MANAGING in the

NEW WORLD

Decision making is oft a time consuming and messy affair. At the root of this problem, lies the categorization on decision to be made. To ease this process, an ABCD of decision making has been designed. A is for Ad hoc decisions. These arise suddenly and their impact on the broader organization depends upon the frequency. Such occurrences are infrequent and unfamiliar. B stands for the Big- bet decisions. These are the ones that alter the corporate strategy from the very top. There is a broad scope and impact in them while also being an unfamiliar happening. The third category is the C which goes with Cross- cutting decisions. Their scope is broad, are frequent in occurrence, while the stakeholders concerned are fairly familiar with such. Lastly with D are the Delegated decisions. While their impact remains narrow, their occurrence is also frequent.

Source:https://www.mckinsey.com/business-functions/organization/our-insights/untangling-your-organizations-decision-making?cid=other-eml-ttn-mkq-mck-oth-1712

Uploaded Date:29 July 2019

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