I read an article recently about how groups make decisions. It struck me that whilst not being able to make a decision is harmful to performance, making bad decisions is even worse.
History throws up some monumentally bad decisions that serve as a reminder to us all that smart people sometimes get things spectacularly wrong.
Deciding to launch the Challenger Space Shuttle in 1986 even though a good number of people knew there were problems was not one of NASA’s finest hours. Televised live to a huge audience it was a massive set back to their work, and a tragic loss to the families of all those on board. Yet what impresses me about NASA is its openness. It has an online database of lessons learnt which is there for anyone to inspect. It has very detailed findings by engineers as well as some of the larger and more significant lessons. I have no doubt that as public-facing data it is less frank and less complete than their internal version, but nonetheless it’s an extremely useful reminder to everyone that lessons need to be, and indeed can be, learnt.
It also gives some confidence that things will actually change and people will learn from such a horrendous accident.
A great deal of research has been done on decision making and how to improve it.
Researchers have identified 4 danger signs:
- Emotion
- Attachment
- Using intuition
- Decisions based on self-interest rather than the greater good.
All make us a little uncomfortable because they are certainly not confined to the historically dreadful decisions, but also crop up in our day to day work. And just knowing that list isn’t necessarily going to save us from a mother-of-all-foul-ups. So, how to avoid bad decisions? Well, that makes interesting reading, too. You might be surprised to hear that all four recommendations involve other people. Far from “committees” producing camels, they actually produce better decisions. Recommendations include:
- Finding safeguards for risky decisions
- Get someone to challenge your views
- Not having all the power vested in one person
- Monitoring what happens afterwards.
Four simple and effective ways to make better decisions.
Targets and scorecards have been shown over and over again to be harmful if they are measuring the wrong things. Deciding what are the right things is easier to say than it is to do, but that little list above might just be some help.