Decision Structures, Mgt. of Risk & Uncertainty

Decision Structures take away much of the autonomy in decision making from management...

Within World Class R&D all key decisions are made within highly transparent decision making structures. An individual manager has less a say in key decisions. This will be seen to protect the integrity of decision making structures.

These structures are formal. We institutionalize key decisions to better manage risk & uncertainty:

  • Build institutional expertise in decision making under uncertainty (e.g., build decision support practices & techniques)
  • Build institutional consistency in response to risk and uncertainty
  • Drive improvements in daily evidence gathering and risk management through the questions asked by the decision making structures at key junctures.

We design these structures to get the best decisions under uncertainty.

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More Core Arguments for Mgt. of Risk & Uncertainty