Identifying a Decision-Worthy Problem

Executive time and mind space is a scarce non-renewable resource.

According to Mckinsey, 37% of it is spent on decision making and more than 18% is spent ineffectively.

One of the reasons for this ineffectiveness is because of spending crucial Executive time on the wrong problems/ items that should not necessarily be solved for, on priority and/or importance.

Executives have to be systems thinkers to identify the right problem to make a decision for.

Linear thinking creates an illusion of the problem that executives need to be weary of.

System thinking experts, Jim Ollhoff & Michael Walcheski talk about the indicators that give a hint about the wrong problems that executives might get pre-occupied with.

So before making a decision, ascertain the following

1. It's the right context/problem that you are spending your time and energy on.

2. Only you have the ability, power and authority to take the call and not someone else.

3. There is really a decision worth making.

4. Now is the time.

   
   

#coaching #executivecoaching #decisionmaking #rightproblem #leadershipcoaching