Critical Decision-Making Keys for Organizations
Updated: Aug 3, 2020
Decisions, decisions. Sound decision-making is a critical tool of any organization and is directly related to its success. Whether you're an entry-level staff, mid-level manager or executive leader within a company, knowing the skills to make the best decisions will positively impact your work environment. So, why is decision making so difficult for some and how can pitfalls of poor decision making be avoided? To make sound decisions, looking at poor decision making is a good place to begin. Poor decisions are based on some of the following issues:
1) Lack of relative, valid information and full understanding of how the parts work as a whole. When choosing not to look at information or only a part of the data known; this automatically creates a risky outcome because only a piece of the pie is being considered.
2) Lack of desire to take necessary action to make an informed choice. Some people make reactive and emotionally charged choices to avoid having to do the work of making a good choice. When these types of decisions are made in haste, the decider suffers from the need to quickly move on to the next task at hand and can cause suffering for those impacted by the situation.
3) Lack of the individual making the decision to be confident in making a choice for fear of making the wrong choice. Confidence is a platform for possibility. The lack of confidence in an individual to make a choice, even when the choice is risky puts others in a tailspin, thus causing other situations to present themselves and perhaps pushes for other decisions to be made that could have been avoided on the outset.
4) Indecision = NO DECISION. This is probably the worst offender of them all. Indecision comes from a place of fear and so the individual fails to make ANY choice at all and causing a "wavering" effect. As a leader, wavering can cause a culture that provides confusion on vision and direction for staff.
Overcoming these issues is possible and can be done one decision at a time. Here's a few tips on how:
1) ALWAYS commit to looking at all data and understanding the situation at-hand. This will provide less risk overall once these things have been established. Choosing to not consider all angles or opinions increases risk of the outcome which your decision will produce.
2) Understand what outcome is desired. If it's not clear what outcome is needed or wanted, then arriving at a choice will be even more challenging. Sometimes in the workplace you'll arrive at decisions by group-think and other decisions will be arrived at by one person's authoritative role. Knowing which type of decision that is being made will help guide and reveal the desired result.
3) Set a deadline for when a decision will be made. I cannot emphasize this enough. Yes, there will be times that you need to make a quick decision, I'm not referencing these. I'm talking about the times where you know you need to say cut your budget, lay-off an employee or determine how you'll finance a business further. Setting a deadline keeps you accountable for making the best choice and will help others that require their participation to be on-board in the long-haul.
When you are faced with making a decision and you understand there is always various risk levels involved with the outcome of a choice, fear will be released. Taking the time, effort and data evaluation to methodically make a decision will help elevate an organization, its staff and ultimately translate into future success. #decisionmaking #business #bestpractices #leadership #productivity #workplace #humanresources #executive