Dispatches from the Frontier
Musings on Entrepreneurship and Innovation
Monday, January 03, 2005
Developing Organizational Decision-making Capacity
Musings on Entrepreneurship and Innovation
Monday, January 03, 2005Developing Organizational Decision-making Capacity
It's not news that an entrepreneur can constrain the growth of his or her company. If a company's managerial capacity is limited to the entrepreneurs' individual capacity, the company isn't likely to experience sustained growth. Because managerial capacity is a function, at least in part, of decision-making capacity, the number and skill of decision-makers must increase over time if a company is to meet its potential*.
Some time ago, I spoke with my friend, and serial entrepreneur, John Funk about his experience.
*By decision, I mean the intentional allocation of scarce resources towards the achievement of a business objective. Making a decision is more than reaching a logical conclusion.
4:00:48 PM 