Wednesday, October 31, 2018
Decision-Making Solutions
Leaders can use three primary tactics to overcome decision-impairing roadblocks:
- Minimize the level of uncertainty.
- Raise their comfort level with unavoidable uncertainties (perhaps harder to adopt).
- Refine their thinking to process information better and draw reasonable conclusions.
Each strategy contributes to a sturdy foundation for making choices, pointing the way to higher levels of knowledge, improvement and expertise. Leaders can thereby bolster their confidence and heighten their ability to make better decisions.
Notice that the first tactic doesn't focus on eliminating uncertainty. Virtually all decisions carry some degree of uncertainty. If a situation is 100% certain, it wouldn't require much of a decision (or a seasoned leader to make it).
Minimizing uncertainty requires the most accurate information available. Leaders can turn unknowns into facts by asking questions and considering as many angles as possible. Thinking outside the norm helps identify obscure issues. There should be no instances of "we never thought of that." Great leaders take advantage of an experienced team to address relevant issues. Trying to attack decisions alone never matches collective brainpower.
McKinsey's consultants advise leaders to remember they needn't know everything. Strong leaders tap the resources at their disposal and admit they can't do everything themselves. Such transparency also raises the trust they earn. Greater support from respectful followers eases trying to be right, as our culture defines it. Good decisions can still go awry, and a poor outcome doesn't mean a decision (or leader) was bad. There are too many factors at work behind the scenes, some of which are truly out of your control. Clearer thinking takes this into account and allows greater satisfaction in making the best possible decisions.
Leaders known for their good decisions employ the approaches discussed here, maximizing their certainty, clarifying their thinking and enhancing their confidence. Their decisions benefit their organizations, in lieu of themselves, and garner the respect and trust that seem to be sorely lacking today.
Dr. Maynard Brusman
Consulting Psychologist amp; Executive Coach
Trusted Leadership Advisor
Professional Certified Coach (PCC), International Coach Federation
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