Second Reading Club BJ

2009-2-26

Topic: Effective Decision-making

On April 23rd, 2008, the 2nd Drucker Reading Club was held successfully in Peter F. Drucker Academy. Twenty-five managers from different enterprises participated in the reading club, which discussed effective decision-making. All participants have read Drucker’s most popular book Effective Executive.

Ms. Jennifer Zhao, Certified Drucker Educator, is the reading club lecturer. “First of all, before you make a decision, you should ask yourself if it’s necessary to make a decision. Sometimes, not to make decision may be a best decision. Drucker said elements of the effective decision-making process are as follows: Identify the problem as generic and answer it through a rule or principle. Deal with the exceptional as it come; Define the boundary conditions; Think through what is right first, before making any compromise; Build into the decision action to carry it out; Get feedback to test the validity and effectiveness of the decision against reality.”

All participants shared their experiences and practices about the decision-making elements and decision-making steps posed by Drucker. Many said that Drucker provided a management philosophy and thinking model for management. In fact, the decision-making process is the circulation of the steps in Drucker’s book. Of course, decision-making is complicated and risky. Decision-making means to bear correspondent risks. Therefore, before you know clearly about the problems, not to make decision may be the best decision.

Drucker reading club aims to arouse executives’ enthusiasm about Drucker philosophy with a platform of discussion and exploration. There will be different themes each time periodically. You are welcome to join in us in Beijing Drucker Academy!