Making strategic decisions is a fundamental skill for leaders and managers. However, in a business environment that is in a constant state of change, making strategic decisions has never been more difficult. Discovery-led decision-making addresses this challenge by providing a framework for making sound decisions in an uncertain world. Based on the core concepts of framing, experimenting and scaling, this approach ensures that efforts are focused where the need is greatest, that interventions are tested, evaluated and revised, and that successful initiatives are effectively rolled out across the business.
In this webinar presented on Thursday 11 October, Ben Shenoy explained that discovery-led decision-making is a framework that builds on an agile approach to project management, specifically:
- it articulates a more dynamic, fluid approach to strategy which aligns with agile project management;
- it suggests that there are actually three different types of sprint, depending on the type of decision-making required to move things forward.
The webinar considered this approach, and how it can be applied to initiatives managed in several sectors being confronted by confusion and turbulence.
Ben Shenoy explores, decodes and narrates how behavioural science can untangle organisational dilemmas in perplexing times. He is a hybrid, having been an electronic engineer and a management consultant before retraining as a social psychologist: his experience spans academia and practice, as well as both the natural and social sciences.
Ben is a Visiting Professor at the London School of Economics (LSE) and Director of the Business Insights Lab at the University of Surrey’s Centre for the Digital Economy. He holds a PhD in Organisational Behaviour from Harvard Business School.
His first book, Strategic Decision Making: A discovery-led approach to critical choices in turbulent times, was co-authored with Simon Haslam and published in 2018. He can be found online at BenShenoy.com and @BenShenoy.
Ben has very kindly allowed his presented material to be made available for viewing.
The slides on Slideshare and the webinar recording on YouTube is now available in our APM resources area and also embedded below for reference.
This webinar content is suitable for professionals with all levels of experience.
A blog by Ben on the same topic entitled The Times they are A Changin’– How to make sound decisions in turbulent times was published the same week.
The audience engaged during the webinar using Mentimeter presentation software, their responses are below: