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Effective decision making is one of several core skills required for any successful leader. The ability...

Effective decision making is one of several core skills required for any successful leader. The ability to process inputs, ask the right questions, identify sound alternatives, and properly time actions are among the myriad qualities that are required to properly analyze a challenge prior to taking action.

Describe a professional scenario where a strategic action or decision predicated upon an improper or poor analysis resulted in a suboptimal or even tragic outcome. This could be a failed battle plan, a poorly conceived football game plan, an unsuccessful merger, a tragedy associated with exploration, or even something more prosaic such as hiring the wrong wedding planner.

Discuss:

  • What part of the analysis of the situation failed? Why?
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Answer #1

Ans) 5 Decision Making Skills for Successful Leaders.
Identify critical factors which will affect the outcome of a decision.
Evaluate options accurately and establish priorities.
Anticipate outcomes and see logical consequences.
Navigate risk and uncertainty. .
Reason well in contexts requiring quantitative analysis.

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  • Effective decision making is one of several core skills required for any successful leader. The ability...

    Effective decision making is one of several core skills required for any successful leader. The ability to process inputs, ask the right questions, identify sound alternatives, and properly time actions are among the myriad qualities that are required to properly analyze a challenge prior to taking action. Describe a professional scenario where a strategic action or decision predicated upon an improper or poor analysis resulted in a suboptimal or even tragic outcome. This could be a failed battle plan, a...

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