For a lengthier excerpt from the book’s preface,
click here
.
The
Go Point
When It's Time to Decide
Michael Useem
Preface
Imagine for a moment that you are taken out of your normal day-to-day life and thrust as a wildland firefighter into the midst of a raging Colorado fire, becoming the de facto leader of a crew whose goal is
to stop it from spreading. With scant
information available about weather conditions you urgently have to decide
where your crew should go – up the mountain or down – and your forced choice has potential life and death consequences.
Or you are now on the bond trading floor at Lehman Brothers
and you have to make multi-million dollar buy or sell decisions that will have
huge consequences not only for the profitability of your firm but also your
year-end bonus.
Or perhaps you are the new chief executive of
Hewlett-Packard forced to clean up the mess left by your predecessor who pushed
through a decision to merge Compaq Computer company with your own struggling
computer operation. Jobs are going to be
cut, perhaps entire divisions dissolved.
How do you decide who goes and what stays?
All of these are go points, times to decide, moments for
saying yes or no, instants for jumping one direction or another when the fate
of others depends on it. When should you do it, and how should you do it?
To master of the art and practice of being decisive, our
account will take you to some of the most daunting terrains on earth – from a
burning mountain in Montana to the highest mountain in the Himalaya, from a corporate boardroom to a Civil War battlefield, from a troubled Tyco to surging Lenovo. We will combat a forest fire, climb
Mt. Everest, peer into a boardroom,
and see for ourselves how Confederate General Robert E. Lee decided to launch Pickett’s
Charge. But we will also witness people
making less time-bound or momentous decisions: training astronauts, writing poetry, prepping a
quarterback, leading a church, taking a job.
And we will make four decisions of our own by applying what we have
learned from those who have staked their companies, their careers, their
countries on reaching the right decision.
The Go Point takes you inside the heart and head of people at their go point. And from their experience and that of our own we will build a decision-making template, the principles and tools for being
decisive at times when it really counts:
Using small steps to make hard decisions, building a network of
counselors and oracles for testing ideas, keeping options open until they must
be closed.
This
book is built on more than a hundred interviews and observations of leading
decision makers, mostly conducted between 2002 and 2006. For the interviews, my approach has been to ask the individuals to describe and analyze decisions they have made with
consequences for those around and dependent upon them. What were their best and worst decisions,
their most challenging ones? How did they reach them? What factors brought
them to their individual go-points? What
would they change and what have they learned?
During the interviews, generally sixty minutes in length but sometimes
shorter and other times far longer, I kept detailed notes and often a digital
recording.
I
sought interviews with people from a broad cross-section of professions and
callings: a NASA astronaut, a Marine colonel and a thoracic
surgeon, an Episcopal Bishop; school teachers, corporate executives,
Chinese entrepreneurs. Many are not explicitly
referenced in the book’s text, but their experience and thinking is reflected
throughout the book. The settings for
the interviews ranged from executives suites to classrooms, trail sides, and
training centers. I accompanied a
wildland fire team as it fought a blaze in California,
spent hours on a trading floor of an investment bank, and joined a day-long
briefing by those who run the training program for astronauts at Houston’s
Johnson Space
Center.
At
times, I have also observed decision makers as they described, analyzed or even engaged in decisions with consequences for others. And in some cases I was able to both observe and interview the individuals in question, sometimes on multiple
occasions. All moments of observation were accompanied by detailed note taking and in some instances audio and even video recording.
High
profile figures such as Cisco Systems CEO John Chambers; General Peter Pace,
chairman of the U.S. Joint Chiefs of Staff; former Hewlett-Packard CEO Carly
Fiorina; Pakistan’s President Pervez Musharraf; and New York Times chairman
Arthur O. Sulzberger Jr. have shared or conveyed their decision-making
experiences, but I have also looked in more out of the way corners, where the
decisions taken or avoided had dramatic consequences for those involved. I hiked a fire zone on Colorado’s
Storm King Mountain
with seventeen professional fire fighters, seeking to understand the chain of
go-points that had led an earlier group to be engulfed by a lethal blow-up in
1994, and I talked with a survivor of a well-known airplane crash in the Andes.
In
addition to the interviews, I have devoted more than forty days to the study of
decision making by the Civil War commanders who fought at Gettysburg. Time and again I have walked that hallowed battlefield with managers and MBA students accompanied by U.S. National Park Service licensed battlefield guides William Bowling, Hans Henzel, and Charles Fennell and, during one of those days, Civil War historian James M. McPherson.
As
part of the Wharton Leadership Ventures, I have also observed managers and MBA students making hundreds of decisions on everything from route finding to
program restructuring in venues as far-flung as Patagonia
and even Antarctica.
In conjunction with a leadership development program for the Philadelphia
public-school system, I have informally discussed with teachers and
administrators how they go about making decisions. Lessons in decision making, in go-pointing,
can be found literally everywhere.
In
all these interviews and observations, I have looked for both recurrent themes
and unique experiences across a range of organizations and even national
boundaries. I have sought to extract
what is most enduringly important for decision makers when they carry
responsibility for others, regardless of the context. I have also drawn upon a broad range of
research studies and historical accounts, some but not all cited in the pages
of this text. The decision principles
and tools identified here bear a huge debt to all those who have lent me their
time, their experience, and their intellects.