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Dithering. Decisions that turn out wrong. Decisions that people
sabotage or don't know how to implement. If your company's
experiencing these problems, it's not alone. Most organizations
don't know how to make and execute good decisions. And they're
paying a high price--as profitability and competitiveness erode. It
doesn't have to be this way. In Decide and Deliver, the authors
draw on Bain & Company's extensive research to present a
five-step process for improving your firm's decision effectiveness:
1. Assess your decision effectiveness--and how your organization
affects it. 2. Identify your critical decisions. 3. Set individual
critical decisions up for success. 4. Ensure that your company
enables and reinforces great decision making and execution. 5.
Embed the changes in everyday practice. Master this process, and
you see immediate results: people across your organization
collaborate to make crucial decisions better and faster than your
rivals. And they execute them flawlessly-fueling unprecedented
financial performance. Filled with powerful hands-on tools and
detailed examples from companies as varied as Ford Motor Company,
British American Tobacco, Telstra, Lafarge, and ABB UK, Decide and
Deliver helps you make decision management a potent competitive
weapon in your company.
Business leaders know that the key to competitive success is smart
management of scarce resources. That's why companies allocate their
financial capital so carefully. But capital today is cheap and
abundant, no longer a source of advantage. The truly scarce
resources now are the time, the talent, and the energy of the
people in your organization--resources that are too often
squandered. There's plenty of advice about how to manage them, but
most of it focuses on individual actions. What's really needed are
organizational solutions that can unleash a company's full
productive power and enable it to outpace competitors. Building off
of the popular Harvard Business Review article, "Your Scarcest
Resource," Michael Mankins and Eric Garton, Bain & Company
experts in organizational design and effectiveness, present new
research into how you can liberate people's time, talent, and
energy and unleash your organization's productive power. They
identify the specific causes of organizational drag--the collection
of institutional factors that slow things down, decrease output,
and drain people's energy--and then offer a simple framework for
how managers can overcome it. With practical advice for using the
framework and in-depth examples showing how the best companies
manage their people's time, talent, and energy with as much
discipline as they do their financial capital, this book shows
managers how to create a virtuous circle of high performance.
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