Leaders need to be prepared to make tough decisions. This is especially true in the case of CEOs who face the additional challenge of being the final decision makers in their organization. While most of you generally get your calls right, there may be mistakes at certain times. Read on for some common reasons that lead to wrong decisions and ways of tackling the same.
Why Leaders Fail while Making Tough Decisions
Femi Loye and Bolanle Loye, the owners and senior management consultants of FEBBS Solution, a company dedicated to the cause of offering successful business and management transformational programs, feel that most leaders fail in their attempts of making decisions as:
1. They are unwilling to listen/ get the right inputs before taking a call;
2. They believe that they are the only ones with the answers;
3. They find themselves paralyzed by the exceeding amount of inputs required for taking decisions in a particularly trying situation;
4. They lack confidence and are unsure of their abilities to take strategic calls;
5. They are concerned about upsetting others with their decision.
Tips that Work for Decision Makers
To ensure better results, those in the decision making position should:
1. Strive to get all possible inputs from every conceivable quarter;
2. Truly "listen to understand";
3. Be sensitive to people who may not be agreeable to their decisions;
4. Give themselves enough time before making a call;
5. Ensure that the decisions are not based on emotions, and so forth;
With the right inputs in place, achieving strategic and operational business goals can become an easy task for all leaders—including you.
Why Leaders Fail while Making Tough Decisions
Femi Loye and Bolanle Loye, the owners and senior management consultants of FEBBS Solution, a company dedicated to the cause of offering successful business and management transformational programs, feel that most leaders fail in their attempts of making decisions as:
1. They are unwilling to listen/ get the right inputs before taking a call;
2. They believe that they are the only ones with the answers;
3. They find themselves paralyzed by the exceeding amount of inputs required for taking decisions in a particularly trying situation;
4. They lack confidence and are unsure of their abilities to take strategic calls;
5. They are concerned about upsetting others with their decision.
Tips that Work for Decision Makers
To ensure better results, those in the decision making position should:
1. Strive to get all possible inputs from every conceivable quarter;
2. Truly "listen to understand";
3. Be sensitive to people who may not be agreeable to their decisions;
4. Give themselves enough time before making a call;
5. Ensure that the decisions are not based on emotions, and so forth;
With the right inputs in place, achieving strategic and operational business goals can become an easy task for all leaders—including you.
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