OUR LATEST RESEARCH HIGHLIGHTS
Leaders delay making decisions in situations that involve clear way of doing things (right vs wrong options). An even greater number of leaders delay making a decision when faced with a right and right option (two viable options).
These delays can be more than 2 days.
(N = 80; 48% women; 50yr; 90% university degree; 29% CEOs/President and 19% VPs; 80% in a Management Role; on average 12 years of experience; Consultation and manufacturing most common industry; 72% Canadian & 28% international).
49% stated costs ranging from $5k to over $1M. Only 3% knew the exact cost. watch this video.
46% stated costs ranging from $5K to over than $1M. Only 6% knew the exact cost.
Impact was greatest at the personal level which including arguing with family, loss of appetite, and declining invitation from family and friends. In fact, managers delaying a decision or even colleagues’ indecision caused as much mental distress as one’s own indecision.