Introduction Committees Matter. Really

摘要

No, this is not an attack on America's favorite sport (sorry baseball), but rather a discussion of why committees are so despised, yet ubiquitous, and how you can make them more palatable, and indeed a competitive advantage for your firm. Currently, committees are like the weather: everyone complains about them, but no one does anything to fix them. Here, I will discuss why committee decisions matter; some potential benefits of committee decisions; how and why they often go wrong; and some best practices for how to make better committee decisions.