Friday, June 16, 2017

The Monthly “Decision Master” Book Tuning: Decision Intelligence June 2017

Intelligence is a cognitive process involving rational and abstract thinking. Ot is the goal- directed and purposeful, and it is a fundamental building block in making effective decisions.

Decision Masters refer to the digital leaders or professionals who can leverage multidimensional thought processes, information and intuition, take a step-wise scenario for making effective decisions consistently. Decision Masters also refer to the businesses or organizations that follow a set of well-defined principles, leverage fine-tuned decision processes, efficient information management system, decision frameworks, tools, and metrics to enable people across the organization making effective decisions collaboratively. Here is a set of blogs to brainstorm decision intelligence in the "VUCA" digital era.


    Decision Intelligence

The New Book “Decision Master” Introduction Chapter 1 Decision Intelligence? Intelligence is the word we use to describe mental ability. Intelligence is the capacity to understand and apply wisdom to the knowledge we are exposed to. Out intelligence with regard to any given type of information is a function of our capacity to recognize and interpret patterns, and our consequent ability to use the perceived information for making sound judgments or effective decisions. High mental ability is important to make effective decisions. And decision intelligence can be developed via practicing.

Collective Insight in Decision Making? Due to complex and change nature of the digital business ecosystem, more often than not, decision-making needs to take collaborative efforts and collective wisdom, brainstorm possible options and make alternative solutions. Decision-making today needs to take a systematic approach, but via nonlinear, collective thinking, the mix of analytics and intuition, and group contribution.

Making Sound Decisions via Multidimensional Intelligence? Intelligence is a fundamental building block in making effective decisions. Intelligence is multidimensional and has been defined in several ways. First intelligence is a cognitive process involving rational and abstract thinking. Second, it is the goal- directed and purposeful, which means that all intelligent activities are planned to reach a self-determined goal. Finally, it involves social competence to help individuals adjust to their environmental surroundings. Decision-making is one of the most critical activities in people's daily life. How to make sound decisions via multidimensional intelligence?

Five Principles to Reach Decision Maturity? One significant effect of digitization is increased velocity, complexity, ambiguity, unpredictability, and a need for a faster response to changes in business and industry based on effective and efficient decision making. How is that possible? Decision making is both art and science, especially for business leaders, making either strategic or tactical decision effectively is one of the most critical responsibilities facing them every day. How to set principles and guidelines in reaching the high level of decision maturity in your organization

Tuning Digital Mindset: A Decisive Mind: At today’s digital new normal –uncertainty, complexity, velocity and ambiguity, the capability to make an effective decision becomes more crucial leadership competency. An effective decision can be defined as an action you take that is logically consistent with the alternative you perceive, the information you get and the preference you have.  Digital Pros, how should you shape such a "Decisive Mindset"?

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