Navigating the complexities of the modern business world often leaves leaders struggling to find time for in-depth analysis before making crucial decisions. This article proposes five key questions that can guide leaders towards more informed and effective choices.
In fast-paced, complex business environments, it’s often hard to carve out the time for thoughtful, thorough analysis. Leaders might recognize that better questions lead to better decisions, but they aren’t sure exactly what to ask. These five questions can help.
1) What would happen if we did nothing? 2) What could make us regret this decision? 3) What alternatives did we overlook? 4) How will we know if this was the right decision? 5) Is this reversible? Whether you’re considering a career move or choosing a business strategy, the decisions you make today that will have short- and long-term effects on you, your team, and your organization require serious deliberation. They can’t be made too quickly, nor can they be avoided. But in our fast-paced, complex business environment, it’s often hard to carve out the time for thoughtful, thorough analysis that yields conclusive answers about the right path forward. We might recognize that better questions lead to better decisions but aren’t sure exactly what to ask. Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Decision Making. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies. A trusted authority on integrating brand, culture, and strategy to create enduring businesses, he has advised more than 3,000 leaders at companies including Google, Habitat for Humanity, and Qualcomm. Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Decision Making. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies
BUSINESS DECISIONS LEADERSHIP STRATEGY ANALYSIS DECISION MAKING
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