Changed forever - Decision Making

What decision-making trends are you following? What works for you?

This week's TIP of the WEEK comes from Marc Emmer is President of Optimize Inc., and a frequent contributor to the Vistage Research Center, Forbes, and Inc.com. In his article How decision making has changed forever, he goes over the evolving methodology of distributed work. Be that working from home part-time, quarter time, coming into a hot-spot desk periodically or working with a team on challenging tasks. Depending on which distributed work environment you select, know that it requires strategy by senior management.  

He gives some pointers for managers to reflect upon. 

Determining what is best for your business required thought and planning. Marc suggests creating pods and cross-functional teams to deal with unique customer segments.  

Seamless integration, making sure your managers have the information they need. Cloud storage vs. ERP is changing the way data is handled and stored.

Share more information, and inspiring confidence in your teams by the use of being transparent in your dealings. Involve your team in the decision-making process. The opening of the economy will see a fresh crop of talent and career pathing ripe for future leaders. 

It's a good read. 

 #distributedwork #crossfunctionalteamleadership #technologyculture #strategy

Ethan Skaggs, LDA Engineering, Nashville, TN, learned key performance metrics and management accounting contribution margin that will improve profitability for his company. Dale Richards' has guided over 150 companies to enhance revenue, profits, and value 2-3X.

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ABOUT DALE S. RICHARDS:

Dale S. Richards specializes in management, marketing, operation optimization & business valuation consulting and is a 30+ year turnaround expert. He has implemented success concepts into results in 150+ companies. Dale is a Certified Valuation Analyst (CVA) with NACVA, Eight-Year Vistage Chair & International Speaker. Visit www.successbiznow.com to learn more about Dale.