ACCELERATOR #7

Making Effective Decisions

Despite popular belief, successful organizations, corporations, and businesses of all types have never been fully autocratic. Even back in the days of kingdoms and empires, rulers rarely made decisions without heeding the counsel of advisers and courtiers.

Sometimes, you make solo decisions and execute on the spot, so as not to miss a perfect opportunity for the company to profit. You may have to ask for forgiveness later, especially if the decision isn’t a good one; however, personal initiative has surely saved more businesses than it has ruined over the years. Sometimes you just don’t have time for permission to make an “executive” decision.

Team decision-making is predicated not only on what you think ...

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