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Salhat Abbasova
Manager, Azerbaijan
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Why a Leader Must Make Informed Decisions
Ramos said: 'No authority shall rule over reason, on the contrary the mind must prevail over the authority to manage it'.
Therefore a wise leader should consider others’ opinion, especially the views of experts, and then make the best decision, which may increase his or her authority.
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Welcome to the Decision-making and Valuation best practices. The topic being discussed here is: "Why a Leader Must Make Informed Decisions".
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Jaap de Jonge
Editor, Netherlands
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Any Manager Must Make Informed and Educated Decisions
I agree with you that making any decision based on facts or information is important. Otherwise you’re not making business decisions, but you‘re gambling.
One step further: any manager or leader should make EDUCATED decisions under normal circumstances that is. When a person makes an educated decision about something, she has learned about the subject before making up her mind — she has been educated or educated herself, and she understands the subject well or even completely. A heck of a reason for visiting 12manage before you make any major business decision to look for methods, models, and ideas from others 😃
In my opinion, the extent to which a decision has to be informed and educated does depend on the decision-making context / environment. And the risk attitude of the decision-maker is also playing a role.
You might want to take a look at an earlier very good discussion about the role of gut feeling in decision-making.
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Anonymous
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How to Make Informed Decisions?
In a recent article "4 steps to making informed decisions", Marty Jacknis mentions following check list to make informed...
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Matthias Bittrich
Business Consultant, Germany
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PROs and CONs of Informed Decision-making
Decisions under stress or fatigue are almost always bad. This is a well known negotiation tactic, and not only in politi...
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Graham Williams
Management Consultant, South Africa
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Pros and Cons of Informed Decision-Making
Indeed one shouldn't make a too hasty decision, especially in a fast moving, agile, context, when the pressure to decide...
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Anonymous
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How to Tell Whether a Decision Was Informed?
How can you know if someone's decision was actually based on facts? Or on personal experience? Or just on gut feeling/em...
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George Kampango
Malawi
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Why a Leader Must Make Informed Decisions
This topic is indeed very interesting and full of meaning. If a decision has to bring about the required change in an in...
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Lucas Kennekae
Manager, Botswana
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Making Informed Decisions in a Dynamic World
While it is important that all information be available to make informed decisions, we should also consider that today's...
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umar ibrahim
Student (University), Nigeria
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Group or Functional Approach to Leadership
A group or functional approach to leadership allows leaders and group leads to understand eachother. Because it encourag...
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Abdullahi Dodo
Lecturer, Nigeria
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Self-Confidence While Making Informed Decision
To make an informed decision a leader needs to liaise (cooperate) with an expert in the field to remove any doubt as wet...
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Michael Norris
Director, United States
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Informed DM in Public Safety and Chaotic Situations
Informed decisions are not always possible in the world of public safety. In complex and chaotic situations where immedi...
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Gandhi Heryanto
Management Consultant, Indonesia
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Tradeoff in Decision-making between Being Informed and Relying on Instinct
Sometimes we have to forget correct or wrong in making a decision. In business decisions, it is not always enough to see...
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Sridhar Gopal
Management Consultant, India
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Leaders must Ensure their Information Sources are Reliable
It's a known fact that leaders should generally make well informed decisions. A key concern is then the legitimacy of th...
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James Mudzikitiri
Business Consultant, Zimbabwe
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Educated and Calculated Decision Making
I think there is a need to differentiate between educated and calculated decision making. Though experience does help wi...
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Jaap de Jonge
Editor, Netherlands
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Calculated Decision-making
@James Mudzikitiri: Thanks for joining the discussion! Please explain a bit further: What do you mean with "calculated d...
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George Kampango
Malawi
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How do we Ensure Informed Decisions are Made?
Whatever people said here about (informed) decision making, is perfectly right. A question still remains: How do we ensu...
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Graham Williams
Management Consultant, South Africa
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Informed Decisions Require Both Ratio and Intuition
There is a seeming gap between the rational and the intuitive. INFORMED decisions require a measure of both. In seeking ...
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Matthias Bittrich
Business Consultant, Germany
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Calculated Decisions
@Jaap, I guess "educated decision" means a decision based on your social imprinting, environment, education, values.
My...
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Akhlaque Ahmed
Student (MBA), Pakistan
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Decision-making and -implementation
@George Kampango: I think making decisions is an important process and needs to be unbiased, neutral. But more importan...
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Graham Williams
Management Consultant, South Africa
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A Leader Must Make Informed and Ethical Decisions
@Matthias Bittrich: One other criterion for every business decision is indeed that of ethics. This is another huge deba...
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Gary Wong
Consultant, Canada
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Use Six Thinking Hats to Make Informed Decisions
Many of the comments can be addressed by using the Six Thinking Hats process.
A typical hat sequence to make an informe...
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Daniel Schneider
Business Consultant, United States
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3 Decision Making Styles
Basically, people make decisions in one of three skill sets:
- Analytical and Critical;
- Intuitive and Experiential;
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Graham Williams
Management Consultant, South Africa
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Use Six Thinking Hats to Make Informed Decisions
@Gary Wong: I love de Bono's method for tackling group decision-making and problem-solving!...
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Maurice Hogarth
Consultant, United Kingdom
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Informed Decisions are Balanced
Having information seems fundamental to TAKING a decision. Lack of information is ignorance. Activities based in ignoran...
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Gary Wong
Consultant, Canada
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The Instant of Decision is Madness
While we can control the making of a decision, we can't control the consequences. So we take a leap of faith and hope fo...
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