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Apr 19, 2023 · 2- Confidence: A good decision-maker is confident in their abilities and their decision-making process. They trust their instincts and have the courage to make tough decisions when necessary. 3 ...
Mar 22, 2022 · Great decisions are shaped by consideration of many different viewpoints. This doesn’t mean you should seek out everyone’s opinion. The right people with the relevant expertise need to clearly ...
- Learning: Listen Attentively, Read Critically. Good judgment requires that you turn knowledge into understanding. This sounds obvious, but as ever, the devil is in the detail—in this case your approach to learning.
- Trust: Seek Diversity, Not Validation. Leadership shouldn’t be a solitary endeavor. Leaders can draw on the skills and experiences of others as well as their own when they approach a decision.
- Experience: Make It Relevant but Not Narrow. Beyond the data and evidence pertinent to a decision, leaders bring their experience to bear when making judgment calls.
- Detachment: Identify, and Then Challenge, Biases. As you process information and draw on the diversity of your own and other people’s knowledge, it’s critical that you understand and address your own biases.
Feb 13, 2024 · Seven important character traits of leaders. Integrity. Self-awareness. Determination. Empathy. Courage. Optimism. Curiosity/open-mindedness. Leaders uphold and demonstrate their character through the daily habits they follow and the decisions they make, as well as the decision-making environment they create for their employees.
- Diane Belcher
- Overview
- What is a good decision-maker?
- How to be a better decision-maker
Making good decisions is a key skill for personal and professional success. Making sound, logical decisions in your professional life can positively impact you, your colleagues and your organization. Applying effective strategies and techniques can help you improve your decision-making skills.
In this article, we explain how you can become a better decision-maker.
A good decision-maker chooses actions that give the best outcome for themselves and others. They enter into the decision-making process with an open mind and do not let their own biases sway them. They make decisions rationally, after researching alternatives and understanding the consequences.
Good decision-makers involve others when appropriate and use knowledge, data and opinions to shape their final decisions. They know why they chose a particular choice over another. They are confident in their decisions and rarely hesitate after reaching conclusions.
Anyone can be a good decision-maker. Making decisions is an integral part of any job, whether you are in an entry-level position or you make important choices on behalf of your company as an executive.
Read more: Decision-Making Methods for the Workplace
1. Consider your personality traits and characteristics
People have natural characteristics that can shape their decision-making. Understanding your personality can help you identify how you currently make decisions and how you could make better ones. Some of the personality traits that may impact your decision-making are:
2. Know your goals
The decisions you make should help you or your company achieve goals. Identifying your individual and business goals can direct you toward the best choice. When you know what results you want, making decisions can be more straightforward. For example, imagine you are considering whether to gain further qualifications. Identifying your professional goals can help you make the best decision for your future. Read more: Setting Goals to Improve Your Career
3. Collect information
Understanding why you are making decisions, what your options are and the impact of selecting each option helps you make more informed and better choices. Your colleagues, industry experts, trusted friends and family members might also be able to guide you toward the best decisions. While they can be valuable knowledge sources, you should ultimately make your own decisions. The most successful decision-makers know when they have collected enough information to make the best decisions. Once they have, they act decisively and move on, confident their choice is the best they could have made.
For this, Funke and his team need to identify the personality traits of their study participants and they use simulated situations to analyze their decision-making behavior. In this way, they find the conditions for success and failure. One of the results is that intelligence alone is not sufficient; participants also need emotional regulation ...
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So, how do you know what a good decision looks like? When evaluating decisions on a day-to-day basis, there are always characteristics to consider before taking action. Some characteristics of a good decision are positive impact, inclusion, and executability. Learn more.
