All entries for Tuesday 13 January 2009

January 13, 2009

From OPP to LE – about decisiveness

Finished OPP PMA, now turn to LE PMA.

When I started to read LE PMA, one thing came to my mind was a point that I read from OPP material. When Jeffrey R. Immelt, the chairman and CEO of General Electric after Jack Welch, was asked about what red for him was, where he thought he could use the most work, he answered: "decisiveness". Yes, indeed. Decisiveness is so important for a leader. Immelt said, "at my level in the company, it's clearly the thing that moves the needle the most. One of the things I've learned by experience is that you can run a productivity company and not have to give a lot of straight yes or no answers. You can make your base costs by cutting everybody by 10%, and you can do OK for a long time that way. But you can't drive a growth company by cutting everybody by 10% or by adding 10%. You have to make higher level moves, and that takes clear decision making."

Decisions a leader made can influence a company and direct it's future. Leaders are expected to make right and quick decisions. But it is sometimes so difficult to make an approprite decision or choice as the things may be very complicated, have important risks or consequences, and the world is increasingly changing. Moreover, when you made a decision, it means you accepted responsibility. Good research and excellent knowledge tempered by experience can help to make successful decisions. Other factors like strong initiative, good judgment, flexible attitude and openmindedness can all help a leader to be decisive.

Decisiveness is important for a leader, so for everyone of us. I heard that (I'm not too sure) everybody approximately makes 6000 decisions everyday. We are all making decisions. Even when you decide not decide, you have made a decision! If there's a decision need to be made, don't let it lie there, just make it!

Now I decide to close this entry. Good night! ^_^


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