How to Reduce Time to Decision Making By Relinquishing Power and Building Accountability #199

In Episode 199, Bill talks with Lou Pellicori, Managing Director, Chief Information and Technology Officer at Glenmede Trust Company, N.A.

Efficiency in reducing time for decisions is one of the biggest factors of a project that focuses on two ideas. It focuses on 1) reducing the time it takes for decision-making 💭 and 2) providing enough contacts and intelligence for the business to make decisions, so there is a less favorable chance of changing their mind.

Bill loves this quote from Lou on seeing versus believing, “Seeing is believing. More wireframes, more very specific detail. If you could do just those two things, reduce time to decisions, reduce re-work by giving the business better forensics and information, you have accelerated your ability to execute with just those two things.”

As an IT leader, relinquishing power allows giving away power and the ability for people to make decisions. This leads to 💡 thinking about what information is needed to make a decision. You are accountable to keep moving forward. Giving away power is instilling higher accountability which the two go hand in hand.