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  • feedwordpress 08:00:13 on 2020/07/09 Permalink
    Tags: , , Decision Making, , , , , , ,   

    How to Know You’re About To Make A Bad Leadership Decision 


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    Do you know a successful leader who’s made bad decisions? The answer is almost certainly “yes.”

    Decision making is a big part of leadership, and strong leaders pride themselves on their judgment and decisiveness. But even the best of them have made bad decisions at some point—and some of those mistakes were preventable.

    Here are the top red flags that can warn you that you may be making a bad choice. Watch for them in your day-to-day decision making and if you see cause for concern, take some time to reconsider. No decision is without risk, but if you’re thoughtful and deliberate in your decision making, you’ll be right more often than not.

    If you don’t ask for other opinions. Many leaders make the mistake of thinking they have to make decisions on their own. But especially when you’re faced with an important decision, it’s smart to seek out the counsel of others. Talking through the issues with someone you trust can bring clarity and new insights.

    If you decide too quickly. We live in an age where everything seems to require an instant response. The need to make decisions on the fly can lead to mistakes even for the best leaders. Some situations require swift action, but whenever possible give yourself time to process and think.

    If you don’t have all the information you need. The devil is in the details, as the old saying goes, and it’s hard to make a sound decision when you don’t have access to information you need. Carry out your due diligence and do your research. You can’t remove uncertainty from decision making, but you can minimize it by making informed choices.

    If you only want to follow your gut. Many leaders pride themselves on following their gut instinct. For the best, those instincts are grounded in years of education and experience. For most of us, though, our instincts need backup. If all the evidence and facts point in one direction, and your gut disagrees, ask yourself if something else is at work—maybe denial, wishful thinking, or bias. In most situations where you’re facing a significant decision, trust your head more than your gut.

    If you’re too emotional. As a leader, your decisions may be bold, but they also need to be rational. Decisions based on emotion and carried out in the fervent heat of the moment may feel good in the short run, but they aren’t likely to bring good results. Especially if it’s an important decision, take a break and slow things down. Buy yourself some time to quiet your emotions and think things through.

    Making good decisions is not always easy, but heeding the warning signs can help keep you from making bad ones.

    Lead from within: We all make choices, and in the end our choices make us who we are as leaders.

     


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    What Gets Between You and Your Greatness


    After decades of coaching powerful executives around the world, Lolly Daskal has observed that leaders rise to their positions relying on a specific set of values and traits. But in time, every executive reaches a point when their performance suffers and failure persists. Very few understand why or how to prevent it.

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    Photo Credit: iStockPhotos

    The post How to Know You’re About To Make A Bad Leadership Decision appeared first on Lolly Daskal.

     
  • feedwordpress 09:00:40 on 2018/11/06 Permalink
    Tags: , Decision Making, , , , , , ,   

    The Surprising Truth About Leadership 


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    There’s a common thread in top leadership that surprises most people—and in some cases makes them rethink what they know about leadership.

    When you think of successful leaders you probably think of people who are decisive. The ability to make a decision quickly and without waffling is one of the keystones of leadership.

    But leaders change their minds every day, even at the risk of being branded indecisive or a waffler. Here’s the difference: They don’t back off a decision just because they have second thoughts. They understand when a change of plan is warranted. And sometimes they take decisive action by reversing their earlier decision.

    Here are some of the top circumstances when the best practice is to reconsider a decision:

    New information emerges. Sometimes new information shows up that changes the context of a decision entirely. It may be something that was impossible to foresee, or it may be something you or your team failed to pick up on. When that happens, don’t think in terms of blame but take the new information and integrate it into the decision-making process. Later you can revisit ways to make sure your research is thorough.

    The situation becomes unpredictable or unstable. In today’s uncertain marketplace and political climate, situations can go from stable to chaotic in the blink of an eye. When that happens, it’s wise to reassess decisions that are influenced by the instability and change position if need be. There’s no virtue in steadfastly sticking to a position when everything around you has changed.

    Feedback suggests it. A bold decision may be theoretically sound, but sometimes in the light of day it turns out to be unworkable in practice. If early feedback suggests that a plan isn’t working—for whatever reason—it’s wise to listen and make changes where necessary. Always listen to those who know best: those who are out in the field every day, whether team members or clients.

    It’s time to wait. Once you’re into the thick of something, the clear choice may be to do nothing at all for now. It’s not a matter of reversing a decision in this case, but of delaying its implementation until conditions improve or the surrounding issues become clearer. Despite the pressure leaders feel to be bold and act decisively, doing nothing is preferable to making a disastrous choice. If waiting can give you an edge, wait.

    Let’s honor those leaders who are forward-thinking enough to correct their course, pivot or wait even though they risk their reputations by having people think they are indecisive. Sometimes you need to change your mind, and that’s OK.

    Lead from within: Successful leaders are able to make shifts in their thinking because they never stop looking for ways to improve the end result.


     

    N A T I O N A L   B E S T S E L L E R
    The Leadership Gap: What Gets Between You and Your Greatness

    After decades of coaching powerful executives around the world, Lolly Daskal has observed that leaders rise to their positions relying on a specific set of values and traits. But in time, every executive reaches a point when their performance suffers and failure persists. Very few understand why or how to prevent it.

    buy now

     


    Additional Reading you might enjoy:

     

    Photo Credit: iStockPhotos

    The post The Surprising Truth About Leadership appeared first on Lolly Daskal.

     
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