Director Decision Making: A Sensible Approach
FOR NACD MEMBERS
Electronic Download Only
In this book we offer a possible checklist for triage in any board decision—starting with asking what the real problem is, how important it is, and then at that point moving step by step as needed.
For the long-term sustainability of any company, it is really the decision-making process that matters most. The way an organization obtains results in any particular period of time can impact its ability to meet goals in future periods. While good process may not always produce good outcomes, it makes them more likely. Consequently, this guide is about process—more specifically, having a checklist of basic decision-making steps. If born of experience, a simple process can help people navigate complex situations.