Strategically withholding information from experts improves objectivity & accuracy
Beware of project labels – they can set a project on an irreversible course to the wrong answer
Grading our own decision process skills is worthless when we’re unfamiliar with the standards.
What do you really want: great analysis or your first impressions repeated back to you?
Lousy ideas sneak through approval processes by hiding in the folds of great ideas.
Financial engineering does not transform a dubious project into a winner. When the spreadsheets describe a boost in value, check for new risks hiding below the surface.
Vendors provide valuable contributions to our capital projects – but only after we are ready for their involvement.
We want to see confidence … but we first need candor.
Value, Risk… and Flexibility. In turbulent times, decision makers need flexibility when selecting the best solution.
Experience comes at a high cost, but we usually fail to learn all we should.