Case 1: It was a global RFP for a solution that had
almost every solution provider pitching for the business. It was a large
opportunity with the customer being one of the leaders by size in the industry.
Everyone wanted to bid and put their best foot forward with local and global
resources leaving no stone unturned. The business teams were excited too, to
traverse the path they had not imagined possible. Evaluations progressed over
almost 6 months until a couple were left to choose from. The shortlist was
setup for negotiations aligned to financial period endings.
Case 2: The Company always followed best practices
especially for their backend infrastructure and data center. Every 3 years they
refreshed the hardware even if it had some juice remaining, thus staying with
innovation; they procured all the equipment on operating lease which was good
in a way. In the current landscape they were spoilt for choices with Public,
Private, Hosted, Hybrid Clouds as well as engineered systems which promised
leading edge technology. Spread over 9 months the evaluation led to shortlist
that was a relief to everyone involved.
Case 3: Audits had demonstrated inherent weakness in
the systems and the business was growing faster than the market. The management
was being challenged to invest in better technology solutions which the rest of
the industry had adopted many years back. Reluctantly they agreed and invited
leading Management Consultants to review the landscape and recommend the best
way forward. Many months and a fat bill later they had the answer they knew;
the solution provider along with partners wooed the customer with enticement
that was difficult to refuse.
All the cases above represent companies that are deemed successful by
the external world on all the KPIs (primarily financial) that are used to
define success in this world: CAGR, ROCE, ROE, market share, EBITDA, or market
capitalization. They all had invested in IT building a foundation that
sustained their business; they all had faltered through the journey and now
become slow followers or laggards in the fast paced digitally disruptive world.
The CIOs were operationally effective yet ineffective in the business partnership.
The need was neither lesser nor the urgency; participation from all
quarters was enthusiastic with clear benefit from the investments. The
companies were doing well with whatever they had, acknowledging the fact that
competition had an edge with some of their new IT investments. Loads of
clarifications, comparisons, and references later, they had everything required
to take a decision. Thus armed with data the teams presented their conclusions
to their respective management teams anxious to close the deal and start
reaping the benefits.
At the opportune time, the case was presented to the senior management.
As is with most management teams they want to add value to whatever they see
irrespective of the domain, subject or context. The collective wisdom could not
prevent their desire to help the team take the best decision; so they
complimented the team and asked them for related and irrelevant data points and
moved on to the next agenda item. Uneasy at the new request the team promised
to get the desired information quickly to force a decision.
Weeks and months passed in the quest for the anticipated and
unanticipated information needs of the senior management. Getting on their
agenda again took some effort and lobbying; the team presented in all completeness
the requested information and then some more. The CFO put a new twist to the
story challenging the foundation on which the evaluation was conducted. A sense
of despair floated in the room, the team unable to effectively protest the
direction into which they were being hurtled. The situation appeared to be a
losing one !
Analysis paralysis driven by the need to value add is not a random
occurrence; it’s a tactical move honed by practice to avoid or delay a
decision. When in doubt, ask for more information; when you don’t understand
something, create a lateral stream; when you don’t want to say no directly,
expand the scope or change the business assumptions. The list is endless,
result the same, no decision. It is not procrastination, it is a savior for
those who like to maintain status quo or are uncomfortable with change. For
some it is a way to get even !
No decision is the biggest enemy of progress, are you addressing it ?
Wait until next year for some answers !
Between the known devil and the unknown depths of sea, most prefer the known devil - the status quo, primarily because they don't want to be blamed for anything new. Despite the fact that they know that the known devil will certainly kill them, most don't want to take the risk. Like it was once believed: those who buy IBM will never be blamed, will never lose their jobs, no one bought anything else despite the outcome.
ReplyDeleteThe biggest risk is not taking one.
- anonymous
The risk of a wrong decision is preferable to the terror of indecision.
- Maimonides
Very true reality
ReplyDelete