Correcting Bad Decisions Fast
Stay flexible and be prepared for a speedy course correction of things that break down with a bad decision.
Get comfortable with uncertainty, and master the art of quickly recognizing, and correcting bad decisions.
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Deal With Bad Decisions
We all make bad decisions, but successful people course correct more quickly.
When successful people have enough evidence that they’ve made a bad decision, they don’t look for more. They fail fast, move on, and then they don’t talk about it again. They also fix fast.
Experts and bad decisions
- When experts and pundits don't acknowledge that they don't know, it can lead to bad decisions.
- When uncertainty is admitted with a level-two problem, qualified experts' advice can get lost in the noise, or decision-makers might ask the wrong experts.
- When...
Approaching big bet decisions
- Appoint an executive sponsor to work with a project lead to frame important decisions for senior leaders to weigh in on;
- Break things down (with decision meetings at each stage), and connect them up.
- Focuses on debating the solution (instead of endlessly ...
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