![]() ![]() This means there’s no mystery about who should be doing what. When properly defined and adopted, decision-making frameworks ensure everyone knows exactly what their role is in the decision-making process.ĭefined processes for making decisions as a team ensure the questions about roles and responsibilities are addressed during the process definition phase and the kick-off of any particular project. They help teams reach consensus faster by removing potential points of friction related to ambiguity around ownership. Scalable decision-making frameworks help teams maintain momentum. With so much riding on the choices companies make and so many individuals tasked with making those decisions, a predefined method for reaching consensus can greatly improve an organization’s efficiency and interpersonal dynamics while also ensuring the ideal outcome. ![]() “Its assets, capabilities, and structure are useless unless executives and managers throughout the organization make the essential decisions and get those decisions right more often than not.” “Ultimately, a company’s value is no more (and no less) than the sum of the decisions it makes and executes,” explain Michael Mankins and Paul Rogers of Bain & Company. The benefits of a defined, scalable, decision-making process If used effectively, this can help ensure decisions are made as quickly as possible without cutting corners or missing the input of stakeholders. Given that a product manager has more to do than simply facilitate deliberations and prod people toward an outcome, many organizations turn to scalable decision-making frameworks. And product management-as the hub where many parts of the company intersect-makes many big decisions. But when your organization has to scale decision-making, the formula is far more complicated and the process can take much longer.īut, organizations must make decisions all the time. When a lone individual is responsible for making a decision, they may stall, worrying about the consequences of making the wrong decision. Nothing slows down progress like indecision.
0 Comments
Leave a Reply. |