Agile decision-making

For many of us, making decisions is an important part of our job.

Sometimes you can make the decisions in isolation, but on other occasions it seems important to consider the views and opinions of other valued colleagues. Often the nature of the circumstances are so complex that it can be difficult to gather all the relevant information ready to make the right decision. And waiting for these people or this information can delay the point when you are in a position to make the actual decision.

But, after all, it is important to make the right decision…

…or is it?

Not according to Percy Barnevik’s “7-3 formula”! The man who ran Swiss engineering giant ABB for a decade insists that you can still be successful if you make nearly half as many wrong decisions as you make right decisions!

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