The Lost Art of Thinking in Large Organizations
You are a manager in a large organization.
What is your typical decision-making process?
In an article published on the MIT Sloan Management Review (“The Lost Art of Thinking in Large Organizations”), Duncan Simester highlights how, when facing a strategic business problem, the focus of managers often narrows to proposing solutions. When asked why, many respond that they don’t have time to think. The answer reflects a relentless focus on execution in many large companies: to be promoted in such organizations requires action more than thinking!
However, once executives are promoted, these new business leaders must be able to think strategically! To think about strategy, start with a specific customer example and ask: how can we better satisfy the customer needs? Now change an assumption and see whether the answer changes. This is what good thinking involves: evaluating hypotheticals and pivoting from one hypothetical to another!
Starting with narrow examples implies the certainty that not every possibility will be exhausted: functional managers transitioning to become senior leaders must learn to embrace ambiguity and uncertainty!
Delegation is the key to finding time to think: executives must become strategic leaders who spend time thinking carefully about how best to deploy their teams, ceasing to be mere managers facilitating execution!
If your managers claim they do not have time to think, you have a problem! You need them to know that they are required to take time away from doing to think. A singular focus on what made your company big risks preventing it from sustaining that growth in the future.
[Complete article, “The Lost Art of Thinking in Large Organizations”, available at https://sloanreview.mit.edu/article/the-lost-art-of-thinking-in-large-organizations/]
Can Process Mining Help Businesses Become More Efficient?
To improve your business, you need to make faster, more informed...
What’s holding organizations back from using Artificial Intelligence?
Artificial Intelligence (A.I.) is gradually changing the future of human evolution...
Business Excellence Pills: Critical to Quality Tree
“Quality is more than a promise, it’s genuine performance” - Ron...
5S – Workplace management methodology
5S methodology is a useful tool to organize the workplace with...
How can digital enable the transition to a more sustainable world
It is well known that Digital Transformation has the potential to...
Pros and challenges of intelligent document processing
Document proliferation continues to be a great challenge that cannot be...
Business Excellence Pills: Pareto Chart
“Are you struggling in identifying where to focus your effort to...
How do you measure the way digital transformation can create value?
There is no secret that every company is dealing with digital...
Do we need imagination for business?
People may underestimate the power of imagination for business. Imagination is...
Business Excellence Pills: SIPOC
Want to learn more about Business Excellence? Let's start this column named...
Main barriers to achieve organization’s digital objectives
“What are the main barriers to achieve your organization’s digital objectives?” In...