Ignoring high-consequence, low-likelihood risks can be damaging to an organization, but preparing for everything is impossibly costly. Here is how leaders can make the right investments.
Content: Article | Authors: Fritz Nauck, Leigh Weiss, Ophelia Usher | Source: McKinsey Quarterly | Subject: Risk Management
Decision makers fed up with slow or subpar results take heart. Three practices can help improve decision making and convince skeptical business leaders that there is life after death by committee.
Content: Article | Authors: Aaron De Smet, Gregor Jost, Leigh Weiss | Source: McKinsey Quarterly | Subject: Decision Making
The structures, processes, and communications approaches of many far-flung businesses have been stretched to the breaking point. Here are some ideas for relieving the strains.
Content: Article | Authors: Leigh Weiss, Suzanne Heywood, Toby Gibbs | Source: McKinsey Quarterly | Subjects: International, Organizational Behavior