Our show today takes another look at the importance of business decision making.  Everyday, no matter what business you’re in, you make decisions.  Sometimes these decisions are minor in nature.  Often times the decisions you make are critical to your ability to grow and prosper your business.  Listen, we all make mistakes when it comes to decision making and we can all probably find more than a handful of business decisions that didn’t pan out very well recently.  Like I always say, if you’re not making mistakes along the trail, your not going to be in business for long. 

The question is, can we learn from our mistakes?  By the same token, can we learn from the mistakes and the successful business decisions others have made?  Hindsight in business decision-making can be a very productive tool as long as you don’t dwell on the mistakes of the past and use them as a way to move forward.

To help us learn from some recent and very public business decisions and their consequences, both good and bad, is our guest today, Michael McGrath.

This is Michael’s second return trip to this show and for good reason.  He’s a seasoned CEO and the author of a groundbreaking book on decision making called Business Decisions: “How to be more Decisive while reducing risk in Today’s Economy”.  Michael had advised some of the largest companies in the world and created innovative new decision techniques used by hundreds of successful businesses.  He is currently the executive chairman of the Thomas Group.