Decision Making Skills Of A Successful Manager – Learn It

Management is all about making the right decisions. Decisions that you make may return you handsome rewards or drastic failures. Well anyone can make decisions right? As much it sounds simple, there are some important pointers that you need to remember when you make your next decision as a manager of your firm. In today’s topic of “Decision Making Skills Of A Successful Manager – Learn It“, we will explore key traits and wisdom that you need to learn. These pointers, not only can help you become a better manager, it can also help you make better decisions in your personal lives as well.

The Decisions Making Managers

As a manager, did you realized that you are looked upon by your subordinates? Your decisions making skills not only affects the outcome of your task or projects, it also has moral impact on the subordinated working with you. Knowing by instinct or by experience and facts, your decisions should result in high level of success. Probably you are already an experienced manager, never the less, here are some pointers that you can adapt which can make you to be a better manager, a decisive manager.

Decision Making Skills Of A Successful Manager

The Decision Making Skills Of A Successful Manager

  1. Decision making is generally guided by prudence. You should not make a decision when you do not understand the subject. Do not make a decision based on compulsion alone.
  2. Empower your subordinates and give privilege to them to make decisions which are appropriate at their level. Do not rule with an iron fist. If you believe you have to make each and every decision, you are living in fear. You will lose your self-respect with time.
  3. When you make every decision for your subordinates, you are curtailing their creativity and their worth and their ability to grow.
  4. Prevailing unwanted circumstances are not an excuse for you not to make a decision. Never use circumstances as an excuse for your failure in decision-making.
  5. You are fully responsible for decisions made by you and in many circumstances, for the decisions made by your subordinates.
  6. You will be seen as a weak manager, if you turn around to shift the blames to others when the results do not favor you or your team.
  7. In most circumstances, there is no such thing as a perfect decision. Instead, your decisions are based on prudence and logical thinking.
  8. After making a decision, do not apply your influence to garner support for it. True support will come for the right decisions your make.
  9. At times, good decisions are make when it is void of emotions.
  10. If the surrounding circumstances or facts are too grim for you to make a decision, then, it is smart to look for an alternatives.
  11. When selective an alternatives, ensure its benefits outweigh the risks and the cost of selecting this alternative.
  12. Know when to make and when to forgo your decisions.
  13. Timing is everything, know when to strike to cord with your views.
  14. Do not rush and assume this is the best decision when time in on your hand. Instead, use the time to critically rethink to enhance your decision.
  15. Your decision should not be static and should evolve with time. Always come back to your past decisions. Is there anything you can do to make it better for the common good of the team and the company?
  16. You should not only enjoy making decisions when the wind is calm, instead you should have confidence to make decisions at the most critical moments as well.
  17. Your decisions should not only favor you. Instead, it should be for the common good and well-being of the company around you.
  18. Self doubt and delay, you are losing your respect among your peers and subordinates. Build your self-confidence.
  19. Remember, managers are rewarded for the decisions they make and your subordinates are rewarded for supporting and executing the decisions you made.
  20. When you cannot come up with solution, do not make a decision. Instead, its is worthwhile restating the problems from scratch. You could have missed an important point or a solution after all.

What Are You Made Up Of?

Successful managers keep brushing their skills and enhancing their wisdom. What else can be better than a good self help book on management?

In conclusion, we have shared with you some of the most important decision making skills and approaches or skills to be a successful manager. Which of the above mentioned pointers will you not agree with and why? Care to share your views?