It’s hard to believe we’re in the homestretch of the year, although if you’re like most executives, you know that the coming weeks are anything but easy. There are deadlines, quotas, budgets, holidays—everything combined is a lot for even the most seasoned leader. With the average American making at least 122 decisions daily, it’s safe to say it can be especially overwhelming for the C-Suite.
What Type Of Decision Maker Are You?
Perhaps you’re driven by data, or maybe you rely more on a gut instinct. There are many ways leaders reach a decision, so knowing how you process information can lead to better execution and more reliable outcomes. The five different types of decision-makers are outlined as follows:
Conceptual decision-making style: These individuals are a combination of risk-takers and long-term solution finders, weighing all options before arriving at a conclusion.
Analytical decision-making style: Using data-driven facts void of emotion or instinct, these individuals seek logic and rational explanations for their decisions.
Directive decision-making style: These leaders rely on industry expertise and real-life experience to accurately assess situations.
Behavioral decision-making style: By seeking input from team members, these individuals value the group-making process and believe the sum of the institution is greater than its parts.
Delegating decision-making style: A delegating approach gives responsibility to other team members, freeing up time and stress. This allows leaders to focus their attention on more pressing business matters.
The best leaders possess a combination of multiple processing styles, providing a healthy balance to their thinking and rationale.
Ready to reduce stress and feel more confident about work-related choices? Here are a few ways to streamline decision-making in the coming year.
Curate Your Team
You can’t be everywhere at once, so allow your team to serve as your eyes and ears. Build a group of trusted confidants to delegate for certain situations, freeing up your time for more pressing issues. Ask these individuals to share their thoughts on how things stand and what needs improvement. Plus, getting insight from a diversified group offers new perspectives on the inner workings of your organization.
Pay Attention To The Numbers
Get in the habit of routinely familiarizing yourself with data. Ask for input from others and a deeper analysis as needed. Examine past areas of success and failure to aid in future strategic planning. This will allow for resolutions without biases, making it easier to assess the most challenging issues. You may not always feel 100% confident, but at least you’ll have proof to back it up.
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