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Costly process: Consensus decision-making can be resource-intensive, requiring team members to spend a lot of time and effort. This can translate into higher operational costs for the organization.
The more complex the decision and the more varied the stakeholders, the stronger the case for cognition-as-a-service.
Adopting a structured decision-making structure can help balance consensus with agility. Techniques such as the Bain & Co., Rapid Decision Making process would be recommended.
Consensus decision-making is a group decision making process that seeks the consent of all participants. Consensus may be defined professionally as an acceptable resolution, one that can be ...
Move toward more objective, accurate and timely decision-making. The key is to balance experience, intuition and power with discipline, process and methods.