

“Leaders know that making good, fast decisions is challenging under the best of circumstances. But the trickiest are those we call “big bets”—unfamiliar, high-stakes decisions. When you have a crisis of uncertainty such as the COVID-19 pandemic, which arrived at overwhelming speed and enormous scale, organizations face a potentially paralyzing volume of these big-bet decisions.”

1. Take a breath

2. Involve more people

3. Make the critical small choices

4. Set up a nerve center

5. Empower leaders with judgment and character

Go big or go home

 

 

 

 

 

 

Posted on: March 26, 2020, 6:20 am Category: Uncategorized