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Chapter 5. Choose a Decision-Making Stra... > An excellent decision-making strateg...

An excellent decision-making strategy should:

  • Facilitate a logically sound decision, taking potential consequences into account.

  • Lead to a decision that is supported by the people who have to carry it out.

  • Be timely, enabling stakeholders to gain the full benefits and avoid needless penalties.

  • Use decision-making time with others commensurate with the benefits likely to accrue from the decision.

  • Safeguard confidential information and reinforce training and team-building.

Knowing when and how to share decision-making power is crucial to effective risk taking. You can improve your skill and learn more about the behaviors you actually use by completing the “Decision-Making Strategies Inventory” on the pages that follow.


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