Three Essentials for Making Effective Decisions

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Presentation transcript:

Three Essentials for Making Effective Decisions Feb 2016 Three Essentials for Making Effective Decisions 33rd Annual Chairpersons Conference Charleston, SC – April 5, 2016 R. Kent Crookston Brigham Young University Provo, Utah 84602 kent_crookston@byu.edu Crookston - BYU

Roger Porter (2005) American Presidency Confidence

Porter’s 9 - Classical Identify decision maker Clarify decision Stakeholders Data Options Objectives Best option Mourn Implement

If one did specify only three… What would they be?

“Classical model a myth” Gut Identify decision maker Clarify decision Stakeholders Data Options Objectives Best option Mourn Implement “Classical model a myth” - Klein (2003) Crookston’s 3 Be Proactive Be Humble Be Composed “Thinking too much” - Lehrer (2009)

Be Proactive

Be Proactive I control one thing: myself Response-ability = able to choose response Behavior a function of decisions, not conditions - Covey (1989)

“In choosing our response, we powerfully affect circumstance” Language There’s nothing I can do That’s just the way I am He makes me so mad I have to I can’t Alternatives? I’ll change I control my feelings I choose to I choose not to “In choosing our response, we powerfully affect circumstance” - Covey (1989)

I am a loving caring daughter A story I am a loving caring daughter -------------- I am excellent at remembering names “That’s a Lie!” It was a decision

“Your life is the creation of what you focus on – and what you don’t.” - Gallagher (2009)

Practice Olympic hopefuls Club Skaters Amateurs - Patterson et al. (2008)

Make sure everyone understands the ‘decision rules’ in advance Porter’s 9 - Classical Identify decision maker Clarify decision Stakeholders Data Options Objectives Best option Mourn Implement Make sure everyone understands the ‘decision rules’ in advance - Sanaghan (2015)

Porter’s 9 - Classical Identify decision maker Clarify decision Stakeholders Data Options Objectives Best option Mourn Implement “Inside every butterfly there's a caterpillar that succeeded in letting go.”   Lynch & Kordis (1988)

The Road Not Taken Robert Frost 1874-1963 The other road would also have made all the difference, because he would have “taken” it. Robert Frost 1874-1963

Be Humble

HUMILITY: Positive mid-point between arrogance and lack of self-esteem Minimize your preconceptions; maximize your listening - Schein (2013)

How do you know when you are listening? Undergraduate student: “Willing to be influenced” “Willing to change my mind” - See also Schwartz (2015)

Truth About Smart Decisions “Don’t be afraid to not be the expert.” “One good mistake can teach us more than all the successful decisions combined.” - Gunther (2008)

Previously unremarkable Level 5 Leadership Looked for: Companies that: Outperformed Fortune 500 3X (15 years) Previously unremarkable - Collins (2005)

Previously unremarkable All had Level 5 Leader Level 5 Leadership Found: 11 Companies Outperformed Fortune 500 7X (15 years) Previously unremarkable All had Level 5 Leader - Collins (2005)

5. Personal Humility & Professional Will Level 5 Leaders 5. Personal Humility & Professional Will 4. Clear & Compelling Vision 3. Effective Pursuit of Objectives 2. Contributing Team Member 1. Highly Capable; Good Work Habits - Collins (2005)

Level 5 Leaders Personal Humility - Collins (2005) Compelling modesty Company first, self last Poor results looked in mirror Success looked out window Gargantuan ego of CEO led to mediocrity or demise of comparison companies - Collins (2005)

Level 5 Leaders Personal Humility Compelling modesty Company first, self last Poor results looked in mirror Success looked out window Impact of Level 5 decisions: on your unit’s success? on your own legacy?

Be Composed

When things matter most – we’re at our worst behavior We start to go blind Hard time seeing beyond the point we’re trying to make - Patterson et al. (2002)

Mind-reading failure Autism - Gladwell (2005)

Lizard Brain

“That’s not like me” I am excellent at controlling my anger Could she have written?: I am excellent at controlling my anger “That’s not like me”

“Stress clips the ability Mauboussin “Stress clips the ability to think long-term and compels poor decisions.” - Mauboussin (2009)

Be Proactive Be Humble Be composed Confidence