How to Overcome Bad Decisions
There is nobody on earth who can lay claim to never making a bad decision. People make too many decisions for them not to make bad decisions once-in-a-while. Hopefully, those decisions have little impact. However, there will be occasions where you make some that have big consequences.
It’s going to happen. You try to do everything in your power to avoid these bad decisions. Perhaps, the information you needed was not available at the time you made the decision. Or, someone gave you the wrong data, whether intentionally or not. It’s possible you made a rash decision without giving much thought to the consequences of the decision. Whatever the case, the result may turn into an unpleasant and stressful situation.
You need to face up to the consequences. Take ownership of the decision and don’t pass the blame. It’s possible you will have to deal with someone if they didn’t give you the right information or they deceived you in some manner. Their action may be the cause of the wrong decision, and you have to choose if you should let that person go as a result. However, if you were the one that was responsible for making the final decision, then the consequences of that decision rests with you.
Stay confident and don’t panic. Learn about what happened and why. Then, try to find ways to reduce the impact of your decision. If it is a business decision that costs your company some money, make sure you let your management know about it right away. Don’t try to ignore the problem thinking that management may not notice. They will be upset when a mistake costs the company money. But, they will be even more upset if you don’t make it known in a timely fashion.
Don’t be afraid to talk to someone who may be able to help with the situation. It could be your boss or a mentor. They may be able to shed some insight into the situation. In fact, you could be blowing the situation out of proportion, and they will know how to get you out of it. But, they can only help if you give them timely information about it.
If the situation requires presenting your case to higher-level management, try to prepare alternatives on how to reverse the situation or reduce the impact. If these managers see that you have taken control of the situation, they may decide to let you run with the alternatives, although probably with a watchful eye of your manager.