The decision gym: decision insurance for organizations

摘要

Conducting decision calisthenics can help an organization win competitive advantage through harnessing its tremendous knowledge, imagination, and staff experience. The paper explores how knowledge and experience mined and refined through innovative approaches like scenarios and war gaming can turn visionary ideas into successful, working realities. To fully appreciate the value of novel frameworks requires contextualizing their utility in what can be called the decision gym. The decision gym offers a way to build powerful consensus and commitment to decisions, methods to optimize processes, and a way to create, evaluate, and execute critical strategies in the face of heuristics and biases that can distort decision making.