tag:blogger.com,1999:blog-235433516644980443.post4405380566933164604..comments2024-03-27T05:08:10.195-04:00Comments on Jeff For Banks: Banking School: Effective Decision MakingJeff Marsicohttp://www.blogger.com/profile/12153599647481141591noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-235433516644980443.post-30668913073240079032010-09-15T14:23:19.030-04:002010-09-15T14:23:19.030-04:00Mark,
Banks have always spent more time on execut...Mark,<br /><br />Banks have always spent more time on execution than strategy. But it begs the question, execute on what? I agree that when banks determine their hoped-for future, their time allotment should be weighted heavily on execution. But they have to first envision that future.<br /><br />JeffJeff Marsicohttps://www.blogger.com/profile/12153599647481141591noreply@blogger.comtag:blogger.com,1999:blog-235433516644980443.post-58176230773898184212010-09-15T11:06:36.234-04:002010-09-15T11:06:36.234-04:00Jeff,
Great post. I wonder what you think of th...Jeff, <br /><br />Great post. I wonder what you think of the time balance spent on each step. Too often people spent unequal time in the "death by committee" phases (1-4) and not enough time in the crucial phase 7. <br /><br />One of the biggest career revelations I ever experienced was when I discovered the great power of executing and monitoring progress after setting the vision and course. <br /><br />Opinions vary about Jack Welch but I must say he offered one of the best quotes ever about this topic:<br /><br />"In real life, strategy is actually very straightforward... You pick a general direction and implement like hell."Mark Zmarzlyhttps://www.blogger.com/profile/11286270222052749772noreply@blogger.comtag:blogger.com,1999:blog-235433516644980443.post-20642475460571118772010-09-14T09:50:31.206-04:002010-09-14T09:50:31.206-04:00Tom,
One of my career objectives is to avoid bein...Tom,<br /><br />One of my career objectives is to avoid being the dancing guy in the video! Thanks for sharing your experiences.Jeff Marsicohttps://www.blogger.com/profile/12153599647481141591noreply@blogger.comtag:blogger.com,1999:blog-235433516644980443.post-30268269239592685182010-09-13T10:02:37.432-04:002010-09-13T10:02:37.432-04:00Excellent insights!
Based upon my career experien...Excellent insights!<br /><br />Based upon my career experience, I find #2 (Recognize Obstacles), #3 (Frame the Issue), #7 (Communicate the Decision) and #8 (Implement the Decision) to be especially relevant to effective decision-making.<br /><br />Also, I think I can identify some of the characters in the video clip.<br /><br />It is important to realized that when we stick our heads in the sand, we expose another part of the anatomy in the process...The Soaring Eaglehttps://www.blogger.com/profile/12257972473954196706noreply@blogger.com