At this point in the meeting the team was feeling pretty good about the choices, but decided that the next step would be to take these ideas and study them for three weeks and come back with a recommendation of which one to pursue.
Why not decide right now, you ask?
The team realized that in three weeks, they probably would not learn anything materially different than what they already knew. Thats the thing about a being a game changer: Leaders never have all the data. So they decided. They picked one.
Instead of leaving the meeting, right there in the meeting we worked on the action plan to get a game changer started. We evaluated the stakeholders and adversaries, cataloged resource requirements, and created the list of the first five questions to be answered and subsequent decisions to be made. We put dates in place for the first draft of the business proposal. We talked about the timeline and approach for getting employee buy-in.
We were moving forward. Think about how much time this team saved. Without a decision, multiple people would have left the room with a task to study for three weeks. That would take a toll on their day job and not move the new strategy forward one inch. Instead they left with productive tasks to make real forward progress.
So why is it hard to decide?
Its not so much that they are afraid they are making a bad choice, or afraid of the risk that comes with choice. When I work with groups that have plenty of data, I find two surprising reasons why they have trouble deciding:
1. The leader does not want to force it through. The study is seen as an opportunity to get participation and buy in. In this why, the leader is not seen as railroading the decision through the organization.
2. The team thinks the leader requires more information. The study time is seen as an opportunity for the team to satisfy the leader that their recommendation is valid because the choices have been fully studied and justified.
What is so interesting is that in many cases, the team actually doesnt mind if the leader states his choice, and does not actually require more data! They just get locked in this default behavior to collect more data to satisfy a need that doesnt exist.
Talk about it. Make a decision. You are allowed.
There is time for market analysis and study, and there are times when either you know the answer, or there is no more useful data to be had. When you think you have reached this point ask yourself these questions:
By all means, if there is knowable data, go find it. But if youve exhausted the knowable data, stop studying! Start moving something forward and learn as you go.
If you fail, fail quickly. Then dont try to save a bad idea by throwing more money at it. Learn, then try something else if necessary. The most successful companies are not the ones that don't do everything right, they are the ones that can fund their mistakes, and eventually come up with the winning play.
Today Patty is the CEO of Azzarello Group, a unique services organization that helps companies develop and motivate their top performers, execute their strategies, and grow their business, through talent management programs, leadership workshops, online products & public speaking.