The Management Blog

Tips & advice to help you improve your performance

 

Decision Making Skills

How To Generate Creative Ideas Through Brainstorming

This is a great idea if you want to generate ideas quickly. It encourages divergent thinking among your team, as they collectively address issues facing your company.

Here are some steps you can take to ensure it works effectively: Learn More

The Ethical Decision Making Test

Sometimes the line between what is ethical and what is not becomes slightly blurred. While there are certainly enough unethical managers and leaders in the world’s workplace, there is no reason for you to be amongst their masses.

Sadly, sometimes it is difficult to determine if what you are feeling is unethical or simply complicated. There is, fortunately, a simple test you can apply to yourself, as outlined by the UK Institute of Business Ethics, to determine if the decision you are about to make is truely ethical. Learn More

Decision Making 101: Layoffs

I thought we’d end the week with a little exercise – perhaps one of the most thought provoking yet.

Imagine that you work for a company that, for whatever reason, had a workforce that consisted primarily of white males. Throughout the years you have managed to change the face of the workforce and the company now has a significant number of female, African American, Asian, and Hispanic workers. Learn More

Do You Have Tunnel Vision?

Last week, when we began discussing the various components of the decision making process, I mentioned that one of the attributes a manager needed to have when making decisions was tunnel vision (or, really, a lack thereof).

Think of it this way – a tunnel is very narrow. When you’re in a tunnel you have very few options – either back up or move forward to find the nearest exit. Decision making, when done with tunnel vision, is very similar. Managers with tunnel vision find that they have very few alternatives to choose from when it’s time to make the final decision. Learn More

Are You Timing Your Decisions Properly?

One of the best decision making skills you can acquire is the ability to properly time your actions. The fact that you have a dozen different decisions to make shouldn’t cause you to rush them. Even the best decision can become an utter failure if timed incorrectly.

Imagine for a moment that you are the owner of a huge chain of coffee shoppes. As your chain grows in popularity, a myriad of small coffee shoppes are popping up, hoping to compete with you. You know that this will continue to happen but your chain has a very strong brand. In response to the competition, you decide to open 200 additional stores around the country and begin focusing on opening stores in other countries as well. Before you know it, you’ve beaten your competition to the punch and are now situated strongly in almost every area your competition might want to open a store. Learn More

Setting Decision Making Priorities

You’ve probably heard the phrase “when it rains, it pours” before. Unfortunately, when it comes to making decisions it’s usually feast or famine. You either have nothing to do or you’re faced with a dozen important decision at the same time.

It’s important to prioritise when it seems like you have a myriad of decisions to make all at once. You have a few choices when it comes to the order in which you’ll make your decisions. Learn More

Decision Making & Management Style

No two managers are alike. Every single manager you meet will come from a different background on both a personal and professional level. Each will bring a unique set of attributes to the table, making his or her decision making process slightly different from the next. They will all, however, bring attributes that fall into the following categories: Learn More

Decision Making Roles

As a manager you are, of course, responsible for making decisions on a number of different levels. You’ve probably already figured out that your interpersonal and information management roles involve making decisions, but you have a number of other responsibilities as well.

You have four main roles as a decision maker within your organisation. They are to act as an entrepreneur, to handle disturbances, to allocate resources, and to negotiate.

As an entrepreneur you are responsibel for finding new ideas that will enhance the way your team works. Once you’ve developed the idea you must implement it and continuously review it to ensure your strategies are sound. You’ll need to know when to make changes should they become necessary.

The handling of disturbances within your team or department are also your responsibility. Disturbances may include anything from broken equipment to scheduling conflicts or two team members not getting along. You need to make decisions that will stop or avoid anything that will decrease your team’s productivity.

When your team or department receives new resources they’ll come to you first. It’s your job to decide who needs those resources and allocate them properly. These may include access to training, funding for new equipment, and evens upplies.

Last, but certainly not least, you are a negotiator. You are responsible for working with suppliers, other management members, and your employees to make agreements that will enhance your performance.

Managers are obviously bestowed with a significant amount of authority and if you find yourself in a new management position you’ll have to be careful not to abuse that position. The more skilled you are at using your decision making skills for good the more productive, efficient, and successful your team will be.

Thanks again,

Sean

Sean McPheat

Managing Director

MTD Training   | Image courtesy of Big Stock Photo

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