OODA Loops - Decision-Making Skills Training from MindTools.com
Understanding the Decision Cycle Observation is the first step. © iStockphoto/DivaNir4a Has it ever struck you just how many military terms have become everyday terms in business-speak? War and business are often compared and contrasted. As well as "fighting off threats" or "engaging in a price war", we talk about "gathering intelligence", "making a pre-emptive strike", and even trying to "out-maneuver" the competition. It can be fun to read books like The Art of War, written in 6th Century China by Sun Tzu, and to think about how these can be applied to business strategy. Boyd developed his model after analyzing the success of the American F-86 fighter plane compared with that of the Soviet MIG-15. This improved field of vision gave the pilot a clear competitive advantage, as it meant he could assess the situation better and faster than his opponent. Success in business often comes from being one step ahead of the competition and, at the same time, being prepared to react to what they do.
Related: Acting Decisively; Making Good Decisions
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