How Effective Leaders Decide About Deciding - Deepstash
How Effective Leaders Decide About Deciding

How Effective Leaders Decide About Deciding

Curated from: sloanreview.mit.edu

Ideas, facts & insights covering these topics:

1 idea

Ā·

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1

How to help your team make decisions

How to help your team make decisions

If we put the decisions on a 2x2 based on stakes & urgency:

  • Low stakes&urgency: Decide without me.Ā Ur job is to help establish missions, not to micromanage.
  • Low stakes, but urgent:Ā Inform on progress. Watching project develop without you.Ā 
  • High stakes, no urgency: Propose for approval.Ā Most approvals can be addressed in our quarterly planning meetings.
  • High stakes&urgency:Ā Escalate immediately. These include scenarios where there are major risks to the strategic plan, changes in governance, shifts in the market, threats to data security or physical security etc.

53

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IDEAS CURATED BY

vladimir

Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.

CURATOR'S NOTE

Interesting framework on making decisions inside of the team.

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