Here's how you can improve your decision-making abilities as an executive.

As an executive,improving your decision-making abilities is crucial.Start by seeking diverse perspectives & actively listening to different viewpoints from your team.This helps you gain a well-rounded understanding before making decisions.Prioritize gathering relevant data and facts to base your choices on evidence rather than assumptions. Additionally,take time to reflect and consider potential consequences before finalizing important decisions.Learn from past experiences, both successes and failures, to refine your judgment over time.Lastly, trust your intuition when data is limited, but be willing to course-correct if new information arises.By embracing these practices, you can enhance your decision-making prowess as an effective leader

First gather comprehensive data relevant to the decision at hand. This means looking beyond the surface and delving into the nuances that could impact your choice. Consult with different departments, understand market trends, and anticipate potential risks. Remember, quality data is the bedrock of sound decision-making; it provides clarity. Then look at the situation from different angles and consider alternative solutions. It's crucial to avoid confirmation bias, where you favor information that supports your preconceptions. Instead, challenge your initial thoughts and open yourself up to new possibilities.

Algo muy importante al momento de establecer objetivos es encontrar un balance entre la ambición y el realismo. Los objetivos demasiado ambiciosos pueden parecer inalcanzables y conseguir que perdamos motivación. Los objetivos que no son lo suficientemente ambiciosos también son desmotivantes y no representan un desafío real. Es importante considerar las fortalezas, debilidades y potencial propio y de nuestro equipo para lograr el equilibrio.

Improving decision-making as an executive involves thoroughly considering all options. Take time to explore different possibilities and understand their potential outcomes. Don't rush; gather insights from team members, data, and even your intuition to ensure a well-rounded perspective. Discuss these options with trusted colleagues to gain new insights and clarify the best path forward. By carefully evaluating each possibility, you enhance your ability to make informed decisions that align with your organization's goals and values.

Yes, all the logical steps mentioned—data, risk, numbers, etc.—are essential. However, I want to approach the question from the emotional and mindfulness perspective. It’s natural for humans to experience certain feelings when faced with big decisions. ' Every leader must develop the skill to sit down and sift through the various voices in their head. It’s important to acknowledge these feelings without being blindly driven by them. Before acting as the leader of the company, one must first be the leader of oneself. We may never know beforehand what the right or wrong decision is, but we can strive to make wise decisions in a sense that they are as conscious as possible and not BLINDLY steered by feelings or external factors.

It is very important to be mindful about unconscious bias while making a decision, it is neuroscience fact so we have to consciously check it, apart from that consulting all relevant stakeholders not only for gathering data, but also for people aspect is important. And above all developing Spiritual Quotient (SQ) day by day will always enable us to make better decisions.