Marketing Tip: Here’s Some Great Secrets in Decision Making « ledgerleads_blog

Marketing Tip: Here’s Some Great Secrets in Decision Making



May 5th, 2016

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Decision-making is an essential leadership skill. All Leadership types are faced with numerous decisions that need to be made on a daily basis. Decision making skills equips you with the right tools to make successful choices in today’s dynamic business environment.

Making decisions can be challenging and difficult as they may involve change, unfavorable reactions, stress, pressure and uncertainty. Successful leaders effectively assess, categorize and respond to decisions in order to deliver exceptional long-term results. Decision-makers need to be able to organize, be driven, to solve problems, to collaborate, and lead to be successful. Leaders can be different and unique across organizations; however, great leaders have common similarities when it comes to decision-making.

Emotional self-control

Successful leaders learn to manage their emotions so that they are able to strategically look at the bigger picture and comprehend the long-term effect of their decision(s). Learning the skill of emotional self-control can restrict you from blinding your decision and allows you to clearly and calmly lead others to make appropriate decisions.

Balance: Be motivational and manage conflicts

Having an ‘open door policy’ will allow your team to feel confident and will encourage them to voice their opinions and points of view. Gaining the trust of your team members will go a long way to help managing conflict. Ultimately, when leaders hear all sides of the picture, they would be able to make better and more informed decisions.

Self-confidence versus ego

Decisions made by leaders based on personal agenda or best interests towards certain employees or departments can ultimately lead to bad decisions. In addition, egoist leaders are often unwilling to admit their bad decisions, which may lead to further damage and future mistakes.

Analytical and critical

Leaders will need to be able to breakdown a situation into individual parts in order to comprehend and analyze the true nature of what needs to be decided. This allows you to be able to understand the cause and effect of situations and understand the interconnecting variables that put you in the direction to confidently and intuitively reach the desired outcome. This can be further achieved through comprehensive research and derived from examples implemented in other organizations.

Experience and past mistakes

Effective and successful leaders have made bad decisions and from such have learned to make much better decisions in the future. What sets great leaders apart is their ability to develop, learn and take responsibility from past mistakes, which equips them with the skills to tackle future decisions.

Ability to make decisions

Great leaders know how much information is needed to gather to make and process a decision. They are also intuitively equipped with awareness about the importance of utilizing and weighing time efficiently to make a decision.

As the saying goes, ‘life can teach you a lot’. Past experience will mold the character of the leader, which thus will influence the decisions to be made. Once you have learnt the art of being a great leader, effective decision-making behaviors become one that is automatic and instinctual over time. Bad decisions can sometimes be unavoidable, however, what sets great leaders apart from others is that they respond quickly & appropriately, learn, take responsibility and push forward to avoid mistakes in the future.

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