Do choices add value?

Every day we as leaders or managers have a multitude of decisions to make. Some we mull over, some need more information, some require consultation with others, and some we make on the spot. How do we make those decisions? What drives us to think about it or to take the dive and go for it?

I have a mostly logical way of deciding how to tackle each specific decision process. Although, sometimes I trust my gut feeling.

For this post I want to look at decisions that have multiple options, not simply yes / no decisions. For example, how do you evaluate which market segments you will strategically target in the next 3 years. The options could be Continue reading