Time plays a critical role in decision making. Having adequate time to think through and make well informed choices is becoming a luxury for executives. These decisions have high stakes and may have long running consequences.
Hence, the ability to create decision impact at speed isn't just a skill—it's a strategic survival mechanism.
How can executives enhance effective decision making @ speed?
In their book, Total Focus, Make better decisions under pressure, Brandon Webb ( Former Navy SEAL Sniper turned CEO) & John David Mann talk about some of the the ways that one could use to make better decisions under pressure.
The Top 3 are:
Front Sight focus
Front sight focus is that state of intense concentration in which all your resources and abilities are brought to bear on a singular intention. ~ Book: Total Focus
The singular intention is guided by the over-arching purpose & goal for your decision.
The ability to drown the noise and intentionally focus on the most important information/ problem at hand helps executives to build effectiveness in decision making. This is about having magnifying glass intensity and focus on the foreground of the events that are unfolding.
Total Situational Awareness
This may look as the exact of front sight focus. But in truth is complementary to it.
Total situational awareness is what you achieve when you practice forethought and thorough preparation, combined with a state of moderate vigilance. ~ Book: Total Focus
Awareness of what's happening in the background while your focus is on the foreground will help you prepare to respond appropriately without being biased by either.
Violence of Action
Violence of action is where front sight focus and total situational awareness come together in a moment of decisive initiative, swift as a bullet and just as deadly. Do your homework, take every factor into account you possibly can, focus unwaveringly on your target—and once the instant for action appears, act boldly and without hesitation. ~ Book: Total Focus
This is where the rubber hits the road, where potential energy transforms to kinetic energy.
This is where the next best decision / action to a decision emerge and are enacted.
This will prevent over-thinking and start the game. Decision making is not all thinking and no doing. It's as much about the head as its about the hands.
All the above are possible when
Your body is in its reasonable shape and readiness
Your mind is uncluttered with self doubts
You are prepared as well as present.
It all goes back to fundamentals of how you treat and respect yourself.
What works for you to make decision making under pressure?
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