When Good Leaders Make Bad Decisions
Tuesday, February 24, 2009
Sometimes good leaders make poor choices. It's a fact of life. In a Harvard Business Ideacast interview, Dartmouth professor Sydney Finkelstein said, "being a successful leader is not just about intelligence, not just about being smart, it's about actually making the right moves at the right time."
So how do we, as leaders, learn to make the right moves? Mr. Finkelstein gives four "red flag conditions" that may indicate we are headed in the direction of a bad decision.
- Misleading Experience - Unless our past experiences are a close match to the existing conditions, they may mislead us
- Self-Interests - Sometimes our sub-conscious will lead us in a direction that isn't in the best interest of the organization
- Pre-Judgements - We might have a tendency to stick by early decisions and look for supporting data, while discounting any opposing information
- Attachments - We may be influenced by emotional attachments to people, places or things
In our efforts to become great leaders we should look for these red flags when making key decisions. If any of them are present, evaluate the situation and determine if they are leading you toward a bad decision.
posted by john smith at
9:21 AM
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