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29.10.2017, 20:26 offline quote 

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“It's about making sure that the nature of the question is clear,
having the right information, discussing the issue with the right people, and knowing what the timeframe is.”

Professor Vikas Shah, a lecturer at MIT and Alliance Manchester Business School, says that getting “buy-in” from staff on decisions is important. “Even if I feel that I know what the decision is, I want
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Decision making can be stressful and business leaders should not pretend otherwise, says Prof Shah. However, leaders sometimes put pressure on themselves and rush to make a decision. “We aren't fighter pilots or surgeons; we don't have to make split-second, life-or-death decisions,” he says.

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However, if a decision does turn out to be the wrong one, all the experts agree that the best approach is to admit it and seek to remedy the situation. Prof Nelson says: "Admitting that a mistake was made and quickly taking things in a new direction is a sign of a mature leader.”

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