Strategic decision-making / Stanford Video ; director, Farukh Basrai.
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Taped live at Stanford University on December 11, 2013. David Demarest, presenter.
Title
Strategic decision-making / Stanford Video ; director, Farukh Basrai.
Artist
Basrai, Farukh, film director.
Subjects
Language
English
Type
Video Recording
Abstract
David Demarest, Vice President for Public Affairs at Stanford University, gives a talk on strategic decision-making. , "Strategic decision-making is both sequential and dynamic. You must begin with understanding context, then clarify your objectives. No step in the process can exceed in quality the step that precedes it. And since circumstances are constantly shifting, your strategy must dynamically respond to changes in context in order to remain vibrant and relevant. Strategic moments often appear in a crisis. These moments can either propel you forward or set you back--perhaps irretrievably. Saving the reputation of an individual or a firm depends on immediately recognizing the seriousness of the situation, taking ownership, and galvanizing a team with common purpose, a sense of urgency and clear direction."--Container.