This Learning Module explores the techniques and behaviours that you can employ to improve decision-making in your organisation. We will also explore how most individuals do not examine every possible alternative or review all the available data when deciding how to act when confronted with a problem or issue.
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"Why on earth did you decide to do that?"
"What was she thinking when that decision was made?"
"How could they have possibly got that so wrong?"
We've all asked questions like this when we've observed a poor decision being made - whether it be in business, politics, or sport. Generally people on the outside attribute poor decisions and flawed choices to inexperience, incompetence, a lack of intelligence, or less than honourable intentions. The reality is, though, bad decisions do not generally arise because of these factors.
In this Learning Module, we will examine why people and organisations make poor choices and faulty decisions by digging deep into cognitive psychology, group dynamics, organisational culture and systems to help us understand why and how capable, good, reasonable people stumble in the decision-making process.
Leaders must discard the notion that they have all the answers and must focus on shaping and directing an effective decision-making process, marshalling the collective intellect of those around them. In this Learning Module, learn how improve your - and your team's - decisions.
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About Ric Willmot
Ric Willmot, known as "The Strategist" assists organisations to improve performance, productivity and profit. He is one of those rare people who can call himself a global consultant and trusted adviser to some of the world's leading businesses, governments and institutions, and REALLY mean it!
Ric and his company, Executive Wisdom Consulting Group, help leaders make distinctive, lasting and substantial improvements to the performance of their organisations; partnering with clients to tackle their most difficult issues and serious challenges. Just a few of his active and current clients include; Australian Legal Practice Management Association, CPA Australia and Commonwealth Bank.
Ric Willmot's intent is not just to improve your business, but to build firms which create wisdom and wealth. Ric's background is accounting, financial planning, and organisational psychology. Ric's Private Clients Mentoring Program was created in 2005 and has already had over 200 executives from 12 countries graduate through the 6-month program. Late 2010, Ric's Forums was launched. An international online business forum where people from around the world can come together 24-hours-a-day, 7-days-a-week to discuss strategy, leadership, marketing, technology, best practices, ethics and anything else which presents itself. Within one month, over 100 professionals from 13 countries had bought lifetime membership.
Ric is interviewed and quoted frequently in the media; he writes regular business columns for 4 Australian magazines, 3 Asian magazines and is the feature writer for Svoy Business: Russia's leading corporate magazine with a readership in excess of 55,000.
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