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What is thought process when considering

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As a member of management, need to make decisions on issues in which you have limited or no knowledge.

  • What is your thought process when considering if you should own or lease (technology)?
  • Who is supplying you with the data (subject matter experts, vendors, consultants, etc.)?
  • Who is providing alternatives (you would not make a substantial decision based on one individual, vendor, consultant, etc.)?
  • How did you validate this (remember, due diligence)?
  • How would you determine if their judgement is reliable (remember since you have limited or no knowledge you will need to rely on additional assistance, support, input)?
  • What is the underlying reason for their decisions (meaning anyone who is assisting in the questions above)?
  • Keeping all this in mind, how would you ultimately make that multi-million dollar decision?
  • How do you determine if their judgment is reliable? What are their underlying reasons for their decisions?
  • What is your thought process when considering if you should own or lease ____.
  • Who is supplying you with the data? Who is providing alternatives? How did you validate this?
  • How do you make that multi-million dollar decision?

Reference no: EM132329477

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