In business good advice is priceless. Two of the key traits of being an effective leader are knowing your limits and dealing with the isolation of being at the top. Yet, leaders have a remarkable degree of overconfidence. This diminishes the amount of advice they seek leading to poor decisions. As leaders we all feel the burden of responsibility superheroes take on. How we go about managing these responsibilities makes all the difference. For instance, some of us prefer to be the sole source of decisions in an organisation. Some of us prefer to be more collaborative and open in our decision making. Regardless, an outside perspective helps. It ensures the wood from the trees are clarified and the perils of mono thought are limited. In short, the outside perspective helps us to accept we have problems. It helps us to understand them. It supports us in articulating the problems. It helps us understand the range of options we have at our disposal. It also helps ensure we prioritise the problems in line with the business needs. All this helps us to become more effective in our decision making.
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November 2019
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