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Reminder to leaders: "you are not smarter than the group"
Poor decision-making from the top is common and costly, according to an executive coach who reminds leaders, "you are not smarter than the group".
Whether they're defining a key element of their organisation's strategy for the next three years, or making a determination on an issue that's escalated to their team, a CEO or team leader will have "tremendous influence over the quality of the decision", says Bryan Whitefield, former president and chair of the Risk Management Institution of Australasia, in his new book Team Think.
Leaders can gain insight into past decisions by asking themselves how they initiated decision-making meetings, whether they put their own opinions forward before seeking those of others, and whether they advocated for a single view...
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