How to Improve Decision-Making Velocity Without Losing Quality
Your team has the data, the talent, and the meeting invites. So why is the decision still sitting there? We hear this from leaders all the time. The work is not hard. The waiting is. Slow decisions quietly drain energy and opportunity. The good news is you can improve decision-making velocity with a few simple habits. Why It Is Worth Your Time to Improve Decision-Making Velocity Speed is essential to improve decision-making velocity , and most organizations struggle with it. In a McKinsey Global Survey, only 20 percent of respondents said their organizations excel at decision-making. Speed turned out to be a bigger challenge than quality. McKinsey’s research also links faster decision processes to higher returns. It cautions, though, that rushing big decisions without alignment among leaders does not work. So the aim is fast AND aligned. Signs Decisions Are Stuck You are stuck if you observe: The same topic returns to the agenda week after week. Everything, big or small, gets escalate...