Three keys to faster, better decisions
Want to make faster, better decisions? Here are three key strategies to help you out:
- Big-bet decisions are those high-stakes choices that can shape the future of your company. These are typically made by the top team and the board.
- Cross-cutting decisions, which can also be risky, happen often and require collaboration across different functions. These decisions are usually made in group settings.
- Delegated decisions are the smaller, low-risk choices that can be handled by individuals or small teams with minimal input from others.
By understanding these different decision categories and implementing the right practices for each, you can improve the quality and speed of your decision-making process.
