Building High-Performing Teams through Robust Decision Making: Strategies and Best Practices

Building High-Performing Teams through Robust Decision Making: Strategies and Best Practices

Organizations have a๐ฆ๐›๐ข๐ญ๐ข๐จ๐ฎ๐ฌ ๐ญ๐š๐ซ๐ ๐ž๐ญ๐ฌ ๐จ๐ง g๐ซ๐จ๐ฐ๐ญ๐ก, and o๐ฉ๐ž๐ซ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ž๐ฑ๐œ๐ž๐ฅ๐ฅ๐ž๐ง๐œ๐ž and invest in initiatives. But if the behavior around decision making does not change, results will be below par or not as expected.

Here are the 5 ๐œ๐จ๐ฆ๐ฆ๐จ๐ง ๐ฆ๐ข๐ฌ๐ญ๐š๐ค๐ž๐ฌ you need to avoid while developing and nurturing Robust Decision Making in your organization – your ๐ƒ๐ซ๐ž๐š๐ฆ ๐‡๐ข๐ ๐ก ๐๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐ข๐ง๐  ๐“๐ž๐š๐ฆ.

1. Producing data, KPI reports to take informed decisions, yet we do not set the expectation that taking decision is part of the job

2. Designing and deploying RACI model yet fail to recognize that these models are only starting point, nurturing leadership is key for the progress

3. Trying to set the criteria to the most detail level, and eventually miss the opportunity to develop people to set new criteria

4. Falling in the trap of getting in the finest detail of scenario planning before taking the decision. A slight deviation of a scenario results in no decision.

5. Not making time and space for reflecting on what decisions were right / timely, and lessons learnt from them to make it better

You and your team can come out of this energy draining system by following this proven mechanism:

๐ŸŒŸ Shared Consciousness๐ŸŒŸ
Develop an understanding of why decision making is important, how it adds value to our business, what decisions do we need to take in a routine / non-routine manner, supporting short term and long-term goals.

๐Ÿ‘‰๐Ÿป Roles and Process: What is the expectation from people, different levels in the organization? Recurring / non-recurring? What are the key processes and guiding principles for them.

๐Ÿ‘‰๐Ÿป Environment: Create an entrepreneurial environment. Promote Fail Fast, Learn and Development, and Trust.

๐Ÿ‘‰๐Ÿป Technology: Invest in Decision Support System, Data, Source, Quality, Feedback system.

๐Ÿ‘‰๐Ÿป P-D-C-A: Create time and space to reflect with Plan – Do – Check – Act mindset to promote and reward Decisiveness, and Quality of decisions.

Assess your decision-making process and craft a roadmap carefully. Itโ€™s very important part of your CHANGE โ€“ whether you are on your growth, operations excellence, or digital journey.

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