Dan Markovitz, consultant and author of The Conclusion Trap: Four Steps to Better Decisions, joins Art Petty on this episode of the Leadership Caffeine podcast.
How we frame a situation guides our development of options and biases our decisions. In my coaching work, framing is almost always an issue with under-performing professionals. Here are five common situations that can benefit from some active, personal reframing.
While it’s clear our guts don’t do any heavy lifting when it comes to making decisions, that sense we describe as “gut feeling” is something most of us rely on to guide us through life’s challenges. However, there are at least 3 key situations where senior leaders should develop the discipline to quality check their gut instincts:
Run a literature search on decision-making, and you'll find a broad range of content, much of it focused on the cognitive issues and traps surrounding the process, and the balance focused on the disasters so widely dissected in our culture. For a fresh and refreshing view, enter Tom Davenport and Brook Manville with their book, Judgment Calls-12 Stories of Big Decisions and the Teams that Got Them Right.
Bob Frisch is one smart professional, with some great guidance for senior managers and CEO's in his new book: "Who's In the Room? How Great Leaders Structure and Manage the Teams Around Them." His lifetime experience as a strategy consultant working with senior management teams comes through loud and clear as he shares some fairly blunt and important perspectives on how decisions at the top are really made.
Somewhere on the way to this world we now live and work in, “speed” became a proxy for success. Speed is undoubtedly important, but beware relying on it as the sole indicator of effectiveness. It’s a cruel tyrant, demanding fealty from followers, while discouraging critical and deep thinking and focusing solely on time-to-response as a metric of success. Here are at least 10 situations where you should resist the need for speed and call a timeout:
Decisions propel people, teams and organizations forward. Get more right than wrong…especially the big ones, and the only thing standing in the way of success is the critical issue of execution. And of course, most decisions start with a discussion. One of your important jobs as a leader is to ensure that your team is [...]
Your decisions define you as a leader and a manager, yet we spend very little time in our busy lives finding ways to improve our abilities in this area. This Management Excellence Toolkit Series will help you recognize the challenges and pitfalls of individual and group decision-making and offer ideas on improving performance for you and your co-workers. In this segment, I focus on the issues surrounding forecasting and estimating errors, and I offer a number of ideas to improve performance for these important activities.
Your decisions define you as a leader and a manager, yet we spend very little time in our busy lives finding ways to improve our abilities in this area. This Management Excellence Toolkit Series will help you recognize the challenges and pitfalls of individual and group decision-making and offer ideas on improving performance for you and your co-workers. In this 3rd Part of an on-going series, we tackle the issue of properly framing issues to improve idea generation and decision development.
Your decisions define you as a leader and a manager, yet we spend very little time in our busy lives finding ways to improve our abilities in this area. This Management Excellence Toolkit Series will help you recognize the challenges and pitfalls of individual and group decision-making and offer ideas on improving performance for you and your co-workers. In Part 1, I offer guidance on creating a Decision Journal for key and strategic decisions to monitor your effectiveness over time.
