How Effective Executives Master Decision Making: On any given day, an executive is tasked with making important decisions on behalf of themselves and their teams at an accelerated pace. From solving qualms between team members to deciding how much of the budget to allocate to a given initiative and coming up with ideas to revamp the current process, an executive’s job is contingent on solving problems and making decisions.
To learn more about how the most effective executives approach their daily challenges, check out the following article brought to you by Arden Coaching.
They Know and Challenge Their Personal Process
Every executive has a personal decision-making strategy. Effective decision makers know the ins and outs of their current process and understand when their method works and when it doesn’t.
But knowing you process can only take an executive so far. When great execs arrive at a situation where they know their preferred method doesn’t work, they don’t settle but instead see this as an opportunity to develop their process even further. Instead of resting on their laurels and jeopardizing effectiveness, effective executives revise their style or try on a new approach to navigate this unknown territory.
They Make Value-Driven Decisions
Every decision that an executive makes should fall in line with their mission statement. A leader’s value set shouldn’t be just a phrase on their office wall that goes unnoticed. Say, for example, if integrity is one of these values and you make decisions regardless of moral principles, you’re not using your executive judgement wisely.
Effective execs live by the values that they and their organization uphold. Each time they’re tasked with a challenge, they use these values as a guiding force.
They Keep Strategic Perspective
What impact will your decision have on those directly involved? Those outside the situation? Your company’s culture and its progression?
Executives on the ball keep a strategic perspective; they see further than others occupied in individual tasks; they know how one decision they make will affect another and use this sense of foresight to inform all of their options.
They Don’t Make All of the Decisions
Effective executives also know their bounds when it comes to decision making. They realize that when the call is made for a decision that can be delegated, they don’t limit themselves to being the sole decision maker.
A company leader should trust their team to make decisions, too, and understand how to set the parameters when delegating a task or project to ensure a successful outcome.
They Know When to Ask for Help
An effective executive is creative and quick when it comes to analyzing the situation at hand to literally make the executive decision. But even top execs need to refresh their perspectives occasionally.
By evaluating an executive’s current line of thinking and helping them make way for new, more effective possibilities and strategies, Arden coaches are known for cultivating positive change in their clients. If you feel as though your current decision-making process needs to be shaken up, contact Arden Coaching to speak to one of our esteemed coaches about the personal and company-wide benefits of partnering with an Arden coach.