Blog

Leadership and
 Approach to Decision Making
 in Business Planning

Nov 30, 2016

Leadership and
 Approach to Decision Making
 in Business Planning

Leadership may be defined as: the capacity to influence people, by means of personal attributes and/or behaviours, to achieve a common goal. 

“Leaders let vision, strategies, goals and values be the guide-post for action and behaviour rather than attempting to control

others.”


 

Remember, learning is a voluntary activity - people choose to, or not to, learn 

various reasons:

  • to keep their job
  • to improve skills to increase earning potential
  • to gain promotion
  • to gain some sort of reward
  • to avoid some sort of negative consequence
  • curiosity
  • to gain status
  • for fun
  • Performance, Performance, Performance

 

Top Skill Sets of a Leader

  • Communication skills
  • Decision-making skills
  • Problem-solving skills
  • Strategic skills
  • Technical skills

 

Why is Leadership so important?

It is important because it provides an inspirational figure to lead groups of people towards great accomplishments,  it also creates confidence amongst work colleagues in an organisation and encourages a professional and positive environment. In an enterprise setting, leadership acts as the catalyst that makes all other business aspects work in sync.

 

leadership training management

Different Decision Making Styles

Below are four different styles of decision making that a person can have, ranging from being rational to intuitive.

Analtical

  • High tolerance for ambiguity
  • Gather as many facts as possible  
  • Develop complex solutions
  • Enjoys challenging situations

 

Conceptual

  • High tolerance for ambiguity
  • Consider broad range of information  
  • Intuitive and use interpersonal considerations  
  • Tend toward participative decision making

 

Behavioral

  • Low tolerance for ambiguity
  • Focus on people
  • Low data input into decisions
  • Enjoy cognitive simplicity
  • Deep concern for people

 

Directive

  • Low tolerance for ambiguity
  • Systematic
  • Technical in nature and based on facts
  • Tend to be autocratic
  • Use little information, consider few alternatives, and tend toward control
  • Simple, clear-cut decisions
  • Efficient and rely on rules

 

Decision Making Under Pressure

An important part of decision making is to possess the skill to effectively perform while under pressure. It is essential to always focus on the real issue at hand and what problem you are trying to solve. Always looking at the bigger picture while assessing relevant facts in order to produce feasible options is the best process to go by. Once you have made the decision, stand back and let the team implement it.

 

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