Lead with Culture

What's Your Decision-Making Process?

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Description

"The little secret executives need to understand is people are never going to be comfortable with your decision making.”

Being a quick decision-maker is often seen as a positive trait. But Tony Ferraro, Senior Executive Coach and Director of Training Services at Floyd Consulting, might disagree.

In this episode, Tony shares insights on the decision-making process that leaders need to take another look at to help ensure their company’s success. Along the way, you’ll learn why doing nothing is a valuable decision-making tactic and understand whose interests you should follow most as a leader.

In this episode, you’ll learn:

  1. Quick decisions can cause your company to head in the wrong direction faster, so it’s important that you go through a process to think it through
  2. When you’re looking to hire someone, your responses to candidates should only be one of two options: Hell yes! Or No. Decisiveness will help you hire only absolutely crucial people in your organization
  3. Acting in the company’s best interest—not because of deadlines or the need for approval—can help you make better decisions as a leader

Things to listen for:

[2:53] Why you need to watch out for decision fatigue

[4:31] The power of listening as a leader

[5:26] Why you should always consider doing nothing

[16:12] Making decisions with conviction and moving on

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