All entries for Monday 05 March 2012

March 05, 2012

Due diligence

Robust decision making and Leadership

This is sort of what I was looking for to answer my question in Leadership module,...
I was always wondering when I heard good leader must make good decision,
and I was thinking how?....

what could leader possibly do the ensure good outcome,
what's a guarantee for that,
how would a leader make good decision everytime?
and is it about making a decision or managing the situation after that.....

then Jeff said,....good decision doesn't always lead to good outcome, but good decision is one that's best for that time being, and it's made based on information/facts/ appropriate tools, .........brilliant !!

Due diligence..... I think it is safe to say that leaders who did their job in the process of decision making but faced horrible outcome due to uncontrollable factors are considered better leaders than ones that made decision by their hunch or instinctively.

That's exactly leader's responsibility,...making sure that every decision is best made, thorough, and based on facts. is to take into account contingency,....make it robust.

March 2012

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