article thumbnail

Great Leaders Make Decisions | N2Growth Blog

N2Growth Blog

It was Andy Grove the former Chairman and CEO of Intel and Time Magazine’s 1997 Man of the Year who said “You have to take action; you can’t hesitate or hedge your bets. Whenever some crisis loomed on the Voyager, she was known barking out: “Options?” ” to the crew.

Blog 387
article thumbnail

Why Consensus Kills Team Building | N2Growth Blog

N2Growth Blog

Decisioning by consensus usually results in no decision being made, or an intellectually dishonest, watered-down decision that is so full of compromises, hedges and caveats that a non-decision might have been preferable.

Consensus 388
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Don’t Trust Your Company’s Reputation to the Quants

Harvard Business Review

But they also know that reputations can damaged by more than the operational risks that can be managed with functional redundancies, or the financial risks that can be countered by hedging, investing in futures markets, and global currency diversification. It should be no surprise that most “best practice” crisis-recovery examples (e.g.,

article thumbnail

Could WikiLeaks Expose Your Corporate Brain?

Harvard Business Review

This is more than a nightmare for the affected firm's public relations department. Earlier this year, Goldman Sachs dumped terabytes of information on government investigators looking into the causes of the financial crisis. government has been opened for all to explore. It is a risk to business operations and profitability.

Gordon 14
article thumbnail

Monitor, Libya, and the Perils of a Blurred-Line World

Harvard Business Review

Yet look through the 22-page " Proposal for Expanding the Dialogue around the Ideas of Muammar Qadhafi " that Monitor prepared in 2007, and it sure sounds like public relations: As is the case of many individuals who are prominent actors in the world, Qadhafi is well known but is poorly understood, particularly in the West.

PR 9