 |
The Chinese
do not have a word for crisis. The
crisis is represented by a combination of the characters for risk and opportunity. People’s behavior change when risks are evaluated
and these changes open up new opportunities.
The speed of
changes is usually faster during a crisis, calling for more rapid decision
making. Time is compressed,
circumstances are usually deteriorating and there is no luxury of complete
information to base the decision on.
Leadership
takes many forms. The stakes are high. For a good leader to find a solution, he has
to fully understand the problem he’s facing.
In times of crises, a leader has to be decisive in making decisions. Enough background information is required
with the right counsel to understand the problem. But speed sometimes is more important than
precision when in crisis.
All
decisions have sunk costs. They define a
trajectory, creating some path of dependency in moving forward. Some decisions will inevitably prove to be
sub-optimal, even wrong or harmful. But
such is the nature of decision making.
Leaders are
ultimately defined by the decisions they make and a decision not made is more than
making a bad on.
Dr.
Nungsari Radhi
My Say:
Leaders are defined by the decisions they make
The Edge, August 1-7, 2011
No comments:
Post a Comment