Are You Ready To Make Effective Decisions When Disaster Strikes? Strategies for Crisis Decision-Making

Abstract

What qualities do effective decision-makers have? What makes some decisions work where others falter? This article looks at the anatomy of organizational crisis, the strong parallels between military and business crises, 10 attributes of effective decision-making, some real-life examples of good and poor decisions made in today's business environment, and the chief restructuring officer's role in distressed or crisis circumstances.