How leaders make decisions

Leaders understand the complexity of making decisions. Their decisions must always align with these three dimensions:

  1. Ethics
  2. Morals
  3. Responsibilities of their role

To no one's surprise, these elements come into dispute from time to time. When this occurs, there are no simple answers but by closely considering these three aspects, leaders will go on confidently that the choices they make represent the best possible compromise between their values.

James E. (@jam_iee) - Profile Photo

@jam_iee

🧐

Problem Solving

hbr.org

MORE IDEAS FROM THE ARTICLE

After making a big decision it is crucial to ask yourself:

  • Was I being completely honest with myself in my earlier articulation of my values?
  • What values do put first and at whose expense will my values affect?

Allow yourself to reconcile any inconsistencies and any dilemmas you might still have within yourself. Understand that you are allowing yourself to explore your own decision-making thought process which can make you a better decision maker to the next challenge you face.

As a leader it is also important to check whether the problem that you are currently facing has been faced by other before. By researching about the answer given by the company and what was the public's opinion regarding it.

You should be able to identify whether the decision you are about to make will fully align with your ethics, moral, and role responsibilities. Is there a need to adjust anything from your perspective? Always make sure to evaluate yourself before doing anything rash.

Being able to comprehend who you are and what kind of leader you are is important to cover the three dimensions of making decisions.

To know who you are as a leader try asking yourself these:

  • Am I the leader I wanted to be before I acquired this position? What are my values?
  • What are the values of the company I am representing? Is it looking to maximize value?
  • What are my obligations as a leader and which should be held accountable towards me?

Once you've gotten to know who you are as a leader and you've evaluated you decision. It is time to strategize a way on how you'll be able to reveal your decision.

You need to keep in mind that there will be times where you have to stand your ground with the decision. Acknowledge that you should sort out all the inconsistencies that could happen when communicating. It is important to make sure that the audience will be able to understand the why's and the how's.

Deepstash helps you become inspired, wiser and productive, through bite-sized ideas from the best articles, books and videos out there.

GET THE APP:

RELATED IDEAS

Describing Morality

Morality is a set of standards that help people to live cooperatively in groups. Morality is not fixed. What is acceptable in one culture might not be admissible in another culture.

Sometimes, acting in a moral manner means individuals must sacrifice their short-term interests to benefit society. Individuals who don't do this may be considered immoral.

One of the reasons why Stoicis...
One of the reasons why Stoicism is enjoying a revival today is that it gives concrete answers to moral questions.

Companies are leveraging data and artificial intelligence to create scalable solutions — but they’re also scaling their reputational, regulatory, and legal risks. 

  • Los Angeles is suing IBM for allegedly misappropriating data it collected with its ubiquitous weather app.
  • Optum is being investigated by regulators for creating an algorithm that allegedly recommended that doctors and nurses pay more attention to white patients than to sicker black patients.
  • Goldman Sachs is being investigated by regulators for using an AI algorithm that allegedly discriminated against women by granting larger credit limits to men than women on their Apple cards.
  • Facebook infamously granted Cambridge Analytica, a political firm, access to the personal data of more than 50 million users.

❤️ Brainstash Inc.