Good decisions take time and more

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I have just started Problem, Risk, and Opportunity Enterprise Management by Brian Hagen. (Thanks to Jay Taylor for sharing the good news about the book.)

I have already highlighted some nuggets of wisdom:

  • As Peter Drucker made clear in the 1950’s, “Whatever a manager does, he does through making decisions.” Decision making is the headwaters from which all value creation and protection flow.
  • For the highly complex and impactful decisions faced by corporations, there are good, proven decision analytical methods available: decision analysis, Monte Carlo methods, game theory, and…

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