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How can the concepts of OODA and military command leadership principles be incorporated into business today

How can the concepts of OODA and military command leadership principles be incorporated into business today

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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How can the concepts of OODA and military command leadership principles be incorporated into business today?

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The OODA loop (Observe, Orient, Decide, Act) is a four-step decision-making process that emphasizes sifting the information that is available, contextualizing it, and fast reaching the best conclusion while also acknowledging that adjustments may be necessary as new information becomes available. Both a personal level and an organizational level can use the method. It is especially helpful in situations involving competition and when having the ability to respond to changing circumstances quicker than an opponent gives you the upper hand.

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