If there is one skill and characteristic which is common to leaders it is the ability to make decisions. However, it would be important to note here that leaders have to take decisions in a variety of organizational areas and while some decisions can be delayed some are to be taken promptly without wasting any time.
In this article we will take a brief look into the tips to boost decision making skills along with identifying the factors that prevent effective decision making. Last but not the least we will also take a look into the 4 types of decision making.
Tips to Boost Decision Making Skills
- Don’t Delay Unnecessarily
- Take Expert advice
- Shelve emotions and ego while taking the decision
- Gather all possible facts
- Analyze the Pros and Cons
- Give it due time
Factors that Prevent Effective Decision Making
- Lack of adequate information
- Involving too many people
- Too much information
- Not narrowing down your options
- Pre-conceived notions
- Vested interests
- Personal likes and dislikes
- Emotional attachments
- Being in a needless hurry
- Failure to contemplate adequately
The 4 Types of Decision Making
The 4 types of decision making include
Command decision-making is the decision making scenario when the leaders take decision without consulting their team or taking them into confidence about the decision.
This decision making style is particularly useful when the situation requires immediate decision and things need to move quickly.
The practical implementation of the command decision making is most commonly observed in crisis management situations and in large financial decisions where an immediate decision is required by the leadership. Since you have to respond to the situation quickly and do not have the kind of time to consult team members command decision making is often resorted to.
Collaborative decision making is the scenario when the leaders gather their team and sit them down to reach a decision with their input. Though the leader is still vested with the authority to make the final decision he/she takes both input and insight from his/her employees to reach a decision.
Collaborative decision making ensures that diverse opinions and point of views are taken into consideration before arriving at a decision.
Convenience decision making is the decision making scenario where the leader chooses to entrust the task of decision making to someone is his team. However, this someone who is entrusted with the task of decision making is known to possess the potential for taking a decision.
There are many reasons why leaders opt for convenience decision making. First it frees the manager to focus at more important decision making tasks and secondly it helps the manager boost the decision making skills of his team. Teams are known to perform better when they are trusted and provided an atmosphere in which they can grow and evolve as future leaders.
Consensus can be thought of as the scenario when the decision is taken by the majority vote. Leaders gather their team and ask them to vote and the decision is taken by the majority vote. This decision making model is more suitable for the quick moving business environment.
Though this may not be deemed as the most effective and popular manner of taking decisions still there are organizations and environments which opt for the consensus decision making.