The Hinckley Point nuclear decision is a big one. I’m fascinated by the different stakeholder viewpoints reported in the media. They include EDF’s, the Chinese Government’s, the Opposition, UK tax-payers and electricity customers in the UK who, they say, will ultimately foot the bill for the Government’s decision.
This decision is so big that the French Government is involved.
Do you find it odd that the biggest current trade order that the UK has with the heart of the EU is suddenly on hold? Is it a co-incidence, at a time when the UK needs a negotiating position with and support from allies for Brexit?
So, it is an interesting example of a very complex, long-term decision with lots of stakeholders to manage.
What do we learn from this nuclear option?
I thought the deal had been done. I did not realise that we were waiting for EDF to make a final decision on the risk of the deal. And when they did say yes (by majority vote, not unanimously) it turns out the lead investor has not finished making up their mind. (Ref City AM – 29July 2016)
I see, in this example, reminders that complex decisions are:
- A process (or a journey) and not an event at one point in time
- A trade-off, a negotiation even, between the stakeholders who wield the power
- Unlikely to take effect if the pathway to ‘implementation’ has not been put in place.
I often see ‘hollow’ decisions that have no impact (or worse an unwanted impact) when the implementation ‘flightpath’ has not been cleared:
Do we have the resources to enact the decision?
Do we have the actual authority to proceed?
We include these aspects business cases for major investments but without the live context for what is happening in the environment.
“We decided to move but then found that while we were deliberating
all the decent property in the district we wanted to move to has been let…”
Part of our business decision design® approach is to make sure that the ‘implementation flight-path’ has been considered, designed and mobilised. Timing is important. As is getting the degree of preparation right.
It’s part of the art.
Here is a link to the picture.
I wish you sunny days.