This podcast discusses the importance of good decision making skills and introduces the eight factors of great decision makers. It emphasizes the benefits of considering multiple options, pre-deciding, and making decisions with underperforming team members. It also highlights the importance of delegating decisions and increasing tolerance for mistakes.
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Quick takeaways
Avoid making permanent decisions based on temporary emotions and seek advice from an objective third party for clarity.
Delegating decisions and authority is crucial for leadership development and fosters a culture of innovation and growth.
Deep dives
The importance of strategic decision making
Strategic decision making is crucial for personal and professional success as it determines the quality of our lives. However, many individuals struggle with effective decision making. By avoiding either-or scenarios and expanding options, we can enhance our decision making abilities. The speaker advises against making permanent decisions based on temporary emotions and highlights the significance of the decision-making process. Additionally, a resource called 'Think Ahead: Seven Decisions You Can Make Today for the Life You Want Tomorrow' is recommended for further guidance.
Deciding when to decide and becoming your own advisor
To improve decision making, the speaker suggests deciding when to make decisions and delegating decisions whenever possible. Procrastination is identified as a barrier to progress, and the speaker encourages actively setting aside designated decision-making time. Furthermore, becoming one's own advisor and seeking advice from the perspective of an objective third party can help separate emotions from the decision-making process and provide clarity. Questions like 'What would a great leader do?' and 'What would my successor do?' offer new insights and objectivity.
Delegate decisions and increase tolerance for mistakes
Delegating decisions and authority is essential for leadership development and growth of an organization. Although delegating decisions may carry risks, not delegating decisions can limit the potential for leadership development. Increasing tolerance for mistakes is necessary to foster a culture of innovation and growth as risk-taking is inherent in progress. While failure is a possibility, setbacks are a part of the journey towards success. It is emphasized that even when delegating decisions, leaders remain responsible for the outcomes and should support and guide their team to ensure success.
The quality of your decisions determines the direction of your life—if you want to grow as a leader, grow in your decision making. In part one, Craig outlines five of the eight factors of great decision makers. (Catch the exclusive bonus episode, too!)
Watch video and download the leader guide: https://www.life.church/leadershippodcast/8-habits-of-great-decision-makers-part-1
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