Insight
Every CEO faces moments where the decision carries significant strategic impact. High-stakes decisions require clarity of thought, balanced judgment, and a willingness to act despite uncertainty.
Key Strategies:
1. Gather the Right Information – Use data, intelligence, and expert insights.
2. Engage Multiple Perspectives – Consult diverse voices to improve decision quality.
3. Assess Risks and Scenarios – Consider best-case, worst-case, and most-likely outcomes.
4. Stay Principle-Guided – Anchor decisions in values and long-term strategy.
5. Decide Decisively – Avoid delays that create execution bottlenecks.
CEO Leadership Actions.
Establish a structured decision-making framework. Encourage leaders to escalate issues early. Communicate decisions clearly and explain the rationale.
Actionable Tip.
- Review one major pending decision and ask: “What’s the single piece of information we’re missing?”
Why This Matters?
Strong decisions build confidence. CEOs who lead decisively earn trust and keep the organisation moving forward.
About the Author
Ernest De-Graft Egyir, CEO advisor and Founding CEO of Chief Executives Network Ghana, convenes the Ghana CEO Summit and serves on Ghana’s Economic Dialogue Planning Committee.
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