The 75 Greatest Management Decisions Ever Made

Great Management Decisions

What makes a management decision great? It’s hard to quantify or classify which management decisions will bring success and which ones will bring failure. Making a good decision is a combination of factors: imagination, courage, experience, and sometimes just plain luck. Good managers are good listeners. They can bring ideas to fruition even if they didn’t originate the ideas. However, good managers also follow their gut instincts. They are not afraid to challenge the status quo, especially if they strongly believe in an idea and feel they are right. The following examples of the world’s greatest management decisions show these common strengths.

The Birth of Advertising

One hundred years before the birth of Jesus Christ, someone lost a slave named Shem in the city of Thebes. The owner publicly offered a "whole gold coin" for returning the slave. Today, it’s hard to imagine a world without advertising. You see advertising on billboards while speeding along the highway, on television when you’re watching the nightly news, and on the Internet when you check stock quotes. You hear it on the car radio and see it on hot air balloons at ...