The Power of Decisive Action in Business
Nov 30, 2023Imagine being a crew member on a yacht, setting sail from Sydney to Hobart during the bustling race day.
Now picture this: encountering a cyclone halfway across the Pacific Ocean, much like the dramatic events of the 1998 race.
What would you expect from the yacht's captain in such turbulent moments?
Would you anticipate a group discussion to weigh the options?
Certainly not. During such times, you yearn for the leader to be decisive.
Decision-making stands as a cornerstone of effective business leadership.
In the revered book by Napoleon Hill, ‘Think and Grow Rich’, decisiveness is hailed as one of the predominant habits of the affluent. Their knack for swift decision-making is commendable. The book even suggests that making an incorrect decision can be more productive than being indecisive.
Hesitation breeds procrastination, culminating in an overwhelming pile of tasks, leading to increased stress and sleepless nights. Once a decision is settled upon, it liberates your mind, paving the way for subsequent choices.
During challenging times, your decisions should be bolder and imbued with confidence.
Drawing from the earlier yacht scenario, you'd want the captain to exude calmness, instil confidence in the crew that they can weather the storm, and decisively instruct the team.
A remarkable read that delves into intuitive decision-making is 'BLINK' by Malcolm Gladwell.
Gladwell asserts that we often instinctively know the right decision in a split second. Yet, we tend to overthink, leading to unnecessary delays, dwindling confidence, and escalating stress as tasks accumulate.
On my decision-making journey, I often find solace in pondering, "What would Richard Branson decide in this situation?" This mental exercise often guides me towards progressive choices. Moreover, I firmly believe in the mantra that the best defense is a good offense, implying that we occasionally need to exhibit assertiveness in our decisions, propelling the business towards growth and success.
Wishing you a decisive week ahead,
Andrew Roberts & The Farm Owners Academy team