It isn’t news to you that today’s turbulent work environment is in a state of flux—one that charges you with resolving far more problems at an ever-increasing pace. Nor are they the straightforward black and white decisions from the good-old-days instead you’re struggling with shades of gray choices. You live it every single minute of every day!
There are two imperatives for why you should improve your decision-making capabilities no matter the position you hold:
First, is for the profitability of your company. Bain research reveals business decision-making effectiveness correlates 95 percent to your company’s financial performance. Additionally, when following the decision effectiveness of managers and executives, they found 98 percent failed to apply best practices.
Second, is for your job security. One of the distinctions standing between your work responsibilities being outsourced to lower wage employees overseas or technology replacing you is your ability to think, create, and make wise decisions for your organization. Read More→