Corporate Perspective: Mistakes in Decision Making Are the Biggest Waste

Corporate Perspective: Mistakes in Decision Making Are the Biggest Waste

Recently, the author heard about such a thing: A manager of a state-owned enterprise, is unanimously acknowledged by the workers as a good manager who is honest, clean, and spotless. He usually pays careful attention and he has to spend two cents. However, this "good cadre" could not hear others' opinions in decision-making. He failed to launch two projects blindly because of two mistakes in board making, causing direct economic losses of more than one million yuan. The staff said in disappointment that this really saved sesame from losing the watermelon.
In some companies today, managers like this are not unique. They are not corrupt, bribery, or wasteful. They are meticulous and pay attention to conservation. However, when they decide on major issues, they “do everything”, decide on their own, lay out the project, and get on with the project, and hear no one else’s opinions. Subjectively assertive, too confident in his own judgment. As a result, some projects that have made mistakes in decision-making have become "mustache projects", or they have been abandoned half a way and become "half" projects, or production has become a "mess" project. This kind of waste makes it unnecessary for employees to save every drop of electricity every drop of electricity.
To build a conservation-oriented enterprise, scientific decision-making is the greatest savings. The key to avoiding mistakes in decision-making is to accelerate the democratization and scientific progress of decision-making. In addition to strengthening the scientific argumentation, auditing, and supervision of decision-making, it is more important that managers who are state-owned assets should implement an accountability system for decision-making, who are responsible for decision-making and who are responsible for making mistakes in decision-making. Establish an effective prevention mechanism for democratic decision-making, scientific decision-making, prevention of mistakes in decision-making, and resolutely remove the blind “rights of filming” of “three beaters” who “shoot heads, shoot chests, and shoot butts” and control the chaos board from the source to make macroscopic The decision is more reasonable, more scientific, and more practical, thus basically abandoning the biggest funnel of “decision making”.

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