Good decisions drive organizations. It’s one of the CEO’s five main responsibilities, yet many take the wrong approach. Some attempt to make every little decision. Others procrastinate for fear of making a wrong decision.
A clear, continuously updated org chart is a surprisingly effective tool for fostering great decision making.
This is an excellent blog post by Bryan Goldberg, the founder of Bleacher Report.
Image courtesy of TSG Associates Ltd of England and Wikipedia
During my CEO decision-making series, I’ve talked about how to thwart the four villains of decision-making and 10 rules to live by, but what do you do when you are in the heat of battle
Here are the final three of my 10 rules to effective CEO decision-making, which have guided me for many years. These three entail working with and supporting your staff to ensure the best decision possible is made.
I’m sharing 10 rules of decision-making for CEOs, which have helped guide me through the years.
Photo Credit: FutUndBeidl via Compfight cc
I’m in the middle of a weeks-long odyssey to show CEOs how they can make the best decisions possible. Over the next few posts, I’ll share 10 rules of decision-making that have served me well as a CEO.
Now that I’ve have discussed what decisions the CEO should be making, I want to address how to make the best decisions possible.
As I wrote about recently, one of the main responsibilities of a CEO is to make good decisions. This is easier said than done of course. I will spend the next few weeks discussing the elements of good decision-making.
Over-confident CEOs can put companies at risk, research shows
CEOs need to demonstrate strong leadership and good decision-making skills, but CEOs with over-confidence can involve their companies in riskier ventures and put investors’ funds a