making good business decisions...
TRANSCRIPT
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Presented by
Making good business decisions quickly
May 7, 2019Webinar starts at noon CT
Marjorie EngleSenior Vice PresidentOrganizational Development & Family Business
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Administration
If you need CPE or HR credit, please participate in all polling questions throughout the presentation.
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Administration
A recording of today’s webinar will be emailed for your reference or to share with others.
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Administration
For best quality, call in by phone instead of using your computer speakers.
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Administration
To ask questions during the presentation, use the questions box on the right side of your screen.
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Please provide your feedback at the end of today’s presentation.
Administration
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Administration
MARJORIE ENGLESENIOR VICE PRESIDENTORGANIZATIONAL DEVELOPMENT & FAMILY BUSINESS
Marjorie provides custom, personalized solutions in executive coaching, transition and succession planning, organizational analysis and corporate strategy development. She has extensive experience with family owned, closely held, not-for-profit, governmental and publicly traded organizations throughout the United States
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• What personal habits, good and bad, influence your decision making effectiveness?
• Should business leaders make decisions fast or slow?• What are the keys to effective group decisions?• What are simple steps to making good and timely decisions?• What to do when you’ve made a bad decision?
Let’s talk about…
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REGRETTABLE DECISIONS
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Vulnerable to Bad Decisions
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Fast versus Slow
• Long term strategy• Decision cannot be undone• Significant implementation effort• Decisions requiring multiple teams
• Day to day issues• Window of opportunity • Possible bottle neck• Confidence in leadership
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POLLING QUESTION #1Please answer for continuing education credit
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Not Anticipating UnexpectedLocked in the PastIsolatedLack of ExpertiseIndecisive
Harvard Business Review: Excerpts from, The 9 Habits That Lead to Terrible Decisions by Jack Zenger and Joseph Folkman
Personal Habits
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Intro
Fast & Roughly Right
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POLLING QUESTION #2Please answer for continuing education credit
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Know
Think
Do
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Know
Know
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Think
Think
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1. Situation Analysis2. Anti-you3. Cost Benefit Analysis4. Right Thing5. Decide
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Do
Do
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POLLING QUESTION #3Please answer for continuing education credit
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Know – Think - Do
Scalable
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Deciding Faster
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Deciding Faster – Limit Options
Decide Faster - Limit Options
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Deciding FasterDecide Faster - Draw a line
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Deciding Faster
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POLLING QUESTION #4Please answer for continuing education credit
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GroupDecisions
1. Authority2. Majority3. Consensus
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Implementation
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Dealing With a Bad Decision
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Conclusion
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POLLING QUESTION #5Please answer for continuing education credit
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k
KNOW
THINK
DO
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Be Decisive
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Thank you for attending
Marjorie EngleSenior V.P., Organizational Development
316.267.7231
linkedin.com/in/marjorieengle
@Marjorie_AGH
Check out our other webinars!AGHUniversity.com
Questions NOT related to today’s [email protected]