Decision Making Paradigm - Business (UN)usual
We are, by now, merrily familiar with seemingly-intelligent data model driven decision support systems incorporating fancied outputs of dynamic simulation, predictive modeling, heuristic evaluation & gaming analytics - to make your case!
For the differently enabled, this has meant immersing in quantitative numerical spreadsheets! With the proliferation of light applications, powerful networks and super-smart devices, it is only a matter of time before all of that is made available at our fingertips for general purpose consumption and easy-peasy deployment!
And, in the VUCA world, there are certain home truths :
To deal and revel in the grey zones of data premises; Learn to decide even if you are unable to see the full view of possibilities
Not to get intimidated by chaos and piece various premises together
Not excessively bothered by populist choices; Follow-up resolutely, what you believe in
Relying on hunch and the clichéd gut-feel as much as anything else - allowing intuition to play out and training that hazy thing to work better each time you exercise it
Making compromises is part of the options configured to achieve what you wanted; dealing with conflicts squarely in the face of consequences you choose; grappling with differing opinions and opposing choices
Being sensitive to larger objectives and specific values which are innate to each person; Seeing each person's identity therein is as important to the goal itself
Collaborating and mobilizing people/partners is integral to any success
Being reliable in execution with a larger purpose is more valued; Mere punctuality of decision-making does not figure as the biggest virtue
Rushing into performance demonstration is not as good as slowly trudging your way through progress which brings definitively sustained results
Cannot always get people & situations, readymade to take up everything that comes your way
Artificial intelligence (AI) can only help you to a certain extent, in that. You cant deploy such systems at random and cannot be a commonplace utilisation, despite all the developments/progress.
Plenty of tools & technology to help you organise the available information into giving trends/patterns. They can even automate the mundane or quickly react to predictable possibilities when it is the USUAL business.
SBS Dimensions - India