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Decisions are made on a daily basis, and it almost goes without saying that decision-making is one of the most crucial aspects of leadership. Some decisions are easy, such as what to wear, or where to go to lunch. But, some are more complex and require deeper thought and strategy. Mistakes are often made along the path to the decision. And, surprisingly, research shows that how bosses make decisions is just as important as what decisions they make. It’s imperative that leaders carefully make a decision. Making good decisions is a method that must be learned. Not all are born with it. Therefore, when it comes to corporate leadership decisions, there are four important steps to follow to ensure a good decision is made.
Following these four steps will help to simplify your decision-making process. Decisions are often needed promptly, and because of that, things are missed, and the wrong decision can be made. Involve your team and other key decision-makers, if necessary. Be transparent throughout the entire process. Transparency builds credibility and trust. As a decision-maker, you want to ensure you have both in your organization.
To summarize, “a significant part of decision-making skills is understanding and knowing a simple technique; and also regularly practicing that technique.” Remember to follow these four simple steps for effective decision-making and share results along the way. The path will lead you to a successful final decision.
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