Question
Hi Can you please help with the below Question 7. Better a good decision quickly than the best decision too late. Harold S Geneen: CEO
Hi Can you please help with the below
Question 7.
"Better a good decision quickly than the best decision too late."Harold S Geneen: CEO of ITT
"Most people spend more time and energy going around problems than trying to solve them."Henry Ford: Founder Ford Motor Co
While numerous theories have been developed to solve problems and make decisions, the following strategy is generally considered one of the most effective within a business context:
- Step 1: Explore the problem
- Step 2: Search for a solution
- Step 3: Evaluate and act
Using the key points above, develop an expanded seven (7) step decision making and problem solving process which you could implement and effectively communicate to your team.
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