13.0 How to Make Great Decisions?

13.1 What is "How to Make Great Decisions"?

We are faced with decision-making daily, but it is very crucial that a leader comes to the best decision upon encountering situations. So, what makes a leader's decisive skill differ to others? Three elements are accounted to a leader in making the great decision: direct stakeholders, indirect stakeholders, and resources of focus and time.

13.2 The Three Elements

We will now take a look on each of the three elements in viewing their definition and importance. Following the sequence, a scenario will be studied basing on the three elements.

13.2.1 The Direct Stakeholders

Who are the direct stakeholders? They are, basically, the directors, managers and employees within an organization. Why are they important? Every level of the direct stakeholders is important because an organization without one or more of the three direct stakeholders will cease to function. Food for thought: Is the group of direct stakeholders more important than the group of indirect stakeholders?

13.2.2 The Indirect Stakeholders

Who are the indirect stakeholders? They are, basically, the suppliers, customers, society, government and shareholders. Why are they important? Every level of the indirect stakeholders is important because an organization without one or more of the five indirect stakeholders will pause to function. Food for thought: Is the group of indirect stakeholders more important than the group of direct stakeholders?

13.2.3 The Resources: Focus and Time

Finally, the two intangible resources that a leader needs to be mindful in turning a normal decision into a great decision: focus and time. Focus is whether or not the leader has the sufficient capacity in directing his/ her focus into a subject while managing other subjects of interest. Time is whether or not the leader has the sufficient capacity in managing his/ her time into a subject while managing other subjects of interest.

13.3 Making the Great Decision

Here is the case study. You are facing a high-time situation, wherein having two or more tasks of equal importance at hand that need to be attended and solved at the same exact time. What would you do?

Be focused on a task among all tasks, and gain clarity on the allocation of time needed for each of the tasks. Organize priorities on your time management basing on the keywords mentioned - cease and pause - together with how well can you invest your focus in that particular task and the capacity of time needed to finish it. All in all, it comes down to thinking critically on how would not solving a particular task impact the organization's swiftness of activity. Once the possible aftermaths are in mind, choose to prioritize for the task that has its highest significance in impacting the swiftness of activity.

I hope this topic benefits you as much as it has benefited myself, wa la hawla wa la kuwatta ila billah. Insha'Allah, the next topic will be posted in the near future.