An executive woman in Amsterdam http://executivewoman.blogspirit.com/strategy/ Fri, 13 Jul 2007 01:50:28 +0200 blogSpirit.com All Rights Reserved http://executivewoman.blogspirit.com/archive/2005/04/03/effective_decisions.html http://executivewoman.blogspirit.com/archive/2005/04/03/effective_decisions.html noreply@blogspirit.com () Strategy Sun, 03 Apr 2005 01:15:00 +0200 Incredible,<img src="http://executivewoman.blogspirit.com/images/medium_harvard_decision_meeting.2.jpg" alt="" style="border-width: 0; float: left; margin: 0.7em 1.4em 0.7em 0;" /><br /><br />According to Peter F. Drucker*, the point is not to solve problems quickly but to take the right decision (not bad !) and overall to concentrate on what is important.<br />Here are the sequential steps that will help you make effective decisions:<br />1. Classifying the problem (Generic? Unique? First manifestation of a generic problem)?<br />2. Defining the problem<br />3. Specifying the possible answers (boundary conditions)<br />4. Choosing the answer that fully meets the boundary conditions (before making compromises)<br />5. Implementing the decision (action)<br />6. Measuring the validity and effectiveness<br />7 (personal tip): If wrong, doing it again ;o)<br /><br />* in <a href="http://www.amazon.com/exec/obidos/tg/detail/-/1578515572/104-7844573-7118325?v=glance" target="_blank">Harvard Business Review on Decision Making</a> http://executivewoman.blogspirit.com/archive/2005/01/26/it_s_just_a_matter_of_logic.html http://executivewoman.blogspirit.com/archive/2005/01/26/it_s_just_a_matter_of_logic.html noreply@blogspirit.com () Strategy Wed, 26 Jan 2005 03:15:07 +0100 Incredible,<br /><br /><img src="http://executivewoman.blogspirit.com/images/medium_jarillojc_3.2.jpg" alt="" style="border-width: 0; float: left; margin: 0.7em 1.4em 0.7em 0;" /> I discover in Jarillo's book "Strategic Logic" that strategy is never more an art nor a bet: it's just a matter of logic!<br />Through explanations based on microeconomics items, he highlights how the success or the failure of main Internet companies like eBay or Amazon were predictable.<br />A useful tool for building a winning strategy :o)