Executive Decision-Making

Learn how to make quality decisions with impact. Find the data and tools to support your decision, communicate decisions effectively, and lead your organization through change.

Introduction

• What is at stake in executive decision making?

1. Characteristics and Context of EDM

• Executive vs. day-to-day decision making
• Assessing the greater risks
• Planning for long-range impacts
• Making hard choices

2. Key Ingredients for Good Decision-Making

• Getting the right data for making a decision
• Using the right tools
• Exercising proper judgment
• Communicating effectively
• Managing change

3. Making the Decision

• Determining who's involved
• Making the call
• Defining your measures
• Declaring success

4. Common Problems

• Cultural differences
• Quality of data
• Accountability and transparency
• Trust

5. Example Decisions

• Acquisition
• System implementation
• Market expansion
• Downsizing

Conclusion

• Taking a broad perspective