Category: Decision Making
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#59: Should we have an Andon Cord?
As you grow your business, it’s essential you ‘let go’ and pass responsibility to your team members. Of course, this isn’t as easy as it sounds, because so many things can slip through the cracks. Oftentimes, this isn’t out of incompetence or neglect … but a result of a flawed system. For instance, let’s consider…
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#50: Do we know what we don’t know?
At a news briefing in 2002, US Secretary of Defense Donald Rumsfeld attempted to explain the limitations of intelligence reports: “There are known knowns. There are things we know we know. We also know there are known unknowns. That is to say, we know there are some things we do not know. But there are…
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#41: Which overdue decision am I going to make today?
There’s a decision you’ve been putting off for some time now. Am I right? I’m usually on the money when I ask that question by the way. There’s someone that should have been let go … A project that should have been killed off … A client that needs to be fired. In our role…
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#37: Are we thinking enough moves ahead?
The rate of change is accelerating. The futurist and Google’s director of engineering, Professor Ray Kurzweil has predicted that in the 21st century, technological advancement will move forward not by 100 years but by 20,000 years. And his predictions about technological advancement have been quite accurate so far – he’s had an 86% success rate!…
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#35: Are we complexifying this problem?
“If I had an hour to solve a problem, I’d spend 55 minutes thinking about the problem and five minutes thinking about solutions.” So said Einstein. Who apparently knew a thing or two about problem-solving. When working with businesses, we often see complexificated (yep, I made that one up) solutions to relatively simple problems, because…