LeaderShip Edge
December 2006 :: The Go Point
“Ultimately, every
decision comes down to a “go point” - that decisive moment when
the essential information has been gathered, the pros and cons
have been weighed, and the time has come to get off the fence.”
-
Professor Michael Useem, from his book “The Go Point”
You can see it now, the
anxious 2-year old on the swimming pool deck, mother waiting in
the water, gently prodding… “You can do it. Go ahead. Jump…”
He’s sitting in the
restaurant, the engagement ring in his pocket, waiting for her to
arrive. Tonight’s the night. “You can do it. Go ahead. Propose…”
She is wrapping up the
Annual Board Meeting, when a Shareholder asks to take the floor.
Trouble is brewing “You can do it. Go ahead. Let him speak…”
You’re looking at the
prototype, the financials have been projected, the team is proud,
but is the market ready for this? “You can do it. Go ahead.
Decide…”
Jeff Immelt, the CEO of GE
feels that GE has a problem - decisiveness. In reality, many
organizations suffer from what author Ram Charan has called “A
Culture of Indecision”. Organizations around the world have, at
their fingertips, all of the best processes and facilities to make
decisions: Offsite Planning Sessions, Team Meetings, Product
Meetings, and Design Meetings. As well, once a decision is made,
countless resources are available to implement it: Six-Sigma
Teams, Project Teams, Design Shops.
The one thing that many
organizations lack is the crucial piece in the middle - the
ability to actually make high quality decisions.
This is the very essence
of “the go point”.
The key is understanding
that the business world is moving at lightning speed, customers
are being wooed away by competitors that seem to pop up over
night, and it is imperative to continually increase the tempo of
your organization.
If you want to be around
tomorrow, your organization has to realize one thing - it’s go
time. The days of flip-chart mania are over. Analysis-paralysis is
now a lethal disease.
Successful executives will
be measured, in large part, on their ability to make tough
decisions, and ultimately to turn ideas into action.
Decide to Learn to
Decide
Being decisive is a
learnable skill.
What it requires is an
understanding that the more you put yourself into situations where
you are called upon to make a decision, the more you will gain the
experience and knowledge required to embrace that special moment –
the moment when the decision is made.
Once you are comfortable
with your ability to be decisive, you can then “mentor” those
around you to make tough decisions as well.
Decidophobia
As a leader, you must
become more aware of team members who display the symptoms of
decidophobia. The affliction may be related to the actual disorder
- hypengyophobia: the fear of responsibility.
Often, one of the major
factors causing a fear of making decisions, is the fear that there
won’t be an adequate support system for them on the other side,
whether the outcome is good, or bad. Your job is to ensure that
individuals know there is two-sided accountability; they are
responsible for achieving results, and you are responsible for
providing all things necessary to help them achieve the results.
Decision Templates
Although there are several
approaches to decision making, one fact remains - to make better
decisions, use a process, any process. By following a process,
there is a greater likelihood that, when it is time to “go”, there
will be an ability to pinpoint any holes in judgment, and the
commitment of the team will be greater.
As well, an additional
benefit of using a decision template is the transparency of the
decision process to all participants.
Yes, No, Maybe
The pursuit of
decisiveness, in many cases, is upended by organizational culture.
Lou Gerstner, former CEO
of IBM, noted that when he first came on board, he was presented
with a culture of “no”. Fear, infighting and misalignment had
caused an organizational response that stifled creativity,
innovation and, ultimately, morale. Every idea was promptly shot
down, with one swift - no.
Another unfortunate
situation arises when office politics come into play. This is the
culture of “yes”. To impress the boss, team members rally around
the boss’ initial decision and, once it’s approved, they promptly
start doing something else.
Lastly, and often most
costly, is a culture of “maybe”. In this case, the cautious,
analytical organization takes every suggestion put forth by team
members, and grinds all of the life out of them by spending
countless hours analyzing the ideas.
In any organization, the
focus should be on balancing the responses. Once a decision is
made, the decision is final and the action is carried out. If the
answer is yes, it is off the table once and for all. If the answer
is maybe, the idea is given its due process through an agreed upon
decision template, to produce either a yes or no.
In Our Opinion
The Beacon Group’s Keys to Developing a “GO” Culture
Ready
- Fostering a culture that rewards action while simultaneously
celebrating the unforeseeable failure is crucial. Ensure your
employees are enthused about making decisions, not fearful.
Set
- Although decisiveness is the key, having a rehearsed game plan
is a must. To ensure the decision is an educated one, it is
important to scenario plan what will happen once the decision is
actually made.
Go
- As a leader, this is the most crucial stage. When it is time to
go, it is your responsibility to unleash your decision with full
confidence. Showing your confidence will help build increased
support from your team.
Watch Film
- Understanding the correlation between the process you used to
make the decision, and the eventual outcome is an often-overlooked
step. In most cases the “review” happens when something fails; be
sure to review in good cases as well.