57: Dodging Leadership Landmines: 9 Decision Pitfalls to Avoid | Damon Lembi
A recent McKinsey study shows that leaders spend 40% of their time making decisions. With so much at stake, shouldn’t it be critical for leaders to master decision-making? In this solo episode of “The Learn-It-All Podcast,” Damon Lembi, CEO of Learnit, uncovers 9 of the most common decision-making pitfalls that leaders face—and how to avoid them. Whether you're steering a small team or a large organization, these insights will help you lead with confidence and avoid costly mistakes. Dodging Leadership Landmines: 9 Decision Pitfalls to Avoid
This Episode Covers:
Rushing Decisions: The Hidden Dangers
Overcoming Decision Paralysis
Defining Success Before Deciding
Considering Risks: Why It’s Critical
Escaping Binary Thinking
Identifying the Root Cause
Avoiding Emotional Decisions
In This Episode:
(00:18) Introduction to Decision-Making: Damon introduces the importance of decision-making, highlighting a McKinsey study about the significant time leaders spend making decisions.
(00:54) Rushing Decisions: Discusses the pitfalls of making hasty decisions without thorough consideration and how to avoid them.
(01:54) Decision Paralysis: Explores the dangers of overthinking and how to overcome the fear of making decisions with less than perfect information.
(03:00) Undefined Success: Highlights the importance of clearly defining success criteria before making decisions to avoid misaligned outcomes.
(07:24) Treating Symptoms, Not Causes: Damon shares a story illustrating the significance of addressing root causes rather than just symptoms in decision-making.
(11:05) Emotional Decisions: Discusses the impact of emotions on decision-making and strategies to prevent emotional bias.
About Our Guest:
Damon Lembi is the CEO of Learnit, a live learning platform that has upskilled over 2 million individuals in the past 30 years. With a deep passion for leadership and decision-making, Damon draws on his extensive experience to help leaders make smarter, more informed decisions. He is a frequent speaker on leadership topics and is known for his engaging storytelling that brings practical insights to life.
Resources:
LinkedIn: https://www.linkedin.com/in/damonlembi
Learnit: https://www.learnit.com
Instagram: www.instagram.com/damonlembi
Good Decisions Equal Success by Damon Lembi and Candice Porter
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