5.6 Decision making tools

Question 1

What are the four elemets of the WRAP Framework developed by Chip & Dan Harding?

Answer 1

Widen your options
Rearlity-test your assumptions
Attain some distance before deciding
Prepare to be wrong

Question 2

Who developed the WRAP Framework?

Answer 2

Chip & Dan Harding

Question 3

In “Managing in the Gray” , Barradacco sets out 5 questins for managing complex gray areas. What are these?

Answer 3

1 What are the conseuences of our options?
2 What are my core obligations?
3 What will work in the world as it is?
4 Who are we?
5 What can I live with?

Question 4

What has research shown as the key differences between decisions made by men and women?

Answer 4

Men tend to be more decisive,while women will typically involve others more and take more time to consider.

Question 5

Huston (2016) offered 7 reccomendations for management decisions:

1 Increase the o\_\_\_\_\_ considered
2 Increase d\_\_\_\_\_\_\_ from the decision
3 Moderate c\_\_\_\_\_\_\_
4 Explore a\_\_\_\_\_\_\_\_\_\_
5 Recognise reasons for indecisiveness
6 Step out of your own shoes
7 Enhace g\_\_\_\_ decisiveness

Answer 5

options
distance
confidence
assumptions
group

Question 6

Which review found that smaller boards are more effective than larger ones?

Answer 6

Walker Review (2009)

Question 7

What did the Walker Review (2009) find as the optimal size of a sub committee?

Answer 7

5 to 9 people

Question 8

What did the Walker Review (2009) find as the optimal size of a board?

Answer 8

8 to 12 people

Question 9

What is the danger of shifting too many decisions to committees?

Answer 9

The board becomes “fragmented” as ceases making decisions as a whole.

Question 10

Cross identifies two key elements of board diversity. What are these?

Answer 10

1 Diversity of information - i.e. discuss information not known to the group

2 Diversity of thinking style - i.e. different ways of thinking about the same issue

Question 11

Name a methodology for encouraging diversity of thinking style.

Answer 11

De Bono’s Six Thinking Hats

Question 12

What are the 6 thinking hats in De Bono’s Six Thinking Hats methodology?

Answer 12

Blue - what is the bigger picture?
White - what are the facts?
Red - what is our gut instinct?
Black - what logic can we bring?
Yellow - what are the benefits?
Green - what is possible?

Question 13

How did NASA demonstrate a stakeholder commitment in its decision making?

Answer 13

By including astronauts in their decision making panels.