In today’s organisations, leaders are required to make decisions in an increasingly volatile, uncertain, complex and ambiguous (VUCA) environment. Disruptors are driving change and leaders are under pressure to act quickly to ensure their organisations remain competitive. But how can leaders make not just quick decisions, but the right decisions?
“Half of all decisions made in organizations fail!”
History includes many stories of corporations making the wrong decisions. Yet effective decision-making is a highly sought-after leadership skill, which can be developed.
Our COO Elisa Alabaster spoke to HR Zone about how to improve decision-making ability and the approach developed by Peter J Webb, Organisational Psychologist and Director of Research and Curriculum at The Iclif Leadership And Governance Centre. You can find out more about his WISE decision-making template and the power of considerative information processing by reading the article here:
Putting theory into practice
At Ososim we have been working with international leadership experts Michael Kossler and Peter Webb to design a new business simulation which enables participants to enhance their decision-making skills by navigating complexity and ambiguity in a challenging, yet safe environment. Through a fictional scenario, the simulation forces leaders to confront issues already affecting organisations today including how to embrace the benefits of technology whilst understanding the human impact.
To find out more about the new Complex-city simulation and how it could help your organisation make more effective decisions contact us on +44 (0)1223 421 034 or email firstname.lastname@example.org. Our innovative business simulations use expertise from the worlds of artificial intelligence, corporate learning, gaming technology, neuroscience and organisational behaviour to enable individuals, teams and companies to perform at their best.