Good Decision Making

Are you confronted with complex business decisions? Also, are you at a loss where to start? This is where good decision making tools are priceless. Here you will learn about team decision making. Additionally, you are introduced to 12Faces StrategyTrees. These are tools for effective strategic planning. What is HiPPO? It is the highest paid person’s opinion – fascinating. The 5 Whys Problem Solving Technique will give you skills that will lead to solutions. Are you inundated with tasks? Go to the article “Getting Stuff Done When There is Lots”. The 80/20 principle teaches you how to determine the 20% of tasks that will give you 80% of your outcomes.

23OctOctober 23, 2022

How to Manage Highest Paid Person’s Opinion – HiPPO

When a HiPPO (highest paid person’s opinion) is in play during staff meetings, it is doubtful that your enterprise is relying on data to inform decision-making. In fact, the HiPPO effect will be killing debate in your team meetings. Is your business making decisions based on what the HiPPO wants...

By Scott WilliamsD12 Leadership SkillsBrainstorming, Developing Leadership Skills, Good Decision Making, Problem Solving, Staff, Yellow Belt0 Comments

16OctOctober 16, 2022

Introducing the GamePlan System

Home Business Owners are Busy People! So we have developed a routine for getting more done faster using the "Work Smarter, not Harder" mantra. This is our rapid introduction to what to do and how to do it to get you working smarter straight away. Sections link off to more advanced discussions...

By Scott WilliamsD9 Business Planning and ExecutionAgile, Business Growth Planning, Business Planning, Developing Leadership Skills, Good Decision Making, How to Prioritise Tasks, Issue Management PlanningComments Off

05AprApril 5, 2020

Critical Financials for Business Explained

Critical Business Financials Explained provides a commentary on Tips that appear in the 12Faces TrendBoard family of analysis tools

By Scott WilliamsD10 Performance AnalyticsBusiness Turnaround: Is Your Business Failing?, Cash Flow Tools and Liquidity Management, Good Decision Making, How to Measure Cash Flow, Inventory Performance Monitoring, Management Accounting System: How to Build, Metrics, Planning, Problem Solving, Sustainable Business, Understanding Financial Statements: Management Accounting0 Comments

12MarMarch 12, 2020

How to use StrategyTrees for Effective Strategic Planning

Every type of Enterprise faces the need to develop a Strategy and then implement it. 12Faces has been doing this in its own businesses for many years and we have developed a very practical approach which we share with you here. This is a blue belt article.

By Scott WilliamsD9.1 Business PlansBlue Belt, Business Growth Planning, Business Planning, Developing Leadership Skills, Exit Business, Good Decision Making, Strategy TreeComments Off

20DecDecember 20, 2019

How the Profit Flywheel Accelerates Your Business

This is the 12Faces structured roadmap to growing your business. We use the flywheel to explain the structure of the material. It is one of many possible roadmaps to growth. Use it as a suggestion tool to incorporate into your business planning. Yellow Belt

By Scott WilliamsD9.1 Business PlansBusiness Planning, BusinessGrowth, Cash Flow Performance, Cash Flow Tools and Liquidity Management, Financial Ratio Analysis, Good Decision Making, Marketing Planning: How and Why, Planning, Profit, Yellow Belt1 Comment

18FebFebruary 18, 2019

How the Plan/Do/Check/Act (PDCA) Cycle Builds Important Routines

The business world is full of uncertainty. Many managers cross their fingers, build the planned addition to their business in its entirety, or their start-up, then launch it and pray. The most common outcome from this approach is - failure or, at best, mediocre success. Starting with the auto industry...

By Scott WilliamsD9.2 Execute a Business PlanDeveloping Leadership Skills, Good Decision Making, How to Prioritise Tasks, Optimizing, Placeholder, Project Management System, Staff Training, Startup Business, Yellow Belt0 Comments

06DecDecember 6, 2016

80/20 Principle and the Theory of Constraints

This is 12Faces equivalent of Godzilla meets the Hulk! In our language it is the mixing of the 80/20 Rule, which promises up to 16x growth and the Theory of Constraints (TOC) approach, which describes the most liberating aspect of your production line.

By Scott WilliamsD11 Business Workflow80/20, Good Decision Making, How to Prioritise Tasks, Inventory Performance Monitoring, Products, TOC, Yellow Belt0 Comments

25NovNovember 25, 2016

Learn from 80/20 Rule Menu

The Amazing 80/20 Rule has the power to grow your business up to 16 TIMES FASTER and make your life a whole lot less busy and complicated. Got your attention? Work through this Menu to learn some of the best lessons 12Faces has to offer. Yellow Belt

By Scott WilliamsD7 Problem Solving Decision Making Tools & Skills80/20, Good Decision Making, Optimizing, Yellow Belt0 Comments

23SepSeptember 23, 2016

How to Use 5 Whys Problem Solving Technique

Five Whys and its sister Five Hows is a brainstorming tool that drives you to the reasons behind something happening when it is not obvious (5 Whys problem solving) or a desired outcome (5 Hows strategy). Yellow Belt article

By Scott WilliamsD7 Problem Solving Decision Making Tools & SkillsDeveloping Leadership Skills, Good Decision Making, Planning, Problem Solving, Sales, Toolkit, Waste Reduction in Business (Muda), Yellow Belt0 Comments

04SepSeptember 4, 2016

LB4: Getting Stuff Done When There is Lots

As a business manager, there is always more to be done than you possibly have time for. If you want to work reasonable hours and have a life outside the business, you will have to prioritise what you do. This article describes several techniques that can help you reduce the...

By Scott WilliamsLB4: Getting Stuff Done, Leader's BriefingsDP100, Good Decision Making, Growth365, How to Improve Motivation, HR Productivity, Optimizing, Productivity Improvement, Products, Time Management Skills, Time Mgt, Yellow Belt0 Comments

Tag - Good Decision Making

How to Manage Highest Paid Person’s Opinion – HiPPO

Introducing the GamePlan System

Critical Financials for Business Explained

How to use StrategyTrees for Effective Strategic Planning

How the Profit Flywheel Accelerates Your Business

How the Plan/Do/Check/Act (PDCA) Cycle Builds Important Routines

80/20 Principle and the Theory of Constraints

Learn from 80/20 Rule Menu

How to Use 5 Whys Problem Solving Technique

LB4: Getting Stuff Done When There is Lots

How about a brainstorming partner, to save you some precious time?