Handy rules of thumb can help you make even the most complex decisions more manageable.
A former Bain consultant offers a great one.Handy rules of thumb can help you make even the most complex decisions more manageable. A former Bain consultant offers a great one.
Being a business owners means making tough decisions. Sometimes the stakes are high, sometimes the information is incomplete, and sometimes the environment is volatile—and sometimes all three—which means making the right choice for your company incredibly challenging and stressful.
Wouldn’t be nice if there were simple tricks to take these complicated, insomnia-inducing decisions and boil them down to something more manageable?
That’s just what former Bain & Company consultant Daniel Shapiro offered in a recent LinkedIn post. Drawing on his experience at Bain, Shapiro shares a handy trick that can help owners break down and tackle even the most complex issues. He writes:
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