To improve the speed and quality of your decisions, categorise the type of decision being made and tailor your approach accordingly.
In Peter Drucker’s 1967 Harvard Business Review article ‘The Effective Decision’, the essential first step he proposed was “classifying the problem”. Yet 50 years on, few organisations systematically categorise decisions so they can be made by the right people, in the right way, at the right time. Writing for McKinsey Quarterly, Aaron De Smet, Gerald Lackey and Leigh M Weiss present a framework to help you do just that.
WHY IS DECISION-MAKING SO DIFFICULT?