The economics and accountability of due diligence have changed. The managerial ability and responsibility to access the source material upon which critical decisions are made has improved so dramatically that traditional business notions of oversight and trust are obsolete. The executive implications for time management and, more important, people management are enormous. The awkward irony is that this radically increased access gives top management less choice — not more — about how it invests its limited attention.
The New Trust vs. Due Diligence Dilemma
The economics and accountability of due diligence have changed. The managerial ability and responsibility to access the source material upon which critical decisions are made has improved so dramatically that traditional business notions of oversight and trust are obsolete. The executive implications for time management and, more important, people management are enormous. The awkward irony […]
May 26, 2011
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New!
HBR Learning
Decision Making Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Decision Making. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Practical ways to improve your decision-making process.