Decision-Making Best Practice 12 – Diverse, Redundant Data Sources

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StrategyDriven Decision Making ArticleData serves as the foundation of every decision. Combinations of data bits are logically joined to form the packets of information upon which decisions are made and actions taken. Without quality data, the probability of making the right decision is greatly diminished. Increasing data accuracy is subsequently paramount to improving decision quality.

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The Hidden History of the Financial Crisis

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From Wall Street to Pennsylvania Avenue, everyone involved in the Financial Crisis of 2008 seems to blame everyone else but themselves for the devastation that has impaired the American economy and that of the world. In this PBS Newshour video, Business and Economics Correspondent Paul Solman meets with Bethany McLean (famous for breaking the Enron story) and Joe Nocera, co-authors of All the Devils Are Here: The Hidden History of the Financial Crisis, to discuss the events leading up to the financial crisis and each participants contribution to making it happen.

Click here to access a full transcript and mp3 audio file of this video.

Leadership Inspirations – Find Solutions

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“Don’t find fault, find a remedy.”

Henry Ford (1863 – 1947)
Founder of the Ford Motor Company
American industrialist who sponsored development of the assembly line technique of mass production

Executive Vision – Being a Leader – A Job that’s Never Done: Energy

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Executive Vision is a five part series created by CNBC and sponsored by Credit Suisse. Within each episode, Melissa Francis, Simon Hobbs, and a group of distinguished guests discuss what it takes to be a visionary leader; guiding their companies to success within the rapidly changing global marketplace.

Distinguished Guests

  • General Wesley Clark, Co-Chairman Growth Energy
  • James Hackett, Chairman, President & CEO, Anadarko Petroleum
  • Suedeen G. Kelly, Commissioner, The Federal Energy Regulatory Commission
  • T. Boone Pickens, Chairman, BP Capital, and Architect, “The Pickens Plan”
  • Jigar Shah, Founder, SunEdison and CEO, The Carbon War Room
  • Sheikh Ahmed Zaki Yamani, Founder, The Center for Global Energy Studies and Saudi Oil Minister and Former Head, OPEC

Are You A Strategy Driven Storyteller?

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Marketing professionals refer to strategy as your unique selling proposition while sales folk use the term ‘positioning.’ However you view it, the implementation and outcome need to be taken very seriously. Whether you are a sales professional, entrepreneur or candidate for a new job, the same techniques come into play.

I have learned that there is no true competition in business because we each have our unique ways of delivering service. How are those in your field servicing their clientele and what are they saying to attract attention? Is what they are saying truthful? How can you differentiate yourself yet move with integrity to make you the preferred choice?

To be on top of your game, you need to know what is most important to your prospects and clients. In fact you need to be familiar with their challenges, needs and deep down desires or wish list.

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About the Author

Elinor Stutz, CEO of Smooth Sale, LLC believes building relationships before the sale and continuing long after is the only way to sell and build a dynamic business. Elinor’s book, Nice Girls DO Get The Sale, is an International Best Seller. Her new book, Hired!: How to Use Sales Techniques to Sell Yourself On Interviews (Career Press), is based upon her own experience and years of community service. To read Elinor’s complete biography, click here.