Decision Making

Strategic management: Too much data poses risk

April 29, 2013
With so much information at our fingertips, it’s tempting to rely on data to make important decisions. But don’t overlook other variables. Consider the case of a big U.S. bank CEO.

Stumped? Consult ‘the crowd’

April 11, 2013

Do you rely on your “golden gut” when making decisions? Or do you believe that other people in your organization have expertise or opinions that can help make your decisions better? Greg Burrill, owner and founder of home-builders WGB Homes, is in the second camp.

Cultural gaps can spell merger disaster

March 20, 2013
To bring cultures together, identify differences in attitudes and work habits. Then address the differences so that everyone gains a better understanding of their colleagues’ perspectives. Skip this step and conflicts can erupt. This occurred after Daimler-Benz acquired Chrysler in 1998.

Mohawk CEO keeps the answers simple

March 14, 2013

Gain a competitive advantage by keeping things simple. That’s the lesson of Mohawk Industries CEO Jeff Lorberbaum, who starts with plain speaking, without buzzwords or complicated jargon.

Ask 6 questions to identify the problem

January 25, 2013

Begin every conversation geared toward problem-solving by identifying the problem and how it might be solved. Six questions should guide your actions.

Chief Justice staked out new ground

November 5, 2012
William Marbury had been confirmed as a Washington, D.C., justice of the peace in the waning days of the Adams administration, but the incoming Jefferson administration refused to seat him. The U.S. Supreme Court had to decide what to do. Chief Justice John Marshall found a way.

Overcoming 5 barriers to decisiveness

August 23, 2012
Is your decision-making as effective as you’d like? Here are five barriers to decision-making and possible solutions from Kevin Eikenberry, Chief Potential Officer of The Kevin Eikenberry Group, a leadership and learning consulting firm.

Place your biggest, best bet

August 2, 2012
“Success really only comes when you nail one thing. … It requires honesty and clarity to focus, but that’s usually how businesses succeed,” says Aaron Levie, chief executive of file-sharing application Box.

Know your ­weaknesses

July 6, 2012

It’s the rare CEO who demotes himself. Yet, that’s exactly what Twitter chief Evan Williams did two years ago, stepping down to focus on strategy while handing over the top job to Dick Costolo, an executive with greater business acumen.

What’s your best creative time?

June 15, 2012

In need of an “aha!” moment? If you’re a night owl, you’ll likely experience it in the morning. If you’re an early bird, inspiration might strike at day’s end. That’s because innovation and creativity are at their peak when we’re not at our best, with respect to our circadian rhythms.