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5 Tips for Improving Your Decision-Making Skills as a Leader

5 Tips for Improving Your Decision-Making Skills as a Leader

Whether you are running a startup with lots of potential or handling the running of a small team in a large organization, being a good leader is one of the most difficult tasks you will be faced with. As a leader, it’s your job to not only protect the company’s interests, but also guide and meet the needs of your employees or your team. You need to have good judgement when you’re tasked with making performance appraisals and determining who’s good enough to be promoted.  As you probably know, the ability to make the right call – even under pressure – is crucial when it comes to being a good leader. A misguided decision can not only affect yourself and your immediate team, but the business overall.  Keep these tips in mind when it comes to improving your decision-making strategies as a leader.

Do Your Research First

Unless it’s necessary, deciding quickly could be a bad move. Before you come to a decision, exhaust your resources. Make sure that you have done as much research as possible and gathered as much relevant information as you can in order to ensure that you’re making a decision which is as informed as possible.

Allow Healthy Distractions

When you’ve got a heavy decision weighing on you, it’s not uncommon for it to become all you can think about, but constantly thinking about a problem doesn’t always present you with a solution. Chances are you are already feeling drained and stressed out about the situation, which isn’t going to make the decision-making process any easier on you. If you’re not under immediate time pressure, there’s nothing wrong with allowing yourself to be distracted. Stepping away from the problem for a while could provide you with the refresh you need to make the best decision.

Forgive Yourself for Past Mistakes

Everybody has been there; decisions have been made that were a mistake, and we’ve all beaten ourselves up about them, too, but constantly worrying over past mistakes does nothing to fix it now. All it does is waste our present energy. Instead, forgive yourself for past mistakes and focus on them being a learning experience rather than a distraction. If you’re going to let any past failures affect your future business decisions, make sure that it’s for the benefit of your team and a treated as a lesson learned.

Be Kind to Yourself

You can’t make the best decisions when you’re under a lot of stress and strain, feeling mentally and physically drained, and generally wiped out. Being kind to yourself doesn’t just mean going easy on yourself when you’re tired. It should be a regular process of making sure that you are eating enough healthy food, getting enough exercise, and getting enough high-quality sleep at night so that during the day, you’re the best version of yourself. Check this site for details of mattresses that can help you get a better nights’ sleep. If you’re not sleeping well then a new mattress is definitely worth the upgrade.

Consult Others

Finally, don’t think that you are alone when it comes to making the best decisions for your business or your team. Sometimes it can be helpful to get another perspective on things. If you are struggling with a decision, speak to a trusted friend, a superior, mentor, or another contact who you generally get good advice from. While they might not be able to tell you which decision to make, they can provide you with a viewpoint, and perhaps even personal experiences of their own, that can help you make up your mind.  As a business leader, good decision making is crucial. The next time you are faced with a difficult decision, or just in your everyday schedule as a leader, consider these tips to help you make decisions that benefit your team effectively and efficiently.

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by Rebecca Jones // Contributor to Businessing Magazine.

Opinions expressed by contributors are their own.