How do you make critical decisions?
John Sargent, CEO of Macmillan Publishers, presented his answer in an inspirational TED Talk in New York City last week.
He focuses on making critical choices when the outcome is unknowable, as Sargent out it, on “…making decisions that you don’t have historical context and you don’t have information that is useful in making the decision.”
Ultimately, says Sargent, you must decide whether you will experience the unknown, or whether risk is too great.
He frames the talk with his own decision to join other major publishers in working with Apple to create the iBookstore for ebooks.
What do you think about Sargent’s advice on decision making?
What do you think about the decision Sargent made?