From the course: Leading Strategically
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Understand decision parameters
- As a leader, your decisions define you, but I've talked with so many managers and leaders who haven't really thought about the way they make decisions. Taking some time to understand how you make decisions will help you to become more strategic in your personal decisions and in your leadership. There are essentially two paths we can take when making individual decisions. Neither one is always the right answer; rather, each has its benefits and times when it's more appropriate. The first is the autocratic approach. This is when you, as the leader, make the decision without any input from anyone else. These can be based on intuition or on reasoned judgment. Autocratic decisions can make sense if the following apply. You're in the midst of a crisis. If there's a tsunami coming, you're not going to call together a committee to figure out how you want to respond. When the risks are low. If there's little risk involved…
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