Skip to main content

May
14
2012

"In his provocative book The Paradox of Choice, Barry Schwartz's warns that giving consumers more product choices actually lowers their purchase satisfaction. Schwartz reasons that having too many options makes us fear missing out, which causes anxiety, analysis paralysis and regret."

customer customersatisfaction brands decision cognitiveoverload informationoverload

  • consumers are actually overwhelmed, unable to effectively process the flood of product information and choices.
  • These are the behaviors of overwhelmed shoppers who struggle to process information and unnecessarily agonize over otherwise trivial purchases. The problem is cognitive overload — the result of excess demands on our cognitive powers that lead to poor decision-making.
  • 2 more annotation(s)...
Apr
26
2012

"Key findings from the report found that:

Performance is the number one measure of recruitment success

New staff under pressure to make greatest impact in their first year

Employers target recruits who make good decisions, bring creativity and build good relationships with bosses and peers "

shortterm newjoiners management humanresources decision

    • Futurestep found that the most successful new professional and managerial hires demonstrate three ‘golden keys to success’:

      1. Decision quality - Makes accurate and good decisions

      2. Action oriented - Is quick to take initiative

      3. Customer focus - Is dedicated to meeting customers’ needs and expectations

  • But businesses’ focus on the short term means many organizations risk overlooking the valuable contributions this employee group makes over the longer term.
  • 1 more annotation(s)...
Apr
10
2012

"Executives tell me their teams make decisions all the time. "Bob," a CEO will say, "I know you think that individuals — not groups — make most decisions. But that's not true. My team and I make lots of decisions together."

In fact, they don't. It's an illusion."

collaboration team teamwork decision decisionmaking accountability

  • But then I ask the CEO two questions. First: "Were you part of the consensus?" If the answer is yes, then in reality the group didn't decide; they agreed on a course of action that was acceptable to the boss.
  • The group discussion helped evolve the boss's thinking, which reshaped the ultimate decision. But even if the decision wasn't one the boss would have initially made or isn't his or her top choice, the fact is that the CEO was part of the consensus.
  • 4 more annotation(s)...
Jul
24
2011

"One person is the Decider for final design choices. Not focus groups. Not data crunchers. Not committee consensus-builders. The decisions reflect the sensibility of just one person: Steven P. Jobs, the C.E.O.

By contrast, Google has followed the conventional approach, with lots of people playing a role. That group prefers to rely on experimental data, not designers, to guide its decisions. "

Apple Google innovation decision decisionmaking hiring

  • The auteur, a film director who both has a distinctive vision for a work and exercises creative control, works with many other creative people. “What the director is doing, nonstop, from the beginning of signing on until the movie is done, is making decisions,” Mr. Gruber said. “And just simply making decisions, one after another, can be a form of art.”
  • “Steve Jobs is not always right—MobileMe would be an example. But we do know that all major design decisions have to pass his muster. That is what an auteur does.”
  • 4 more annotation(s)...
Jun
15
2011

"Après avoir courtisé leurs dirigeants, leurs actionnaires, leurs clients et même l'opinion, voilà que les entreprises s'intéressent à leurs employés. Il faut dire que de récentes affaires, comme celles de Renault ou France Telecom ont montré les ravages de la démoralisation des troupes. Vingt ans de pression actionnariale, de changements technologiques et d'évolutions sociologiques, conclus par une crise majeure, ont eu raison de la fiction d'une entreprise heureuse dans un environnement sain."

management change employees employeesatisfaction employeesengagement engagement autonomy selforganization responsability decision decisionmaking

  • En janvier dernier, le gourou du management Michael Porter avait lancé un pavé dans la mare avec son concept de « valeur partagée », sous-entendu partagée aussi avec les salariés et le milieu environnant, et pas seulement entre actionnaires, dirigeants et client
  • Ce serait exagéré : nombre de réflexions qui sortent aujourd'hui sont travaillées depuis des années par les adeptes de la responsabilité sociale d'entreprise. Et Christian Nibourel, le patron d'Accenture France, rappelle qu'en 1954, Peter Drucker affirmait déjà que « les seuls facteurs qui font progresser une entreprise sont les hommes, de l'ouvrier au directeur, leur capacité d'innovation et la façon dont ils organisent leurs relations de travail ».
  • 4 more annotation(s)...
Apr
20
2011

"In the third quarter of 2010, Genesis Management Consulting Group launched the results of its second global survey on strategic decision-making. The survey defined strategic decision as a decision that “could have fundamental and significant impact on the organization.”"

people process decision decisionmaking BI collaboration socialsoftware mobility

  • Genesis revealed that the top decision-making problems were people and process.  The top people problems were unpreparedness of decision-makers and intercompany politics; while top process problems developed from unchallenged assumptions (involving the implementation process) and rushing to a decision before the process was fully scoped.
  • Gartner predicts that in just two years, “33 percent of BI functionality will be consumed via handheld devices.
  • 2 more annotation(s)...
Apr
15
2011

"This is also our guiding principle at Darwin. We want to better enable people to make decisions by using Chaos Theory principles to let the content self-organize and then creating useful content visualizations to facilitate the human mind’s ability to sort through content as you will soon see. It is the opposite of semantic technology that tries to get the computer to understand language and do some of the cognitive work. There can be a place for both."

darwin watson decision decisionmaking monitoring contentmonitoring awareness semantic artificialintelligence humanintelligence intelligence

  • So the issue is not whether computers will outpace people but how the two can work together.
  • 2 more annotation(s)...
  • Screen shot 2011-03-24 at 8.27.43 PM

"Here is a report addressing an interesting question. In December 2010, inlevel conducted a research on "Middle Management as Business Software Influencer." They start with an interesting point. Software tended to be sold to senior business management and CIOs. However, because of increased access to the Web, greater use of cloud applications and simpler applications, a growing number of software purchases do not require senior level support nor need to involve IT. So this study looked at the current role of middle managers in software purchases. They gathered responses from 210 middle managers across a variety of industries in the US."

middlemanagement software buyer IT businesssoftware decision influence purchase

  • The research found that 42% of middle managers surveyed said they are actively engaged in the enterprise software selection process and 41% said no one a cared about their views. 
  • They want to talk with vendors about their offerings. 
  • 1 more annotation(s)...
Mar
27
2011

"Almost all executives want more and faster information, and almost all companies are racing to provide it. What many of them overlook, though, is that the real aim should be not faster information but faster decision making — and those aren’t the same things."

decisionmaking decision information informationoverload reporting report

  • That frustration has led many organizations to try to speed up the delivery of data and analysis, particularly in the context of decision making (typically described as “business intelligence,” or BI). But few organizations have reached an optimum with regard to how fast important information reaches in boxes, desks and brains.

     

  • Lack of information flexibility is another common problem. While standard reports can still be useful, as the amount of information in companies grows it becomes increasingly difficult to anticipate all information desires and delivery frequencies ahead of the need.
  • 3 more annotation(s)...
Mar
23
2011

"The most captivating item in Michael Norton's office is a Star Wars The Force Trainer, a toy that allows would-be Jedi warriors to levitate a Ping-Pong ball within a tube using only the power of focused thinking. Norton, a marketing professor at Harvard Business School, plans to study whether inducing people into believing they can expertly control the ball will affect the way they perceive themselves as business influencers.

In fact, Norton spends most of his time thinking about thinking. So it's somewhat ironic that his latest line of research explores the idea of thinking too much."

decision decisionmaking thinking

  • One view is that people often make decisions too hastily; they use shortcuts and heuristics, and therefore they're susceptible to biases and mistakes. The implication is that if maybe they thought more, they'd do better.
  • And then there's this whole stream of research about ways in which you should think more carefully in more logical ways—creating decision trees that map out 'if you want to do this, then you should do this and not that,
  • 5 more annotation(s)...
Dec
9
2010

"At the New MR Virtual Festival, Diane Hessan of Communispace said one of the most frequently asked questions she gets is, “What are the critical successful factors for a community?” Having built over 400 of them, Diane says, “We have probably made more community mistakes than anyone in the world!” Based on those experiences, and on extensive research on research that Communispace has done, Diane has identified 8 myths about successful research communities"

communities panels technology ROI decisionmaking decision myth rewards participation

  • Myth: Communities can be valuable for almost any decision. There is a myth that you can just ask members about anything, figure out what they are saying, and move forward
  • Technology is important: you have to have a rich feature set; you need an ability to run with subsets; to profile community members, but engagement is the most important thing.
  • 3 more annotation(s)...
Jul
30
2010

"Here is an interesting idea that has been well articulated in a new book, The Learning Layer by Steven Flinn. I recently had a chance to speak with Steve about this marriage of aspects of Web 2.0 and artificial intelligence (aka adaptive systems) that can have useful applications within the enterprise."

thelearninglayer stevenfinn behavioralinformation datamining web2.0 adaptativesystems workflow value decision beahavior

  • use of personalized responses based on user behavior has been pervasive on the consumer Web through such things as Amazon’s recommendations.  However, this technology has been applied much less within the enterprise
  • Not only are personalized recommendations provided to individual users based on their behavior and the behavior of others, but the system feeds these recommendations back to itself to continuously adapt on an automated basis
  • 1 more annotation(s)...
Apr
17
2010

"The Aggregation methods on the other hand describe how these decisions are made or this work executed: Independent, Autonomous, Consensus, Deliberative, and Combative. These again are alternatives to each other to create results.

Very briefly:

* Independent—Members work on the task separately, but the results are aggregated across all members
* Autonomous—Members work on the task separately of each other, and their results are distinctly visible to other members as separate work.
* Consensus—A group of members works directly together on the task with the intent to deliver an overall collective result, even if it’s not unanimous or convergent.
* Deliberative—A group of members works directly together without the intent or necessity of coming to a consensus on a single result.
* Combative—Members must compete against each other to derive the best result from the group, denying other choices."

leadership decisionmaking decision

Jan
29
2010

"In reality, Google has replaced opinions. We used to solicit people’s opinions a lot more often in the workplace because we needed to gather information about how things were being done in other companies where they may have worked in the past. We lacked the huge library of potential solutions that we have today, when a simple Google search can provide us with a myriad of opinions and best practices to choose from. So it no longer makes sense to use our precious talent and resources to try to generate ideas and opinions. I would rather they use their expertise to make the decision work! "

opinion google decision decisionmaking leadership

  • For 90% of people in any organization at any given time, their role is simply to be informed – not to make, or comment on, a decision. If you subscribe to the idea that everyone’s opinion has to count, in effect you are handing out veto power to the majority while only a minority has the power to say “yes.” This sets up a paradigm in which it’s very difficult to take positive action. You also create a situation in which people feel buy-in is optional. This leads to resistance that can stall or even sabotage your plans. Reality-Based Leaders are clear that the highest value the talent under their leadership can offer is to implement with excellence. They value action over opinion.
  • If you are not in the position of ultimate decision maker, offer expertise – not editorials. If you are asked your opinion about a potential decision, be proactive. Offer up a variety of ideas to the decision makers, outlining the potential benefits of each course of action along with the corresponding risks, complete with your team’s plan to mitigate the risks of any chosen option.
  • 2 more annotation(s)...
Aug
14
2009

Greg Oxton from the Consortium for Service Innovation (CSI) shared with me a model for understanding how engaged enterprises really are:

* 1% of customer conversations are assimilated as organizational knowledge
* 9% of customer conversations touch the organization, but no learning occurs
* 90% of customer conversations never touch the organization

crm socialcrm engagement socialmedia information decision decisionmaking customers conversation knowledge organizationalknowledge

  • But before you leap into reinventing your processes for transformative value, step back. You can't collaborate with your customers before you learn to collaborate with your employees. In the spectrum of risk taking, its best to deploy from the inside-out.
  • Fundamentally, they only way we can find information is with each other, and with each other it can be knowledge. Search returns relevant results. Relevancy is good, it saves time. But it differs from answers. Information has no value until it informs a decision, and when it does, you can measure its value. Answers can come from your own judgment upon information, which is only truly possible with information in social context, but you should at least leverage the judgment of others. 
  • 1 more annotation(s)...
Jul
9
2009

L'analyse des processus de décision, fussent-ils collectifs, montre comment l'excès d'optimisme, l'influence de la première proposition, le charisme des initiateurs, et l'autorité du décideur final biaisent toutes les décisions d'investissements, et pèsent sur leur rentabilité finale. Mieux vaut plusieurs scénarios d'investissement, analysés lors d'un bon débat de vrais experts. On peut apprendre à bien décider, estime Olivier Sibony, directeur associé senior chez McKinsey.

decisionmaking decision mckinsey

  • Entre ceux qui ont utilisé les outils d'analyse les plus avancés et ceux qui reconnaissent en être très loin, l'écart de performance est important : 2,7 points de retour sur investissement les séparent. Mais ceux qui ont aussi suivi un processus de décision rigoureux et objectif enregistrent une performance bien plus importante : le gain est de 7,3 points de ROI. En d'autres termes, il y a trois fois plus à gagner à utiliser un bon mode de prise de décision !
  • Elles organisent un débat réel avec des participants choisis sur des critères de compétence (spécifique au projet), et non seulement de rang hiérarchique. Enfin, elles encouragent dans ce débat l'expression et la discussion de points de vue divers, y compris contradictoires avec celui du leader.
  • 1 more annotation(s)...
Jun
21
2008

Social software changes this paradigm:

* All conversations and buy-in from individuals can be transparent
* A much broader group can participate in the debate
* Polling can be done regularly and almost instantly
* Conversational persistence allows for asynchronous participation
* Low barrier to participation - some people can argue and write original commentary while others can organize supporting information and others can rate or comment - making participation in the conversation open to more voices and personalities

decision decisionmaking committee socialsoftware power organization

Jun
5
2008

What about Google’s management style is so powerful, yet still transferable to other organizations?

google innovation decision management management2.0 enterprise2.0 internalblogs collaboration

  • What Enterprise 2.0 technologies make possible, Management 2.0 should embrace.
  • Look at areas of your operation where embracing employee input is critical to a successful outcome
  • 2 more annotation(s)...
Jun
3
2008

Networks will not replace or supplement hierarchies; rather the two will be encompassed within a broader conception that embraces both.

We are still a long way from figuring out the appropriate and encompassing organization models for the economy we are now in."

hierarchy wirearchy decision decisionmaking networks socialnetworks trust

  • Networks allow us to create temporary responsibility-driven hierarchy whilst at the same time distributing complementary responsibilities in a decentralized fashion.  Thus, it may be that we are moving into conditions wherein "it's not all top-down, but it's also not all bottom-up".  It's "both / and" depending upon what's needed where, when and by whom.
1 - 20 of 30 Next ›
Showing 20 items per page

Highlighter, Sticky notes, Tagging, Groups and Network: integrated suite dramatically boosting research productivity. Learn more »

Join Diigo
Move to top