The Best Leaders Make the Best Decisions

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The Best Leaders Make the Best Decisions

Summary

  • As the leader, having the most context lets me make the best decisions for my company.
  • Without context, I can't make good choices for my company or my team.
  • If I don't know what's happening or if my team is doing their best work, I can't improve the department or grow the business.
  • It's important to have visibility into everything that's going on to lead effectively.

Video

How To Take Action

Implementation Strategies for Better Decision-Making and Growth

Gain Context

I would suggest implementing regular check-ins with your team: Create a weekly or bi-weekly schedule to have short 15-minute meetings with each team member. This will help you understand their challenges, progress, and how they are feeling about their work.

A good way of doing this without overwhelming yourself is to set up a shared calendar: This will help everyone stay on track and make sure these check-ins are efficient and focused.

Increase Visibility

Establish a system for regular updates: Ask your team to send brief daily or weekly updates via email or a shared document. They should highlight key accomplishments, ongoing projects, and any obstacles they need help with. This keeps you informed without taking much time.

Utilize simple project management tools: Tools like Trello or Asana are free or low-cost and can help keep track of tasks and responsibilities. This not only gives you visibility into what everyone is working on but also helps the team stay organized.

Foster Transparent Communication

Encourage an open-door policy: Make it clear to your team that they can come to you with any issues or ideas. This fosters a culture of openness and ensures you are aware of potential problems or opportunities early on.

Hold monthly town hall meetings: These can be informal gatherings where you share company updates and invite feedback. It’s a low-cost way to keep everyone in the loop and show that you value their input.

Continuous Improvement

Set up a feedback system: Regularly ask for feedback on processes and workflows. This can be done through simple anonymous surveys. Use this feedback to make iterative improvements.

Invest in your learning: Spend time each week reading industry articles, watching webinars, or listening to podcasts. Keeping yourself informed will help you make better decisions for your business and your team.

Conclusion

Implementing these strategies will help you gain the context needed to make better decisions, increase your visibility into what's happening, and improve communication within your team. These steps are low-cost and easy to integrate, making them perfect for small businesses and entrepreneurs looking to grow effectively.

Full Transcript

the person with the most context makes the best decisions and so as the leader of the company if you don't have context how do you make good decisions for your company you don't same goes for a leader of a department if you don't know what's happening if you don't even know if your people are doing the their job to the best degree possible how can you determine what to do to make the department better to grow the department to grow the business you can't you want to have visibility into everything that's happening

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