Most management models lead unnecessary and enormous cost increases with a large chance of hugely disastrous decisions, because top managers are hardly ever corrected, according to Gary Hamel. We need decisions based on responsibility and not on company position. CEOs and boards of management show ‘Sun-King’ behavior with too much distance from the shop-floor, leading to wrong strategic decisions.
Most decision-making in our organizations is still based on intuition and gut feeling. The aim of strategic competitive intelligence is critical thinking fueled by analysis and driven by perspectives over and above facts.Analysis is key and is a precondition for creating strategic intelligence. In analyzing data, we tend to discern patterns early, jump to conclusions, ignore contradictory information or take other mental shortcuts.