Tuesday 16 November 2021

i need to make the right decision always !!!

  I need to make the right decision always !!!

(Emotional Management for Personal & Professional Growth Series)


One of the myths most of us have in the workplace on making decisions is "i need to make the right decision."
 

The mindset of always making the right decision leads to either perfectionism or looking for more data/ facts and too much analysis, eventually ending up with not making any decisions or delaying the decisions.

Obviously, we come to know whether the decision is right or wrong only when taken and not while finalizing the choice.

The effect of this mindset makes the people either too passive in not making decisions or being rude to prove to the world that their decision is right at any cost. Both behaviors are not good for the individual and the organization.

For example, as a manager, you need to decide to recruit a person after an interview. Instead of focusing too much on the right or wrong recruit, you have a choice to focus on the process of shortlisting, interview methodology, and make a deliberate choice. You will come to know whether the decision is right or wrong only after the person joins the organization and performs.

The capability is expected from the manager or leader is the ability to choose with the given facts than looking for too much perfectionism or worrying too much about the consequence.

Another example, as we are aware of the decision taken by the TATA group some years ago, to launch a low-cost, affordable car (NANO). During that time, it was applauded as bold, correct decisions. Today, they stopped manufacturing the model itself due to various reasons. Would we say it was the wrong decision? No…When they decided with the good intentions of providing affordable cars, the assumptions were different. Today they decided to stop manufacturing with the market reality as it was different from the earlier hypotheses. They demonstrated leadership by making decisions with the right motive and available data points.

In professional life, depending upon the role and the situations, we need to make decisions with good intentions and available information; time only will decide whether the decision is right or wrong. We need not worry too much about the consequence.

Also, we need to understand that decision-making is not an event; it is a process. That means it is continuous and ongoing.

Hence, as a manager/ leader, we need to decide with available facts and the right motive than worrying too much about the consequences of always being RIGHT.

It is better to be active by making decisions than to be passive by not making timely decisions.

We need to be aware of our mindsets towards labeling the decisions as right or wrong.

Let us discuss some more myths next week.

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