Dr. Myranda S. Grahek, President, Leadership Worth Following, LLC.

Leaders are called upon to make a host of decisions every day. Many decisions are made almost reflexively—based upon accumulated experience, knowledge, and even instinct. Negative impacts most often occur when decisions are delayed or not made at all. Occasionally leaders are faced with highly complex decisions where there is no clear-cut solution. The consequences of a good or a poor decision can be significant and felt throughout the company. A wrong decision could have significant, even catastrophic consequences. The key to making good decisions and avoiding big messes begins with implementing an effective decision-making process.