| | | | | | | Faster, better decisions | | | In the previous session, we explored the mindsets and behaviors of growth leaders. In this second email, we'll explore how to cultivate careful—yet bold—decision making. Today’s leaders are faced with hard choices and more pressure than ever. Here are some ways to set yourself up for more successful decisions.
| | | Executives today spend about 40 percent of their time making decisions—and 60 percent say that time is poorly used. The opportunity costs of these inefficiencies are hard to reconcile: for the typical Fortune 500 company, about 530,000 days of managers’ time is potentially squandered each year. That’s equivalent to around $250 million in wages annually.
| | | Much of this time is spent in meetings, says McKinsey senior partner Aaron De Smet. But “most meetings are designed to not make a decision,” he says. So the inefficiency perpetuates itself.
| | | It doesn’t have to be this way. Check out these insights to cultivate your skill as a decision maker under any circumstances.
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