Tag: decisions

  • Why decision-making is the key skill of the modern leaders?

    Why decision-making is the key skill of the modern leaders?

    In an ever-changing world, where markets are transforming at breakneck speed and uncertainty has become the norm, one skill stands out as essential for modern leaders: decision-making.

    Whether you’re an entrepreneur, an executive or a team leader, your ability to make effective, timely and strategic decisions can literally mean the difference between success and failure.

    But why is this skill so crucial, now more than ever? And above all, how can you cultivate it to excel in demanding environments?

    We’ll take a look at why this skill is essential, and then explore ways of improving it.

    Image of a decision-maker in front of his dashboard

    Decision-making: a key skill

    Decision-making is not a simple administrative task or a mechanical reflex: it’s an art combining science, experience and courage. Modern leaders are judged not just on their ideas or vision, but on their ability to transform these ideas into concrete action, often within very tight deadlines.

    How many times have you been faced with a situation where a decision had to be taken quickly, without all the necessary information, and where the consequences could be far-reaching?

    It’s precisely at these moments that great leaders stand out. They know how to assess risks, weigh up options and, above all, take responsibility for their choices, even when the outcome is uncertain. In a world where data is ubiquitous, opinions abound and external pressures (customers, investors, employees) are constant, decision-making becomes a balancing act.

    It’s not just about choosing the best option, but doing so with confidence, clarity and speed.

    Why is this skill more important than ever?

    1. Accelerating change: Economic, technological and social cycles are shortening. What worked yesterday may be obsolete tomorrow. Leaders must therefore be able to adapt quickly and make informed decisions in changing contexts.
    2. Information overload: We live in an age where information is abundant, but clarity is sorely lacking. Leaders need to know how to sort, analyze and synthesize complex data to make relevant decisions.
    3. The impact of decisions: In a globalized, interconnected world, every decision can have major repercussions, not only on the company, but also on employees, partners and even society as a whole. The responsibility of leaders is therefore immense.
    4. The need to innovate: Modern leaders can’t just follow set patterns. They often have to make bold decisions, think outside the box and embrace uncertainty to innovate and stand out from the crowd.

    How do you develop this essential skill?

    The good news is that decision-making is a skill that can be trained and perfected. Here are a few ways in which you can do just that:

    • Learn to deal with uncertainty: Accept that you’ll never have all the information. The aim is not to seek perfection, but to make the best possible decision with the available data, and to develop your experience to refine your intuition.
    • Cultivate your intuition: Intuition is not a mystical gift, but the fruit of experience and learning. The more decisions you make, the more you hone your ability to anticipate outcomes.
    • Surround yourself with the right people: the most effective leaders know how to rely on competent, diverse teams. They don’t hesitate to ask for advice, challenge ideas and collaborate to make informed decisions.
    • Analyze your mistakes: Every decision, whether good or bad, is a learning opportunity. Take the time to look back at your past choices to understand what worked and what could have been improved.
    • Make decisions quickly: Procrastination is the enemy of leadership. Even if a decision isn’t perfect, it’s often preferable to doing nothing. Modern leaders know that agility is a major asset.

    Decision-making: a lever for your career

    Mastering the art of decision-making will not only make you more effective in your current role, it will also position you as a trusted leader, capable of guiding your organization through the most complex challenges.

    It’s a skill that inspires respect, strengthens your credibility and opens the door to new opportunities.

    It’s more than just a technical skill: it’s a fundamental quality that defines modern leaders and enables them to successfully navigate a constantly changing world.

    So, whether you’re at the start of your career or at the head of a thriving business, invest in this skill. It will be your best ally in meeting tomorrow’s challenges.

    What about you? What’s your experience with decision-making? Have you developed any strategies or habits that have helped you excel in this area?

    Share your thoughts, experiences and tips in the comments.

    Together, we can learn from each other and continue to progress in this essential art.

  • 4 key dimensions of the decision-making

    4 key dimensions of the decision-making

    or how to choose our decision-making tools

    Make a decision, it is a daily act, but also a constant challenge. Whether you’re a manager, entrepreneur, or simply faced with strategic choices, you know how to decide can be very complex. Between the fear of being wrong, the uncertainty of the results and the pressure of deadlines, decision-making can become a real headache. However, it is also an opportunity : to structure your thinking, engage the right tools, and you can rely on approaches that are tailored to each situation.

    So, how to choose its decision-making tools ?

    This is where the 4 dimensions of decision making : analytical, intuitive, individual and collective.

    4 dimension of decision-making : analysis, intuition, personal and collective
    analysis, intuition, personal and collective

    These dimensions are not boxes rigid, but complementary perspectives, which allow you to better understand your choices and refine the process. In this article, I’ll guide you through each of them, giving you real-life examples and practical tools for implementation.

    1. The decision-making analytics : when the data speaks

    The analytical dimension is based on the use of data, facts and models to inform your choice. It is particularly useful in contexts where the stakes are high and where the information is available, it can be an in-depth analysis.

    Example of analytical decision

    Imagine that you are a contractor who has to choose between two suppliers for a key project. You can use a decision matrix to compare the costs, time and quality of the services offered. This tool allows you to weight each criterion based on its importance and to calculate a final score for each option.

    Tools of analytical decision

    • The decision matrix (or matrix of multi-criteria).
    • SWOT analyses (Strengths, Weaknesses, Opportunities, Threats).
    • The Business Intelligence tools (such as Power BI or Tableau) to visualize the data.

    Limit decisions analytical

    The analytical approach can be time-consuming and does not always work in situations where data are incomplete or uncertain.

    2. Intuitive Decision Making : To Trust His Instincts

    The intuition is that small inner voice that guides you, often without you knowing why. It is based on your experience, tacit knowledge, and your ability to recognize patterns. Contrary to what one might believe, the intuition is not irrational : it is the fruit of an unconscious learning.

    Example of intuitive decision

    An experienced manager may feel that a candidate is right for a position, even if his CV is not perfect. This intuition can be confirmed by interviews or tests, but it is primarily based on a subtle perception of non-verbal cues and interactions.

    Tools of intuitive decision making

    • The techniques of mental visualization or meditation mindfulness to clarify your feelings.
    • The newspapers of decision, where you make a note of your choice, intuitive, and their outcomes in order to fine-tune your instinct.
    • The oracles which, as strange as it may seem, are powerful tools ofideation.

    Limit of intuitive decisions

    Intuition may be skewed by emotions or prejudices. It should therefore be used wisely, especially in complex situations.

    3. The decision making individual : The art of deciding alone

    Some decisions require a personal reflection, without external interference. This dimension is particularly relevant when you are the only one to bear the responsibility for the selection or when the situation requires a quick response.

    Example of individual decision

    A contractor must rotate quickly its business model in the face of an economic crisis often does not have the luxury to consult with an entire team. He must rely on his own vision and his ability to rule.

    Decision-making tools individually

    • The method of the 5 why (to identify the root cause of a problem).
    • The mental maps (mind maps) to structure your ideas.
    • The techniques of prioritization as the matrix Eisenhower (urgent/important).

    Limit of individual decisions

    Decide alone can be stressful and isolating. You also run the risk of missing opportunities outside that could enrich your thought.

    4. Collective decision-making : the intelligence of The group

    In a world that is increasingly collaborative, collective decision-making has become a necessity. It allows the mobilisation of various skills, generate innovative ideas and enhance the buy-in of stakeholders.

    Example of a collective decision

    A marketing team that needs to launch a new advertising campaign can organize a brainstorming session to explore different ideas. Then, she can use a tool such as the weighted vote to select the best option.

    Tools of collective decision-making

    • Brainstorming and its variants (such as brainwriting, or design thinking).
    • The online collaboration tools (Miro, MURAL, Loomio).
    • Facilitation techniques such as consensus or the weighted vote.

    Limit collective decisions

    Collective decision-making can be slowed down by conflict, group bias, or a lack of clear leadership. It requires a good organization and clear operating rules.

    What dimensions do You favour ?

    Decision-making is an art that develops with time and experience. By understanding the 4 dimensions – analytical, intuitive, individual and collective – you can adapt your approach to each situation and mobilize the most relevant tools. Whether you’re a fan of data, a fervent defender of the intuition, one decision-maker alone or a collaborator committed, each dimension has its place in your toolbox.

    And you, what size do you in your decisions ? Do you prefer to rigorous analysis, instinct, thought, reflection, personal or collective intelligence ?

    Share your experience in the comments : I’m looking forward to discover your prospects and share with you about this exciting !

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