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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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Ready or Not, the Shift Is Here: Trends Driving ERP Decision-making

Spiceworks

The post Ready or Not, the Shift Is Here: Trends Driving ERP Decision-making appeared first on Spiceworks. Embracing the shift in ERP change management to offer businesses a broader range of innovative tech and efficiency in the digital era.

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How To Integrate AI With HR for Better Decision-Making

Spiceworks

The post How To Integrate AI With HR for Better Decision-Making appeared first on Spiceworks. Discover how organizations can integrate AI with HR to optimize processes and empower their workforce.

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The Rise of Occupancy Metrics in Corporate Decision-Making

Office Space

In this blog, we’ll discuss how occupancy metrics are changing how business owners and CEOs make decisions, why data-driven information is king, how occupancy metrics can be used in decision-making, and what the future holds for space planning in the corporate setting. This will not happen overnight.

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BCBS 239 2.0 resurgence: Strengthening risk management and decision making

McKensey

A renewed focus on the 2013 data risk management regulatory standard poses new challenges and opportunities for European and US banks. Achieving compliance will take a structured, top-led approach.

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How leaders can unblock the bottlenecks disrupting decision-making 

Work Life

A 2018 McKinsey survey of 1,200 global business leaders indicated that “inefficient decision-making costs a typical Fortune 500 company 530,000 days of managers’ time each year, equivalent to about $250 million in annual wages.” Compelling decisions To avoid bottlenecks in decision-making, you need compelling decisions.

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Try these easy ways to improve your mental clarity in decision-making (especially when you’re overwhelmed)

Work Life

Decision-making is always hard, many of our day-to-day decisions at work come with such costly ramifications if they are incorrect.  Money, layoffs, and client relationships all ride on the ability to make good choices quickly.  Find facts Emotional decision-making will kill your work efficiency.