Yes. One component of this is clarifying and managing trade-offs. There's always pros and cons to any decision. The problem is these decisions are weaponized without understanding the trade-offs, leading to (fake) study after study. There's as much money to be made in studying as in executing... maybe more.
We need to list the trade-off assumptions more concisely and understand the boundaries we're willing to operate in, make the decision, then take the risk of action (or no action). Some of these trade-offs should be quantified (see the HBR "Even Swaps" article). We could even add some remedies as a strategic option if the assumptions are wrong.
Yes. One component of this is clarifying and managing trade-offs. There's always pros and cons to any decision. The problem is these decisions are weaponized without understanding the trade-offs, leading to (fake) study after study. There's as much money to be made in studying as in executing... maybe more.
We need to list the trade-off assumptions more concisely and understand the boundaries we're willing to operate in, make the decision, then take the risk of action (or no action). Some of these trade-offs should be quantified (see the HBR "Even Swaps" article). We could even add some remedies as a strategic option if the assumptions are wrong.