My reaction to: High-Velocity Decision-Making for Senior Leaders and Executives, by Ethan Evans
I recently saw a course on LinkedIn by Ethan Evans titled High-Velocity Decision-Making for Senior Leaders and Executives . I found it very educational, so I want to share my notes and opinions. I do not intend to make an exact summary, and I recommend watching the course if you have access to the platform and understand English, especially because I found the administrative anecdotes about Twitch very interesting. Photo by Hunters Race Why must Executives decide quickly? An Executive cannot wait too long to decide, they would expose themselves to competitors gaining an advantage. An Executive must prioritize speed over certainty, and take intelligent risks. If the decision is not reversible, or the cost of a bad decision is too high, it is better to wait until you have 90% of the information needed to make decisions. If the decision is reversible, or the cost of a bad decision is low, an Executive should decide when they have 70% of the information....