decisions Archives - Accendo Reliability

Why Managing Dissenting Views is Critical for Good Group Decision Making

Majority voting and consensus decision making are two distinct approaches to making decisions in group environments, each with its own characteristics and implications. Consensus decision-making is an alternative to debate and passage of proposals that can be approved through a majority vote. It does not emphasize the goal of the full agreement but instead focuses on acceptance or “living with it.” Choosing the right method for the context, and more importantly, managing the dissenting view, is important in making good group decisions.

[Read more…]

by Greg Hutchins Leave a Comment

How to Make Smarter Decisions

Guest Post by Greg Hutchins (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Did we get it all wrong? Wow! This could break our business model. Let me explain:

We developed Certified Enterprise Risk Manager® and all of our risk IP based on a simple fact. We live in VUCA time (volatility, uncertainty, complexity, ambiguity). We based our business business model on providing:

Risk-based, problem-solving.
Risk-based, decision-making.™

So, what’s the problem? [Read more…]

by Greg Hutchins Leave a Comment

Making Decisions That Work For You!

Guest Post by Ed Perkins (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

There is a lot of literature written on decision making, ‘how to’, best practices, process, factors and so to follow to make ‘good’ decisions. We have been exploring ‘risk based’ decision making in these blogs. We have looked at factors, process, frameworks, psychology and bias.

But we have not discussed perhaps the most important aspect of any decision – implementation or that double edged word ‘execution.’ (Of course this assumes that the decision maker wants something to actually happen as a result of the decision, but that is a topic for another day).

Let’s use the nicer word – Implementation – which implies there is a course of ACTION, with a timeframe for results to be produced or to occur. [Read more…]