© 2019 by SOYD

Leaders Are Decision Makers

October 12, 2017

 

Leaders are decision makers, but don't make rash decisions.  Making the right decisions means analyzing all possible outcomes.

 

Since September 21st, I have been Monday morning quarterbacking the situation in Puerto Rico post Hurricane Maria. I have thought of every way I can support, and how I would’ve handled the situation if I were in a leadership role on the island. I cannot help myself. It is who I am.

 

In October 2012, I was managing a construction project. Before Superstorm Sandy my team and I prepared for all outcomes. We analyzed the building and worst-case scenarios. We prepared, and were ready to respond when the storm hit. Luckily, our building did not incur any damages; however, the community we were in did. The building became a shelter for those without power and water. I jumped right in to help emergency management services, and made sure the building’s power and HVAC remained working.

 

I have been in leadership roles for the majority of my life. When I am not making decisions, I am analyzing decisions I will eventually make. I analyze my past decisions and decisions others have made. I look at every possible outcome, and  think of scenarios that may or may not happen.  

 

As a business owner you are a leader. This means you need to think of every possible factor/scenario that can affect your business: cancellations, late deliveries, unpaid invoices, illness (you or your employees), natural disasters, politics, bank holidays, employee issues. You have to have a plan and a contingency (multiple) plan for every scenario. If you have a partner, work out the plans with her/him.  If not, consult those plans with a trusted advisor and/or board of advisors.

 

Keep abreast of all factors that can affect your business: read/watch the news, constantly communicate with your employees, vendors and channel partners - pay attention to all interactions. You want to stay sharp so when it comes time to make a decision, you can make it confidently.

 

Being a true leader means taking the brunt of the blame, and seeing the praise as just another day at the office.

 

Leaders always want to do more.  

 

ABOUT SOYD

As a comprehensive consulting firm focused on business development, SOYD is committed to providing the necessary platforms and deliverables for your business. SOYD has a proven track record of growing businesses, formalizing deliverables, educating business owners on day-to-day management and strategy and created the avenues for true success. 

 

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