Industrial Multinational Behavioral Decision Making Collaboration Advisers Framework

Management Consulting

Aon

Full Credential Description

Aon was appointed by the Board of a large Industrial Multinational to enhance its understanding of how behavioral biases were affecting its decision-making processes. The client faced challenges in effectively collaborating with its advisers to achieve optimal outcomes. Aon's tailored solution involved a comprehensive analysis of the Board's dynamics and the development of a framework to improve decision-making and meeting effectiveness. This included a focus on the skills and diversity within the Board, which led to a significant redesign of the recruitment and training processes for future trustees. As a result of Aon's intervention, the Board was able to create a more robust structure around risk management and optimize the use of meeting time. This strategic approach not only helped the Board to stay focused on its objectives but also equipped it to navigate unexpected challenges more effectively. The implementation of Aon's tools and frameworks resulted in a more capable pool of trustee talent, ensuring that the Board could meet its strategic goals with greater efficiency and effectiveness.