10.5 Confidence in the Team and Themselves
Effective team leaders are confident in their abilities, as well as their team's capabilities.
Leaders are confident and secure in the decisions made that affect their team.
They're willing to make mistakes and own up to them. Mistakes made by leaders with integrity and honesty are not deliberate, but honest gaffs. The leader will own up to it and create an action plan to correct it. Management should never punish a team or leader for an honest mistake.
Self-confidence of a leader brings trust and respect from the team.
10.6 Deliver Decisions Quickly
Confident decision-makers will move forward as soon as they have enough information. They do not dwell on useless data.The team leader quickly stops any information that takes too much time, such as runaway presentations and endless loop debate.
Great leaders are able to process the information immediately, and ignore non-value added jumble.
A skilled leader will truncate or stop the flow of information that is not business-decision driven. Any additional assessments that do not affect the team's goals are non-value added and ignored.
The leader is confident to make decisions, even when not all of the information is present; they do not want to delay moving the project forward.
If the information is not available, they are able to use their networks to get the information and feedback quickly.
10.7 Able to Determine Calculated Risk, Make Business Decisions on Limited Information
Skillful leaders are in tune with the task and project; they are able to understand the problem, even with a lack of information.Skillful leaders are able to determine if there is enough information to make a decision.
Good leaders are able to collect the available information, and determine if it is reasonable. They will then weigh in on the risk of making a decision against the lack of information regarding the problem.
A skilled leader will be able to understand the ramifications of the decision in long-term and short-term possibilities.
A good example of poor leadership skills are managers that "shoot from the hip," making decisions based on snap judgments and own personal feelings.
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