The best leaders I’ve worked with and for are not only good decision-makers, they are effective decision-coaches. They understand the importance of teaching their teams how how to navigate the pitfalls and complexities of decision-making in pursuit of the best results for the organization. Here are 6 great habits of effective Decision-Making Coaches:
Teaching others to employ effective decision-making processes is one of the most important and often ignored responsibilities of those in leadership roles. Unfortunately, training your team to look to you for the calls on how to fix problems and move forward is much easier than teaching your team members to stand on their own for most issues.
Nothing happens without a decision. Nothing good happens without the right decision. And, in case you doubt the need to focus on making better decisions, spend some time skimming the news. If you’ve kept up with your health and fitness resolutions thus far this year, you know that even minor adjustments in diet and exercise pay big dividends. The same goes for our individual and group decision-making approaches. Here are 5 key questions and suggestions for strengthening your team's decision-making processes.
Getting to a good decision on big issues is challenging. Navigating the discussions leading up to a decision however, often resembles something on the difficulty of slogging through the Amazonian jungles in search of a mythical lost city made of gold. If you survive the process, you are bound to come out a very different person. It doesn’t have to be so hard.
Every week, I share three thought-provoking management posts for the week. Fair warning: I take a broad view of management, so my selections will range from leadership to innovation to finance and personal development and beyond. This week's selections feature content on reinventing management, the strategic and practical implications of upgrade plans for consumer electronics products and some guidance on improving our decision-making by better utilizing outside advisors. Enjoy!
Part 1 of this series emphasized the importance of developing, updating and referencing a Decision Journal as part of your program to improve your decision-making effectiveness. In Part 2, we focus on understanding a bit more about how we make decisions, and I introduce the topic of decision traps.
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.
The major “people mistakes” of my career have occurred as a result of investing too much time and effort in trying to change people. As leaders, we can enable change. We can help people that want to change. But trying to change people on our own is ultimately a fool’s errand.
There are few situations more challenging to teams than dealing with a tough, emotionally-charged issue and decision-choice while facing significant time pressure and seemingly contradictory data. If that type of situation sounds uncommon or unrealistic, consider that many firms and management teams make critical priority calls and strategic choices under just such circumstances. The decision to launch Challenger was a prime example, with all three factors playing a huge role in this tragic call. Countless corporate strategic misfires owe their outcome to this triple-threat of data, time and emotion. While many situations don’t involve life-safety issues, this triple-threat is something that every manager should be critically sensitive to in their group and strategic decision-making.
Groupthink is one of the nefarious decision-making missteps of teams, and a trap that many smart people and groups have fallen victim to throughout history. From the classic example cited in nearly every discussion on decision-making, the Kennedy administration’s Bay of Pigs fiasco, to Ford’s launch of the Edsel, to Neviille Chamberlin’s inner circle that believed peace with Hitler was at hand, Groupthink has earned a prominent place in our culture. And while you might not be planning an invasion or negotiation with evil dictators or planning on launching an ugly automobile, chances are that Groupthink has show up from time to time in your professional world.
