DATA

The best decisions are analysis-based

Most management models lead unnecessary and enormous cost increases with a large chance of hugely disastrous decisions, because top managers are hardly ever corrected, according to Gary Hamel. We need decisions based on responsibility and not on company position. CEOs and boards of management show ‘Sun-King’ behavior with too much distance from the shop-floor, leading to wrong strategic decisions.

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Contextual intelligence

The statement above was made by Tarun Khanna in Harvard Business Review in both September and November 2014. Context is the background in which a future event takes place, it is often real or perceived and includes factors such as geography, genders, industries, job roles, attitudes, beliefs, values, politics, cultures, symbols, organizational climate, the past, personal ethics and the preferred future.

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