From the course: Executive Decision-Making

Unlock this course with a free trial

Join today to access over 25,300 courses taught by industry experts.

Making hard choices

Making hard choices

From the course: Executive Decision-Making

Start my 1-month free trial Buy for my team

Making hard choices

“

- Making executive decisions sometimes requires 2 making tough choices. 3 You might have to lay people off. 4 Sometimes you're going to halt 5 a major project or investment. 6 All of these decisions, you're assuming 7 a great deal of both personal and professional risk. 8 To help you through this, 9 get perspective from advisors 10 who have made similar decisions, 11 maybe somebody in your organization 12 or a trusted mentor who works outside the organization. 13 Also, accept that going into it, 14 you might be wrong. 15 That doesn't make you a bad person. 16 It just means you've simply made the wrong choice. 17 Remember that you're making a hard choice 18 for the long-term good of the organization. 19 I know it's difficult to lay people off, 20 so you may have to lay off 100 people 21 and that's an extremely difficult decision. 22 You're affecting people's lives. 23 But you have to realize, if you don't make this…

Contents