# data[].attributes.body
TIPS TO IMPROVE DECISION MAKING

# data[].attributes.attachment_link.title
Tips to Improve the Decision Making Process

# data[].attributes.attachment_link.description
Good decisions help in generating new ideas and innovations; timely decisions help in improving the processes and products at the right time.http://bit.ly/tGOmMx

# data[].attributes.body
DECISION MAKING STYLE

# data[].attributes.body
DECISION MAKING PROSES

# data[].attributes.body
DECISION MAKING

# data[].attributes.attachment_link.title
Decision Making Process: How Consumers Make Buying Decision? (Episode 8 : S1)

# data[].attributes.body
DECISION OH DECISION

# data[].attributes.attachment_link.description
Casey and Reece talk about making choices and decisions. This is a DVD designed to teach young people with intellectual disability about choice and decision making.

# data[].attributes.body
DECISION MAKING PROCESS

# data[].attributes.body
DECISON MAKING SKILLS AND TECHNIQUE GUIDES

# data[].attributes.body
6 TIPS FOR MAKING BETTER DECISIONS

# data[].attributes.attachment_link.readable_text
The one thing everyone on the planet has in common is the undeniable fact we've all made our fair share of regrettable decisions. Show me someone who hasn't made a bad decision and I'll show you someone who is either not being honest, or someone who avoids decisioning at all costs. Making sound decisions is a skill set that needs to be developed like any other. As a person who works with CEOs on a daily basis, I can tell you with great certainty all leaders are not created equal when it comes to the competency of their decisioning skills. Nothing will test your leadership mettle more than your ability to make decisions.

Why do leaders fail? They make poor choices that lead to bad decisions. And in some cases they compound bad decision upon bad decision. You cannot separate leadership from decisioning, for like it or not, they are inexorably linked. Put simply, the outcome of a leader's choices and decisions can, and usually will, make or break them. The fact of the matter is that senior executives who rise to the C-suite do so largely based upon their ability to consistently make sound decisions. What most fail to realize is while it may take years of solid decision making to reach the boardroom, it often times only takes one bad decision to fall from the ivory tower. As much as you may wish it wasn't so, when it comes to being a leader you're really only as good as your last decision.

Here's the thing - even leaders who don't fail make bad decisions from time-to-time. When I reflect back upon the poor decisions I've made, it's not that I wasn't capable of making the correct decision, but for whatever reason I failed to use sound decisioning methodology. Gut instincts can only take you so far in life, and anyone who operates outside of a sound decisioning framework will eventually fall prey to an act of oversight, misinformation, misunderstanding, manipulation, impulsivity or some other negative influencing factor.

The first key in understanding how to make great decisions is learning how to synthesize the overwhelming amount incoming information leaders must deal with on a daily basis, while making the best decisions possible in a timely fashion. The key to dealing with the voluminous amounts of information is as simple as becoming discerning surrounding the filtering of various inputs.

Understanding that a hierarchy of knowledge exists is critically important when attempting to make prudent decisions. News Flash - not all inputs should weigh equally in one's decisioning process. By developing a qualitative and quantitative filtering mechanism for your decisioning process you can make better decisions in a shorter period of time. The hierarchy of knowledge is as follows:

Gut Instincts: This is an experiential and/or emotional filter that may often times have no current underpinning of hard analytical support. That said, in absence of other decisioning filters it can sometimes be all a person has to go on when making a decision. Even when more refined analytics are available, your instincts can often provide a very valuable gut check against the reasonability or bias of other inputs. The big take away here is that intuitive decisioning can be refined and improved. My advice is to actually work at becoming very discerning.

Data: Raw data is comprised of disparate facts, statistics, or random inputs that in-and-of-themselves hold little value. Making conclusions based on data in its raw form will lead to flawed decisions based on incomplete data sets.

Information: Information is simply an evolved, or more complete data set. Information is therefore derived from a collection of processed data where context and meaning have been added to disparate facts which allow for a more thorough analysis.

Knowledge: Knowledge is information that has been refined by analysis such that it has been assimilated, tested and/or validated. Most importantly, knowledge is actionable with a high degree of accuracy because proof of concept exists.

Even though people often treat theory and opinion as fact, they are not one and the same. I have witnessed many a savvy executive blur the lines between fact and fiction resulting in an ill advised decision when decisions are made under extreme pressure and outside of a sound decisioning framework. Decisions made at the gut instinct or data level can be made quickly, but offer a higher level of risk. Decisioning at the information level affords a higher degree of risk management, but are still not as safe as those decisions based upon actionable knowledge.

Another aspect that needs to be factored into the decisioning process is the of the input. I believe it was Cyrus the Great who said " diversity in counsel, unity in command " meaning that good leaders seek the counsel of others, but maintain control over the final decision. While most successful leaders subscribe to this theory, the real question in not whether you should seek counsel, but in fact where, and how much counsel you should seek. You see more input, or the wrong input, doesn't necessarily add value to a decisioning process. Volume for the sake of volume will only tend to confuse matters, and seeking input from sources that can't offer significant contributions is likely a waste of time. Two other issues that should be considered in your decisioning process as they relate to the source of input are as follows:

1. Credibility: What is the track record of your source? Is the source reliable and credible? Are they delivering data, information or knowledge? Will the source tell you what you want to hear, what they want you to hear, or will they provide the unedited version of cold hard truth?

2. Bias: Are there any hidden and/or competing agendas that are coloring the input being received? Is the input being provided for the benefit of the source or the benefit of the enterprise?

The complexity of the current business landscape, combined with ever increasing expectations of performance, and the speed at which decisions must be made, are a potential recipe for disaster for today's executive unless a defined methodology for decisioning is put into place. If you incorporate the following metrics into your decisioning framework you will minimize the chances of making a bad decision:

1. Perform a Situation Analysis: What is motivating the need for a decision? What would happen if no decision is made? Who will the decision impact (both directly and indirectly)? What data, analytics, research, or supporting information do you have to validate the inclinations driving your decision?

2. Subject your Decision to Public Scrutiny: There are no private decisions. Sooner or later the details surrounding any decision will likely come out. If your decision were printed on the front page of the newspaper how would you feel? What would your family think of your decision? How would your shareholders and employees feel about your decision? Have you sought counsel and/or feedback before making your decision?

3. Conduct a Cost/Benefit Analysis: Do the potential benefits derived from the decision justify the expected costs? What if the costs exceed projections, and the benefits fall short of projections?

4. Assess the Risk/Reward Ratio: What are all the possible rewards, and when contrasted with all the potential risks are the odds in your favor, or are they stacked against you?

5. Assess Whether it is the Right Thing To Do: Standing behind decisions that everyone supports doesn't particularly require a lot of chutzpah. On the other hand, standing behind what one believes is the right decision in the face of tremendous controversy is the stuff great leaders are made of. My wife has always told me that "you can't go wrong by going right," and as usual, I find her advice to be spot on. There are many areas where compromise yields significant benefits, but your value system, your character, or your integrity should never be compromised.

6. Make The Decision: Perhaps most importantly, you must have a bias toward action, and be willing to make the decision. Moreover, you must learn to make the best decision possible even if you possess an incomplete data set. Don't fall prey to analysis paralysis, but rather make the best decision possible with the information at hand using some of the methods mentioned above. Opportunities and not static, and the law of diminishing returns applies to most opportunities in that the longer you wait to seize the opportunity the smaller the return typically is. In fact, more likely is the case that the opportunity will completely evaporate if you wait too long to seize it.

7. Bonus - Always have a back-up plan: The real test of a leader is what happens in the moments following the realization they've made the wrong decision. Great leaders understand all plans are made up of both constants and variables, and that sometimes the variables work against you. Smart leaders always have a contingency plan knowing circumstances can sometimes fall beyond the boundaries of reason or control - no "Plan B" equals a flawed plan.

If you have any other advice and/or suggestions about how to make better decisions, please share them in the comments section below...

Follow me on Twitter @mikemyatt

# data[].attributes.attachment_link.description
The one thing everyone on the planet has in common is the undeniable fact we've all made our fair share of regrettable decisions. Show me someone who hasn't made a bad decision and I'll show you someone who is either not being honest, or someone who avoids decisioning at all [...]

# data[].attributes.body
DECISION MAKING

# data[].attributes.attachment_link.title
How to Make Decisions: Making the Best Possible Choices

# data[].attributes.attachment_link.description
Use this seven-step process to make decisions in a balanced, impartial and comprehensive way.situations.

# data[].attributes.body
making decision is base on the problem we fafe

# data[].attributes.body
DECISION MAKING PROCESS

# data[].attributes.attachment_link.description
Hello Guys!! This video is basically for my individual assignment under subject Management Information System. The video generally show the steps on how we make the decision. Enjoy watching!!

# data[].attributes.body
DECISION MAKING SKILLS

# data[].attributes.attachment_link.description
Decisions are a part of daily life. Take our short quiz to assess your current decision-making practices, and find out how you can improve.

# data[].attributes.body
How to make the Right Choice / The Three Effective Decision Making.

# data[].attributes.attachment_link.entities[].name
Credit Suisse 's Head of Financial Strategies

# data[].attributes.attachment_link.entities[].name
The Neuroscience of Good Decision Making

# data[].attributes.attachment_link.title
Make the Right Choice: Three Steps to Effective Decision Making

# data[].attributes.attachment_link.description
Making an important decision is never easy, but making the right decision is even more challenging. Effective decision-making isn't just about accumulating information and going with what seems to make the most sense. Sometimes, internal biases can impact the way we seek out and process information, polluting the conclusions we reach in the process.

# data[].attributes.body
CHARACTERISTICS OF MANAGERIAL DECISIONS MAKING

1) Risk - Exist when the probability of success is less than 100 percent and losses may occur.

2) Uncertainty - Exist when decision makes have insufficient information to know the consequences of different actions.

3) Lack of structure - Consist of programmed decision and non programmed decision.

4) Conflict - Opposing pressures from different sources, occurring on the level of psychological conflict or of conflict between individuals or groups.

# data[].attributes.body
TIPS TO IMPROVE DECISION MAKING PROCESS

Watch the video in order to know about on how to improve our decision making process.

# data[].attributes.attachment_link.title
Tips to Improve the Decision Making Process

# data[].attributes.attachment_link.description
Good decisions help in generating new ideas and innovations; timely decisions help in improving the processes and products at the right time.http://bit.ly/tGOmMx

# data[].attributes.body
DECISION MAKING IN A CRISIS

There are four of them:

1) What kinds of crises could your company face?

2) Can your company detect a crisis in its early stages?

3) How will it manage a crisis if one occurs?

4) How can it benefit from a crisis after it has passed?

# data[].attributes.body
DEFINITION DECISION MAKING

Decision making is the thought process of selecting a logical choice from the available options.

In order to make a good decision, a person must weight the positives and negatives of each option, and consider all the alternatives. For effective decision making, a person must be able to forecast the outcome of each option as well, and based on all these items, determine which option is the best for that particular situation.

# data[].attributes.body
DECISION MAKING

# data[].attributes.attachment_link.readable_text
Managerial decision-making involves a systematic thought process.

man thinking image by forca from Fotolia.com

Small business owners and managers make decisions on a daily basis, addressing everything from day-to-day operational issues to long-range strategic planning. The decision-making process of a manager can be broken down into six distinct steps. Although each step can be examined at length, managers often run through all of the steps quickly when making decisions. Understanding the process of managerial decision-making can improve your decision-making effectiveness.

Identify Problems

The first step in the process is to recognize that there is a decision to be made. Decisions are not made arbitrarily; they result from an attempt to address a specific problem, need or opportunity.

A supervisor in a retail shop may realize that he has too many employees on the floor compared with the day's current sales volume, for example, requiring him to make a decision to keep costs under control.

Seek Information

Managers seek out a range of information to clarify their options once they have identified an issue that requires a decision. Managers may seek to determine potential causes of a problem, the people and processes involved in the issue and any constraints placed on the decision-making process.

Brainstorm Solutions

Having a more complete understanding of the issue at hand, managers move on to make a list of potential solutions. This step can involve anything from a few seconds of though to a few months or more of formal collaborative planning, depending on the nature of the decision.

Choose an Alternative

Managers weigh the pros and cons of each potential solution, seek additional information if needed and select the option they feel has the best chance of success at the least cost. Consider seeking outside advice if you have gone through all the previous steps on your own; asking for a second opinion can provide a new perspective on the problem and your potential solutions.

Implement the Plan

There is no time to second guess yourself when you put your decision into action. Once you have committed to putting a specific solution in place, get all of your employees on board and put the decision into action with conviction. That is not to say that a managerial decision cannot change after it has been enacted; savvy managers put monitoring systems in place to evaluate the outcomes of their decisions.

Evaluate Outcomes

Even the most experienced business owners can learn from their mistakes. Always monitor the results of strategic decisions you make as a small business owner; be ready to adapt your plan as necessary, or to switch to another potential solution if your chosen solution does not work out the way you expected.

About the Author

David Ingram has written for multiple publications since 2009, including "The Houston Chronicle" and online at Business.com. As a small-business owner, Ingram regularly confronts modern issues in management, marketing, finance and business law. He has earned a Bachelor of Arts in management from Walsh University.

# data[].attributes.attachment_link.title
What Are the Steps in the Decision-Making Process of a Manager?

# data[].attributes.attachment_link.description
Small business owners and managers make decisions on a daily basis, addressing everything from day-to-day operational issues to long-range strategic planning. The decision-making process of a manager can be broken down into six distinct steps. Although each step can be examined at length, managers often run through all of the steps quickly when making decisions.

# data[].attributes.body
THE PHASES OF DECISION MAKING

# data[].attributes.body
Working through this process systematically will reduce the likelihood of overlooking important factors. Our seven-step approach takes this into account:

1. Create a constructive environment.

2. Investigate the situation in detail.

3. Generate good alternatives.

4. Explore your options.

5. Select the best solution.

6. Evaluate your plan.

7. Communicate your decision, and take action.

# data[].attributes.body
TYPES OF OPPORTUNITIES TO BE A LEADER IN AN ORGANIZATION

# data[].attributes.body
SIMILARITIES BETWEEN CHARISMATIC LEADERSHIP AND TRANSFORMATIONAL LEADERSHIP.

The reason for this is because they are similar in some ways. Both leadership styles inspire followers to give their very best efforts when working toward the goals that are set. Both types bring energy and excitement to their groups.

# data[].attributes.body
ARE YOU A GOOD LEADER ? BE THE BEST.

# data[].attributes.body
LEADERSHIP SKILLS

# data[].attributes.body
HOW TO FIND OUT YOUR STYLE OF LEADERSHIP

# data[].attributes.body
LEADERSHIP BODY L

# data[].attributes.attachment_link.description
Leadership body language. The relationship between body language and leadership skills? This leadership video shows the power of an embodied approach to leadership from Mark Walsh, a specialist in leadership development through body being. http://integrationtraining.co.uk/embodiedmanagementtraining.html www.thebodyofleadership.com for lots more videos In this video, there are examples of observing body language and leadership embodied.

# data[].attributes.body
HOW TO BE A LEADER :)

# data[].attributes.attachment_link.title
Learn how to manage people and be a better leader

# data[].attributes.body
TIPS TO IMPROVE A LEADERSHIP SKILL

# data[].attributes.attachment_link.readable_text
Perhaps the most intimidating aspect of leadership is knowing that in addition to playing an important role in a team's success, leaders are held responsible for their team's failures.

(Do you feel stuck in your career? In this webinar, career expert J.T. O'Donnell will show you exactly what you can do get out of your career rut and into a more satisfying career.)

In order to obtain great results from their teams, leaders must be able to consistently motivate their team members.

Tips For Good Leadership Skills

As a new manager, the implementation of a positive work environment will not only yield great results from your team members, it will help you build confidence in your leadership skills. To help you excel in your new position, here are five tips that will transform your new job from a daunting uphill battle into an exciting opportunity:

1. Communication Is Key

Clear communication is an important part of any successful relationship, and the relationship between leader and team member is no different. Express your ideas clearly, making sure employees understand what you're asking of them. Create a conversation-friendly environment, and give employees the freedom to express their thoughts and concerns. Team members are more willing to trust a leader with whom they are able to openly communicate.

2. Wrong Can Be Right

Encourage creativity by allowing team members to be wrong. Making mistakes is an inherent part of the creative process. If employees know they won't be punished for coming up with an atypical idea or solution, they will be inspired to think outside the box and take more chances, leading to the creation of better, more innovative ideas.

3. Look Into The Future

Express your exceptional and positive vision for the future. A leader with a plan is the easiest leader to follow. Once aware of the team's goal, each member will strive to do his/her part to aid in the completion of the objective, thus ensuring not only the motivation of each individual, but the unification of your team as well.

4. Passion Is Contagious

Share your passion for your work with your team members. If a leader is enthusiastic and believes in the work, while recognizing the hurdles that the team will encounter, employees will continue to do the same. This is especially true in an environment rife with obstacles and results that aren't easily quantifiable, such as a school. As a principal, constant reiteration of a strong belief in the school's role in impacting the lives of young people can both unite and inspire the school's faculty and staff, even when faced with challenges.

5. Know Yourself

Identify your strengths and weaknesses. One helpful approach to this is feedback analysis, as outlined by Peter Drucker in " Managing Oneself" in the Harvard Business Review. Feedback analysis consists of writing down your expectations after making an important decision, and after nine or 12 months have passed, comparing what actually happened with your expectations. This helps leaders pinpoint exactly where they excelled and where they fell short, so they can improve upon their shortcomings in the future.

Devising an effective leadership strategy is an incredibly intimidating yet important part of being a new manager. By following these tips, you'll be able to stop obsessing over your efficacy as a leader and focus on the team's collective success.

P.S. If you're having trouble getting ahead at work, register for this free 20-minute webinar to find out how YOU can get out of your career rut.
This post was originally published at an earlier date.
Photo Credit: Shutterstock

Comments

comments

# data[].attributes.attachment_link.description
Perhaps the most intimidating aspect of leadership is knowing that in addition to playing an important role in a team's success, leaders are held responsible for their team's failures. (Do you feel stuck in your career? In this webinar, career expert J.T.

# data[].attributes.body
LEADERSHIP CHARACTERISTIC

# data[].attributes.attachment_link.description
What are you doing here? Possibly the hardest question to answer, but we can help. You will have to answer the question for yourself, but through our leadership development programs, we can help you discover your purpose. Leadership is about people, voice, learning, and action.

# data[].attributes.body
LEADERSHIP SKILL

# data[].attributes.body
INTERIM LEADERSHIP

LFB Consultancy is able to work with organisations wishing to establish free schools and academies in an ever changing climate of education. We offer innovative, leadership solutions to your specific leadership need. Our consultants have direct experience of transformation out of special measures. If clients require solution focused leadership combined with a coaching approach, we can tailor our consultancy work to the needs of schools and local authorities alike. Our Interim leadership rates offer affordable, change management with proven results.

# data[].attributes.body
LIST PERSONAL TRAITS AND SKILLS OF EFFECTIVE LEADERS

important leader characteristic include drive, leadership, motivation, integrity, and knowledge of the business. perhaps the most important skill is the ability to perceive the situation accurately and then change behavior accordingly.

# data[].attributes.body
Leader is the one who conduct the others

# data[].attributes.body
LEADERSHIP ATTRIBUTES

1) Unwavering Courage

2) Self-Control

3) A Keen Sense of Justice

4) Definiteness of Planes

5) The Habit of Doing More Than Paid For

6) A Pleasing Personality

7) Sympathy and Understanding

8) Mastery of Details

9) Willingness to Assume Full Responsibility

10) Cooperation

# data[].attributes.body
LEADER

a good leader teacher will bring life to the student/worker/..

# data[].attributes.attachment_link.description
There was a time when teaching new skills and processes was a sporadic task for leaders. With the onset of near-continuous change in today's organizations and marketplace, this is no longer the case. Today, leaders need to be continually equipping their team members with new capabilities. Teaching has become a critically important leadership practice.

# data[].attributes.body
CHARACTERISTICS OF A LEADER

1) Dominance

2) High Energy

3) Self-Confidence

4) Locus of Control

5) Stability (emotionally)

6) Integrity

7) Intelligence (problem solving)

8) Emotionally Intelligence

9) Flexibility

10) Sensitivity to others (understanding)

# data[].attributes.body
LEADERS AS A TEACHER

# data[].attributes.body
GREAT QUALITIES FOR A LEADER 1) Honesty

2) Communication skills

3) Sense of humor

4) Confindence

5) Commitment

6) Positive attitude

7) Creativity

8) Intuition

9) Ability to Inspire

10) Best advice.

# data[].attributes.body
KEY LEADERSHIP BEHAVIORS

In order to be a great leader, we must challenge the process, inspire a shared vision, enable others to act, model the way (show a good example) and encourage the heart (motivate group members.)

# data[].attributes.body
5 ways to be a Good Leader

# data[].attributes.attachment_link.description
Good leaders must be good role models, knowledgeable in their fields, and worthy of respect. There are many ways to lead, whether it's by taking on a leadership role at work, or being the captain of your sports team. Here are some tips to...

# data[].attributes.body
TYPES OF LEADERSHIP

There are 5 types of leadership:

1) Laissez-faire

2) Democratic leadership

3) Autocratic leadership

4) Transactional leadership

5) Transformational leadership

# data[].attributes.body
learn how to be better leadership

Aspire to be a better leader? Then you need to be a team player with the right character traits, interpersonal and communication skills.

# data[].attributes.attachment_link.title
Learn how to manage people and be a better leader

# data[].attributes.body
The important of Leadership

# data[].attributes.body
LEADERSHIP
WATCH THIS VIDEO FOR MOTIVATION

# data[].attributes.attachment_link.title
Motivational: The Leaders - short film for a great leader

# data[].attributes.body
What is leadership?

Leadership has been described as a process of social influence in which a person can enlist the aid and support of others in the accomplishment of a common task. For example, some understand a leader simply as somebody whom people follow, or as somebody who guides or directs others, while others define leadership as motivating and organizing a group of people to achieve a common needed.