Ask Business Management Expert

"Would You Make the Same Decision?"

Watch this video: Making Decisions

Include these items in your response:

  • Provide an example of a time when you made a decision regarding a work issue when procedures were not in place.
  • Explain the steps you took to address the issue. What could you have done differently, and why?

https://www.lynda.com/Business-Skills-tutorials/Making-decisions/160362/182193-4.html

Below is the video transcript, just in case the link does not work.

One of my colleagues has a phrase that I love. It's, "Thoughts are nice, but actions matter." In terms of leading the thinking, it's really easy to get caught-up in all these great ideas we have, and all the changes we want to make, but when it comes time to make a decision, we freeze, because decisions are risky, and we're afraid to make them. Sometimes you need that maxim to get you off the line, make the call, and move the organization forward.

If you have trouble making decisions and driving that organization to change,this maxim is going to be very important to you. I have had two maxims that I've used over the years that have helped me make decisions. The first is, "If you choose not to decide, "you still have made a choice." It's a lyric from a Rush song. The song is called "Freewill." I remember the first time I heard it I was in high school, but those lyrics spoke to me.

They said, "Inaction is still an action." I've carried that forward, and when I find times where I'm doing a lot of analysis, and saying, "I don't want to make a decision right now," it's a reminder that I just made a decision. The decision I made was to wait. Many times in business in moving your organizations forward, waiting has a true cost. That maxim reminds me, "I need to make some decision now." The second maxim that I've used to drive decisions is, "In case of doubt, attack." It was a quote from General George S Patton.

He is the Patron Saint of United States Army armor. Patton had a belief that you can't just sit there, and if you're not sure what to do, move forward. In terms of emotional resonance within the leadership maxim's method, Patton has a special place in my heart. Patton went to West Point. I went to West Point. I used to walk past Patton's statue every single day on my way to class. When I graduated, I was an Armor Officer.

I had a great deal of respect for General Patton and his leadership, and that mantra, that maxim of, "In case of doubt, attack," reminds me during those times where I'm really not sure or I'm afraid to make this decision, "I need to do something." As you think about your maxims for making a decision, moving beyond thought and into action, think about situations where somebody made a call and it was uncertain and ambiguous, but they had the courage to make the call.

They moved the organization forward, and good things happened. That story can be a good source of a maxim. Think about times that you've made a decision, when you didn't have all the information, and you went with your gut and things worked out well. That can be another place that you can look for your maxim to server as that trigger to drive you to move forward. Once you have that maxim, you can then set that expectation with your team, that you want them to behave the same way.

Tell them, "In case of doubt, attack." Members of my team know that maxim.They understand that's what I expect of myself, as well as of them. It gives them permission and it encourages them to take action even if they're not 100 percent what the outcome is going to be. Define that decision-making maxim,and then think about how you can apply it to situations where you're not really sure, you're a little afraid to decide, and that maxim will move you off the line and into action.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92528544
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

Name a company that addressed a recent ethical problem in a

Name a company that addressed a recent ethical problem in a positive way. Also, explain how or if this positively affects us as a community?

When it is appropriate to use the trade-off process what

When it is appropriate to use the trade-off process. What conditions apply, and the technical evaluation criteria that might be used?

Need help with a essay with the following phrase for

Need help with a essay with the following phrase for analyzing : " Capitalism is at the heart of how people and organisations are managed in contemporary society" May i ask for a better explanation of the question? Also ...

How could these three tenets of the auburn creed be used to

How could these three tenets of the Auburn Creed be used to motivate others: "I believe that this is a practical word and that I can count only on what I earn. Therefore, I believe in work, hard work." "I believe in educ ...

How can these two tenets of the auburn creed by used in

How can these two tenets of the Auburn Creed by used in addressing teamwork issues: "I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men." "I believe in the human ...

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

Parmigiano-reggiano global recognition of geographical

Parmigiano-Reggiano: Global Recognition of Geographical Indications What historical factors have helped support the consortium's claims for the geographic specificity of Parmigiano-Reggiano and Parmesan? What are the eco ...

Communication planthis communication plan will be a roadmap

Communication Plan This communication plan will be a roadmap on how the new division will best be able to communicate with Biotech's corporate headquarters, suppliers, other divisions, and internally. This should lay out ...

Discuss strategies to obtain feedback from a customer and

Discuss strategies to obtain feedback from a customer and clients when working in sales.

Describe different networking methods and the advantages

Describe different networking methods and the advantages and disadvantages of them?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As