Unit 6 - Strategic Decision-Making in Business Meetings

Word

Example

strategic alignment

All proposals must support strategic alignment.

contingency

We need a contingency plan for worst-case scenarios.

trade-off

There's a trade-off between speed and quality.

feasibility

Let's evaluate the feasibility of expansion.

risk mitigation

Risk mitigation strategies must be in place.

due diligence

Conduct due diligence before acquisition.

resource allocation

We must optimize resource allocation.

long-term viability

Investors are usually more interested in the long-term viability of a business than quick wins.

cost-benefit analysis

We conducted a cost-benefit analysis.

consensus-building

Consensus-building takes time but is crucial.

data-driven

Our decisions must be data-driven.

strategic foresight

Strategic foresight is a competitive advantage.

decision matrix

Use the decision matrix to evaluate options.

bottleneck

We must address this operational bottleneck.

stakeholder input

Don't ignore stakeholder input.

opportunity cost

The opportunity cost is too high.

benchmarking

We're benchmarking against top performers.

scenario planning

Scenario planning helps reduce uncertainty.

ROI (Return on Investment)

What's the projected ROI?

escalation path

Define the escalation path for critical issues.

governance

Governance must support agility.

performance indicator

Revenue is a key performance indicator.

actionability

These insights lack actionability.

time horizon

Our time horizon is five years.

scalability

We must test the scalability of this model.

compliance

Compliance with regulations is non-negotiable.

risk appetite

What's our risk appetite for this initiative?

cross-functional

The decision requires a cross-functional team.

leverage

Let's leverage our market position.

trade-off analysis

Trade-off analysis revealed better paths.

executive summary

Begin with an executive summary.

weighted criteria

Use weighted criteria to evaluate the bid.

strategic pivot

We may need a strategic pivot.

buy-in

We need full stakeholder buy-in.

accountability

Decision-makers must ensure accountability.

value proposition

What's the core value proposition?

profitability

Profitability will improve with automation.

decision fatigue

Let's avoid decision fatigue during long meetings.

inflection point

The company is at a strategic inflection point.

milestone

Let's define milestones in the roadmap.

competitive landscape

The competitive landscape is shifting rapidly.

exit strategy

Do we have a viable exit strategy?

business model

The business model must evolve.

governance framework

This fits within our governance framework.

financial forecast

We reviewed the financial forecast.

decision backlog

Clear the decision backlog before Q3.

operational resilience

Operational resilience is a priority.

strategic intent

Every initiative must match our strategic intent.