Competency Snapshot: Decision making efficiency
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This document outlines the characteristics of decision-making efficiency, emphasizing the ability to make timely and sound business decisions based on available data and past experience. It highlights skills such as collecting and organizing data quickly, making realistic assumptions, and initiating action despite uncertainty. The content is part of a talent optimization process that includes various assessments and competency development resources aimed at engaging employees and improving performance.
Competency Snapshot: Decision making efficiency
- 1. DECISION MAKING EFFICIENCY: Bases decisions on available information supported by an understanding of overall goals; makes difficult decisions when 'under fire' or faced with tight deadlines; is capable of making sound business decisions in a timely manner; relies heavily on past experience and management seasoning as the basis for decision-making; willing to make a best guess in those situations where speed and relative accuracy and effectiveness are most necessary or appropriate
- 2. HIGH PERFORMERS… • Collects and organizes data quickly and intuitively • Able to make realistic assumptions without extensive information • Initiates action promptly, despite uncertainty of outcome; makes the best decision possible at any given point in time • Makes quick decisions based on the best data available, backed up with intuitive experience in urgent situations • Separates key information from irrelevant data © GrowthPlay
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