They're not trained for, nor are they typically very good at, ensuring
optimal business outcomes.
Failure to take these factors on board may lead to teams becoming dysfunctional and creating barriers to achieving
the optimal business outcome, thereby reducing the success of the transaction.
Not exact matches
In spite of all the hurdles I face with running a
business in an under appreciated profession, I simply can't imagine returning to the hospital, where we faced consequences of short - staffing, out - dated policies, rigorous rules that were detrimental to
optimal outcomes and the client's experience, and power struggles among all chains of command that ultimately choked any effort for improvement.
Decision theory — the tool of management that suggests making
optimal choices by summing discounted future values over the probability distribution of all possible
outcomes — is of limited usefulness, as are
businesses» five - year plans.