How do we decide whether we should adopt a new technology? It needn’t be new to the world, but new to our organisation. After all, Peter Drucker noted that selling Eskimos a fridge to keep meat from freezing was a creative new use of current technology.
Of all life’s gifts, time is the most precious. None of us escapes its clutches. As every minute ticks by, our quota is relentlessly reduced by that minute, then the next and the next. Prioritising how we spend our allotted time is one of our most consequential challenges.
It’s remarkable how quickly we can resolve issues when it counts—like finding a coronavirus vaccine. How come it can take so long, then, to resolve issues when the stakes aren’t quite as high? Let’s take a look at some of the causes and explore opportunities to do better.
Dodgy data dulls your senses and leads to poor decision-making. Why? The purpose of your information system is to help you do two things: make sense of what is happening in your environment and support effective decision-making.