The Art of Making Tough Decisions in a Crisis

  • 📰 PsychToday
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

The coronavirus crisis has forced business leaders to make incredibly difficult decisions. Here's what they can learn from the 7-step decision process used in the military.

, which I’ve translated into “civilian speak” with the help of my friend, Lt. Col. Sylvia Lopez. Let’s walk through each of the steps using the following scenario: You are a senior leader in your organization, and you are considering whether to lay people off for the next month due to the pandemic.

Step 2 – “Mission” Analysis: The team must analyze all of the variables contributing to the end decision. In our scenario, there will be operational issues, PR consequences to consider, budget and economic ramifications, legal issues, and time constraints, to name a few. Step 4 – Evaluate Each Course of Action: Each leader now separately considers how a decision will impact his or her corner of the world. If you’re an HR leader, you might consider the worker’s comp impact, reintegration messaging and timing, and the structure of severance packages.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Just remember that a Camel is a Horse designed by a committee.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 714. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These Artists Are Still Making Public Art Even When The Streets Are EmptyThough there isn't much of an audience right now, public artists are continuing their work, projecting messages out of bedroom windows, painting large murals and live-streaming performance pieces. (wamu885) wamu885 wamu885 wamu885
Source: NPR - 🏆 96. / 63 Read more »

Mastering the Art of Caring Less Made Me Better at MarriageHow an ancient philosophical concept taught one writer to embrace spontaneity
Source: TheCut - 🏆 720. / 51 Read more »

'Balconies, life, art': Berlin's shut-in artists show their workThe rules of isolation in the face of the coronavirus pandemic are less strict in Berlin than elsewhere in Germany, allowing people a chance to admire the works while out for a stroll.
Source: trtworld - 🏆 101. / 63 Read more »

The MoMA Is Offering Free Online Art CoursesWell, guess I have to become a world famous artist now... MuseumModernArt MuseumModernArt
Source: papermagazine - 🏆 409. / 53 Read more »

Wealthy people consider liquidating art assets as recession looms - Business InsiderArt isn't necessarily impacted by the risks commonly associated with the financial market, which makes it a lower call risk as an investment. Looks like Momo Kindly highlight when the vintage Bordeaux and Burgundy cellars are at risk 👍 Fuck yes, I’m gonna be able to finally afford a Dali. 👌🏻
Source: BusinessInsider - 🏆 729. / 51 Read more »