When faced with a tight deadline, many leaders just go with their gut. How can you avoid bad moves in decision-making, and feel confident that you are making the best decision?
Don’t rely on intuition alone. Overconfidence in your own intuition, can lead you to select data that supports your initial conclusion, rather than looking at the broader picture. Be more analytical and fact based in your approach.
Be aware of bias and realistically assess your knowledge of the situation, by bringing a range of data to the table. If you don’t have the time initially to get all the facts, be aware and open about this and factor it into your decision - allowing a review once a clearer picture is available.
Do a pre-mortem to deal with pitfalls before they happen. Look at why your decision may lead to failure, listing all the possibilities, and use this information to tweak the decision to avoid this outcome.
Review whether past experience offers a reliable platform to move forward from. Actions already taken can anchor subsequent thinking. Avoid the emotional response to believing previous decisions were correct and look from an outside perspective when addressing a new situation.
Be aware of emotional platforms that may sway your decisions. Open your eyes to blindspots. Understand who or what are the major sources of influence that may affect your objectivity.
Taking these extra steps when facing tough decisions can mean the difference between success and failure.
Leaders need to be aware that they may have surrounded themselves with people who think as they do. Everyone needs a challenger – so don’t shy away from opposition: embrace and encourage it for better decision-making.
About the author: Babette is a professionally accredited coach, with over 20 years of business experience including Executive Coaching, Mentoring and Training with executives from Australian and Global Fortune 500 Companies, Government Departments, and small to medium businesses. I am also a Master Energy Leadership Coach, accredited with the International Coaching Federation and qualified in Myer-Briggs Type Indicator (MBTI).
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