Effective Decision Making: How Fast Is Too Fast?
Fast decision-makers: who are they?
How does fast decision-making impact your performance?
Tips to slow down decisions
- Decide on data. Determine up front all the information needed to make an informed decision and get agreement from all team members.
- Use your data-lovers. There will always be those who thrive on spreadsheets and databases. Put their expertise to good use and let them comb through the data.
- Ask questions. You don't have to incorporate every idea, but listening to all of your team members will ensure a better decision in the end.
- Value your slow decision makers. Check in with them about how they feel regarding the project's process and progress. Make sure all team members feel included in the process and have an opportunity to add their input.
Making a decision too slowly can be just as damaging to your success as a leader. Be aware of the dangers of getting bogged down in detail. A lot of things go into how we make decisions, from personal experience to personality. But good decision making skills can be learned. Don't let a tendency to rush things hold you back.