Dynamic Management: Better decisions in uncertain times

Dynamic Management: Better decisions in uncertain times

Take effective decisions in a context of uncertainty.

Author(s): Lowell Bryan

Publisher: McKinsey Quarterly

Date of publication: 2009

Read this article on the publisher's website [McKinsey]

Summary

How can we organize decision-making effectively to help companies face environmental turbulence? The author proposes several avenues to organize continuous, productive discussion among all senior executives and adopt a budgetary process that makes it easier to adapt to the unexpected.