Mastering the art and science of decision-making allows leaders... - Deepstash

Mastering the art and science of decision-making allows leaders to experience breakthrough growth. The more accurate their decisions, the more adept they become at steering their organization towards greatness.

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MORE IDEAS FROM If you want your leadership to have an impact, use this to make better decisions

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Learn from others' mistakes

Bad decisions never look like bad decisions at the moment.

So, a better strategy and faster way to stock up that "things to avoid" bin is learning from others' mistakes.

It amps up our effort to avoid making dumb decisions.

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  • Write down 3 existing company goals impacted by the decision;
  • Write down at least 3 realistic alternatives;
  • Write down the most important information you are missing;
  • Write down the impact your decision will have 1 year in the future;
  • Involve a team of 2-6 stakeholders;
  • Write down what was decided, as well as why and how much the team supports the decision;
  • Schedule a decision follow-up in one to two months.

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  • Logical decisions tend to trump emotional ones, since emotions can sometimes make us biased or see things in an inaccurate light.
  • Thought-out decisions tend to trump impulsive ones, because you've spent more time on the problem.
  • Flexible decisions tend to trump concrete ones. Some eventual degree of flexibility usually offers more adaptable options.

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