5.1.1

The Importance of Patience for Decision-Making

Test yourself

The Importance of Patience for Decision-Making

Taking your time is key. Do not rush decisions.

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Don't be afraid to decide

  • Equally, do not be frightened of making a decision.
  • Temptation is your biggest Achilles here. When things are going badly, when you are faced with a difficult, testing or consuming situation, there is always a temptation to go for the quick and easy win.
  • Often this is not the smartest or best play and often, this will cause longer-term issues.
  • Often, the tempting play has unintended consequences that you probably had not considered.
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Waiting is good

  • Sitting tight and waiting intelligently can be one of the hardest things to do but this is such a key trait of the best leaders.
  • Taking your time over a decision, action or approach is hard. It is unpredictable though and hugely powerful.
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Misguided expectation of speed

  • People often expect fast decisions, fast actions, for there to be a high-speed impact.
  • Human nature is to be busy, to work at speed. Surely if we work at steam, fire out lots of emails and key actions then we have done our job?
  • In my opinion, this is wrong, flawed and a sign of a weak or misguided leader.
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First obstacle - you

  • The first obstacle to overcome when you take your time over a decision is yourself.
    • You must fight the inner mental voice that says you are being lazy.
    • Worse still, a narrative forms that you are being weak or waiting because you cannot make a decision.
  • Repel these thoughts when they form.
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Have a plan for waiting

  • If you are adopting an approach of intelligent waiting then have a plan, communicate this plan systematically and effectively, train people in how your plan works and their role within it.
  • The key is to have the strength of character to sit tight and believe in your plan and your approach.
  • Ensure that you hit your key milestones when you intended and stay tactical in your approach.

Jump to other topics

1Introduction

1.1Misconceptions & Key Principles

2Good Leadership Style

3Analysing Yourself

3.1Understanding Yourself

3.2Your Values & Dealing with Others

3.3Personal Qualities: Being Reflective & Humble

4Building a Team

4.1Important Principles for Building a Team

5Decision-Making

5.1The Key to Making Decisions Effectively

6Recap

6.15 Key Principles for Leading

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