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Business decision-making: 4 common mistakes and how to overcome them

Insperity

Examples include: Widescale layoffs Major hiring decisions in recovery mode Change in processes, strategic direction or even business model Realignment of job responsibilities Handling a major industry shift or disruption Introduction of a new competitor Dealing with natural disasters or pandemics. Decisions must be made deliberately.

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Your ultimate decision-making guide to help you make better choices faster

Work Life

We make hundreds of tiny and monumental decisions in our lives—from what coffee drink we want from the seemingly endless menu to what careers we should pursue. Too much information, too many choices, and a deep fear of making the wrong decision can cause you to ruminate for hours. Decision-making is one of them.

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Risk types & team decision making…

Business Psych Blog

The different dispositions of these individuals will potentially have a far-reaching impact on other aspects of their lives as well as on any decisions they are making at work. Just like the two friends above, our decision-making propensities come naturally, just a part of our make-up – we take it for granted.

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AI-Led Meetings: From Taking Notes To Driving Decision-Making

Fellow

You can consult these resources yourself instead of waking up your teammate on another continent to ask questions. When you use automated meeting agendas that keep people on track, you streamline all your decision-making. Today’s digital age has made communication easier than ever, so why not take advantage of that?

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How to be a Good Internal Consultant

Workplace Psychology

Indeed, now more than ever, today’s HR professionals play the role of internal consultants (Miller, 2016). The Association of Internal Management Consultants (AIMC) says that an internal consultant provides various client support services within the enterprise. They may be in a variety of areas (e.g.,

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Unlocking Success and Leadership Lessons With HR Expert, Kate Walker

Success

For individuals navigating management, where decision-making complexities abound, mastering nonlinear problem-solving and leadership lessons is essential. Visioning via pros and cons analysis Envisioning yourself pursuing new endeavors and tuning into how resonant they feel supports better decision-making.

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Firms are betting big on the impact of AI on their business

Workplace Insight

A new report published by consulting firm Searce claims that organisations across the UK and US are making significant investments in artificial intelligence this year with nearly one in 10 decision-makers in both the UK (8 percent) and US (7 percent) planning to spend over $25 million.