Decision Deadlock: Moving out of Paralysis into Action ASAP
11/13/24 • 18 min
In a fast-paced business world, decision paralysis is a major obstacle in business, stalling innovation and financial success. Maartje tackles this issue head-on, highlighting how fear, overwhelming data, high stakes, and unclear objectives often keep leaders stuck. She cites studies revealing that indecision significantly impacts financial performance and employee productivity, making swift, confident decision-making essential for thriving in a competitive landscape. To overcome this, Maartje recommends a structured approach: clearly define decisions, align options on equal terms, and focus on actionable data. Bringing in an external facilitator to provide fresh perspectives or using frameworks like the Stanford Decision Quality Model, can create lasting decision hygiene within an organization by ensuring clarity, alignment, and accountability.
About the Host:
Your host, Maartje van Krieken, brings a wealth of experience from the front lines of business turmoil. With a background in crisis management, managing transformation and complex collaboration, she has successfully guided numerous organizations through their most challenging times. Her unique perspective and practical approach make her the go to First Responder in the arena of business turmoil and crisis.
Podcast Homepage: https://www.thebusinessemergencyroom.com/
https://www.thechaosgamesconsulting.com/
https://www.linkedin.com/in/maartje/
Thanks for listening!
Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page.
Do you have some feedback or questions about this episode? Leave a comment in the section below!
Subscribe to the podcast
If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe in your favorite podcast app.
Leave us an Apple Podcasts review
Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.
In a fast-paced business world, decision paralysis is a major obstacle in business, stalling innovation and financial success. Maartje tackles this issue head-on, highlighting how fear, overwhelming data, high stakes, and unclear objectives often keep leaders stuck. She cites studies revealing that indecision significantly impacts financial performance and employee productivity, making swift, confident decision-making essential for thriving in a competitive landscape. To overcome this, Maartje recommends a structured approach: clearly define decisions, align options on equal terms, and focus on actionable data. Bringing in an external facilitator to provide fresh perspectives or using frameworks like the Stanford Decision Quality Model, can create lasting decision hygiene within an organization by ensuring clarity, alignment, and accountability.
About the Host:
Your host, Maartje van Krieken, brings a wealth of experience from the front lines of business turmoil. With a background in crisis management, managing transformation and complex collaboration, she has successfully guided numerous organizations through their most challenging times. Her unique perspective and practical approach make her the go to First Responder in the arena of business turmoil and crisis.
Podcast Homepage: https://www.thebusinessemergencyroom.com/
https://www.thechaosgamesconsulting.com/
https://www.linkedin.com/in/maartje/
Thanks for listening!
Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page.
Do you have some feedback or questions about this episode? Leave a comment in the section below!
Subscribe to the podcast
If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe in your favorite podcast app.
Leave us an Apple Podcasts review
Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.
Previous Episode
Bridging Generations: Navigating Family Business Succession
Family-run businesses are rich with legacy, but they can also harbor complexities, especially when facing generational transitions. Navigating these critical transitions takes more than a solid business plan; it requires wisdom, respect, and sometimes, a little outside help. As an expert in this field, Mike Schmitt shares his insights on how to secure a sustainable future for family enterprises. Mike explains how his work bridges financial guidance and interpersonal mediation, helping families navigate generational transitions smoothly. He highlights the challenges families face when blending business with personal history, emphasizing communication and proactive planning to avoid conflicts. With examples from agriculture and other industries, Mike shares the value of creating advisory councils that distinguish family values from operational goals, underscoring that successful succession requires both strategic foresight and understanding of family culture.
About our Guest:
Mike Schmitt started the Rubra Group in 2009. The goal was to work with mid-sized and closely held businesses to better understand what makes them special to their Employee’s and Customers, and then add just a bit of Corporate rigor to enhance the value and longevity of their businesses. Over the years we have worked with families and partnerships long enough that they have asked us to come back and assist with transitions. We are able to help in many situations, but our passion is assisting in helping these business leaders process the best path for them and their enterprises. The Rubra Group assists Families and Companies throughout North America, often in the Agricultural and Construction sectors.
Mike on LinkedIn: https://www.linkedin.com/in/schmittmj/
Book on Amazon: https://a.co/d/8czr8zV
Company Website: http://rubragroup.com/
About the Host:
Your host, Maartje van Krieken, brings a wealth of experience from the front lines of business turmoil. With a background in crisis management, managing transformation and complex collaboration, she has successfully guided numerous organizations through their most challenging times. Her unique perspective and practical approach make her the go to First Responder in the arena of business turmoil and crisis.
Podcast Homepage: https://www.thebusinessemergencyroom.com/
https://www.thechaosgamesconsulting.com/
https://www.linkedin.com/in/maartje/
Thanks for listening!
Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page.
Do you have some feedback or questions about this episode? Leave a comment in the section below!
Subscribe to the podcast
If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe in your favorite podcast app.
Leave us an Apple Podcasts review
Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.
Next Episode
Crisis Talk: Turning Chaos into Strategic Communication
When disaster strikes and reputations are on the line, are you ready to communicate your way through the storm? Effective crisis communication is a cornerstone of business resilience, as highlighted in this discussion with Melissa Hodgson, a seasoned PR and Communications Expert. Drawing from over three decades of experience, Melissa emphasizes the importance of proactive planning to mitigate business emergencies, from natural disasters to reputation crises. She shares insights on why organizations must anticipate vulnerabilities and cultivate trusted relationships with communication specialists. Moreover, she stresses the role of transparency, respect, and tactful messaging in managing public and media narratives, even when sensitive issues arise. This episode serves as a powerful reminder to prioritize readiness and strategic communication to maintain trust and credibility during crises.
About our Guest:
Melissa Hodgson, ABC APR, is an award-winning public speaker, PR practitioner and proven leader with a unique perspective on crisis communication. As vice president at Gambel Communications, Melissa provides crisis communication counsel and oversees best-in-class public relations services for Gambel clients.
With more than 30 years’ experience in public relations and issues management, Melissa has successfully represented her employers and clients in proactive and reactive communication environments.
Melissa is accredited by both the International Association of Business Communicators (ABC) and Public Relations Society of America (APR). The dual accreditation indicates her commitment to the rigorous national and international standards for senior communicators. She earned a bachelor’s degree in communication theory and public relations from the University of Alabama.
About the Host:
Your host, Maartje van Krieken, brings a wealth of experience from the front lines of business turmoil. With a background in crisis management, managing transformation and complex collaboration, she has successfully guided numerous organizations through their most challenging times. Her unique perspective and practical approach make her the go to First Responder in the arena of business turmoil and crisis.
Podcast Homepage: https://www.thebusinessemergencyroom.com/
https://www.thechaosgamesconsulting.com/
https://www.linkedin.com/in/maartje/
Thanks for listening!
Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page.
Do you have some feedback or questions about this episode? Leave a comment in the section below!
Subscribe to the podcast
If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe in your favorite podcast app.
Leave us an Apple Podcasts review
Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.
The Business Emergency Room Podcast - Decision Deadlock: Moving out of Paralysis into Action ASAP
Transcript
Maartje van Krieken: Hi. Thanks for tuning in today. I'm glad you're back here. The topic I want to talk today in business emergency space is decision paralysis. I think decision making in general is a fabulous subject, but also complex and one that much strands on but particularly being paralyzed in key decisions is a major contributor to chaos. 31% of United States business leaders delay decisions as long as possible. McKinsey has shown that slow decision makers, or
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/the-business-emergency-room-podcast-571776/decision-deadlock-moving-out-of-paralysis-into-action-asap-78311296"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to decision deadlock: moving out of paralysis into action asap on goodpods" style="width: 225px" /> </a>
Copy