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Stop Doubling Down on Your Failing Strategy

Is your company made up of a CEO and 3-4 Executives who make key decisions?
From the excerpt below, this Harvard Business Review article tells you why you should not be doing this and much more.

“In general, therefore, we suggest that CEOs avoid delegating input on strategic decision making to groups of only four or five people. To be sure, smaller teams reduce coordination and communication costs and reach consensus faster. But larger teams have more information-processing capacity and a greater diversity of perspectives. We recommend enlisting 10 to 14 executives when it comes to debating the company’s long-term strategy. (More than 14 is inadvisable, because members of very large teams tend to disengage.)”

https://hbr.org/2017/11/stop-doubling-down-on-your-failing-strategy?utm_campaign=hbr&utm_source=facebook&utm_medium=social

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