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OPEN MINDS Management Newsletter

Learn about new business models and the latest management best practices in our monthly, how-to guides on trending issues. Knowing the market—and knowing how to manage your way to success in that market—are two different issues. For thirty years, we have shared our field-tested models developed by our senior advisors and case studies that illustrate the challenges and tips for success.

June 2021 Issue
From Data To Action: The Keys To Executive Decisionmaking: The OPEN MINDS Management Newsletter, June 2021
Great Leaders Make Great Decisions, But How?

Making the tough decisions is the responsibility of an organization’s executive team, with the ā€œfinal callā€ resting with the chief executive officer. And times of crisis (like the past 14 months) and recovery mean many more critical strategic decisions need to be made—quickly.
The challenge is that with the current state of market turbulence,…

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Decisions! Decisions! FiveĀ Big Decisions Every Executive Team Needs To Make For TheĀ Next Normal

It is estimated that on average, adults make 35,000 remotely conscious decisions in a day or 12 million decisions a year. Every day, 227 decisions are related to food alone (seeĀ How Many Daily Decisions Do We Make?)! The higher a person’s level of responsibility, the more decisions there are to make—one survey estimates that managers…

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How to Use Your EHR To Become A Data-Informed Organization

Just about every organizational handbook or TED talk encourages leaders to use data to inform business decisions. It makes perfect sense—instead of working from hunches and historical knowledge of what worked last time, organizations need to use metrics to better define success and progress. The hard part for any organization though is finding what data…

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Watch Out For The Six Decisionmaking Traps

ā€œA trap is only a trap if you don’t know about it. If you know about it, it’s a challenge.ā€
― China MiĆ©ville, Author
Making decisions is perhaps one of the most important skills required of executives but it is surprising how few feel equipped for it or believe they are good at…

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