Isolated? Hearing Echos? Find Your Decision-Making Sweet Spot

August 3, 2016 |

To be a great decision-maker you must fine-tune your network. You must also carefully and continually engage in social exploration. From the HBR article, Beyond the Echo Chamber:

“Decisions don’t happen in a vacuum; the best ones rarely come from deep pondering in isolation. They happen when people learn from and draw on the experiences of others. In this process, success depends greatly on the quality of social exploration—and on whether your information and sources of ideas are diverse and independent.”

…[T]he social networks of the star performers were more diverse than the networks of the middling performers. Star performers reach out to people from a broader set of work roles, so they understood the perspectives of customers, competitors, and managers. Because the stars could see the situation from a variety of viewpoints, they could develop better solutions to problems.

If you want to make higher quality decisions and achieve 30% better results then:

Expose yourself to broad, diverse, independent sources of information (CEO peer group)
Draw upon collective wisdom of your group (CEO peer group)
But guard against the herd mentality (CEO peer group)
And make sure you avoid groupthink (CEO peer group)

I am not trying to sell you. Either you’re in a ready-state for a CEO peer group or you’re not. If you are then let’s get in touch for 10-minutes. Please text or call me: (206) 890-6858. That starts the mutual selection journey into one of my groups.

Filed Under: Leadership, Management, Organizational Development, Relationships, Social Networking, StrategyTagged With:

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