DECISION MAKING IN MOST ORGANIZATIONS TODAY IS SO OUTDATED
Why, you ask? Because it’s mainly driven top-down through “Experts” or “Hippos”. This centralized, efficiency driven, and hierarchical manner to which decisions are made, creates a culture of non-participation within our companies and communities and leads to dissatisfaction.
Highly limits participation and oversimplifies expression into sound bites
Susceptible to groupthink, bias, and coercion
Bottle-neck to progress. Slow to react to new data, and circumstances. Demands for shorter latency
Decisions taken by closed committee statistically demonstrated to be less accurate than decisions derived through the wisdom of the crowd
70% of employees disengaged at work
$500 Bn = annual cost of lost productivity
>50% trust across all 4 major social institutions in society
The Problem is Systemic
Rapid rate of technological change outpacing linear organizational decision making – deficit the result of not taking advantages of opportunities or keeping pace with stakeholder demands.
But a solution EXISTS to help organizations Evolve