From the course: Executive Decision-Making

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Taking a broad perspective

Taking a broad perspective

From the course: Executive Decision-Making

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Taking a broad perspective

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- Now that I've covered the principles 2 behind executive decision-making 3 and offered several examples, 4 let's take a step back from this topic 5 and look at it from a broader perspective. 6 Some things that you should remember 7 as you enter one of these decision-making processes are, 8 first, executive decision-making is exponentially 9 more complex given the scope of the decisions you're making, 10 the duration of those decisions, 11 as well as the risks involved in making them. 12 Second, understanding all of these factors 13 as it relates to the decision 14 helps you make better overall decisions 15 that are well thought out. 16 Remember, you won't always make the right call. 17 You have to accept that. 18 You'll rarely be liked 19 for some of the decisions that you make. 20 We're talking about layoffs or shutting things down, 21 or shifting major investments. 22 You're going to be making these decisions 23 at…

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