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Quick
Decisions: A sign of good leadership?
A good
leader makes quick decisions, right?
It
depends. In a crisis, decide fast. Otherwise decide more slowly, utilizing all
the time available.
Rudy
Giuliani, in his book
“Leadership” writes that “Even though leaders should take as much time as
available to make decisions, the process of making the decision should begin
immediately. If a decision is due in five days, the time to start researching
and considering the matter is now, not four days on.”
As soon
as you realize a decision must be made:
a.
Determine the window of opportunity. “By when does this decision need to be
made?” You will often find that you have more time than you thought. Ensuring
that the decision is made within this timeframe helps avoid the opposite
problem: ‘analysis paralysis.’
b.
Begin
immediately to clarify 1) your objectives and 2) the options and alternatives
that can help you reach your objectives. 3) the risks associated with each
alternative.
c.
Encourage debate amongst your team. Ask tough questions and challenge them.
Don’t take sides until the last minute when you are ready to decide.
More
below…
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More on
Decision Making…
Story: Colman Mockler and the Gillette Razor: Plastic or Steel?
In the
early 1980’s Gillette was losing market share to Bic’s plastic throwaway razors
and the company needed to decide how to compete.
Many in
the organization believed that Gillette should compete head-to-head with their
own lines of disposable razors. Others felt the company should invest millions
of dollars to develop superior metal razors.
For nearly
two years CEO Colman Mockler let his people argue their positions. They debated
the facts, the trends and other information. Mockler refused to take sides.
Finally,
he decided: Gillette would invest in the development of sophisticated metal
razors. Taking all the time available helped him deeply understand the
dynamics. Mockler’s decision led directly to the development and legendary
success of Gillette’s “shaving systems” like the spring-mounted sensor and the
Mach 3.
Dov Gordon’s CEO Thought-Provoker Questions:
i.
Does
decision-making take too long in your organization? Or, conversely, do people
fail to utilize all the time they really have available for decision making?
ii.
Do you
ever fall into the trap of listening to the last or loudest voices, placing too
much weight on individual factors or making “decisions” that people aren’t
really committed to acting on?
iii.
Do team
members openly debate the facts and the factors – or are people afraid of
stepping on someone’s toes?
+++++++++
Dov Gordon
works with senior executives at small and mid-sized companies
around the world to help them take greater control over their businesses.
Client benefits include earning the trust and respect of their marketplace,
making better decisions, clarifying their strategy, sharpening their focus and
improving teamwork.
Need help with decision making?
Choosing a focus? Clarifying
your strategy? Improving team work?
Contact us. We can help you.
+++++++++
You may
republish and redistribute this article provided that you include (1) the full
article with the attribution at the end, (2) a link to
www.GordonGroupEC.com in the
attribution and (3) You must notify us
before you use this piece to confirm this is still available.
Please
email me your thoughts and feedback.
See our
recommended reading list at:
www.GordonGroupEC.com/books.html
Copyright 2005 © by Dov Gordon. All rights reserved. |