To Make Better Decisions, Think Like a Venture Capitalist

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HANNAH BATES: Welcome to HBR On Strategy—case studies and conversations with the world’s top business and management experts, hand-selected to help you unlock new ways of doing business.

Is your company slow to make decisions? Afraid of failure, maybe to a fault? A risk-averse mindset can thwart a company’s growth and competitiveness. Stanford Graduate Business School professor Ilya Strebulaev says the antidote is for senior leaders to start thinking like venture capitalists.

He talked to Curt Nickisch on HBR IdeaCast in 2024 about what the “venture capitalist…

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