In addition to being a very unfortunate phrase, this is also a terrible terrible way to make decisions. https://twitter.com/EricNewcomer/status/1004063594730967040 …
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Secondly, nearly all decisions can be data driven, the answer is clear if you do some digging and modeling. Thirdly, nearly all of the remaining decisions are not irrevocable one-way decisions, so follow Colin Powell's advice that those in the field are always right.
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Fourthly, if you do have an escalation process to make a decision, it should only be because the decision couldn't make itself, so it's a grey area. Crowd wisdom and averaging can help most here, and open explorative discussion is key to training the judgement of future leaders.
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Related: talking through a decision like this also builds consensus and the outcome is usually clear without a "decider" having to actually "decide".
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Lastly: both because it's a grey area and because a senior decision maker is usually far from the details of the area, it's important to be willing to revise a decision and push back. Balancing that and the need to get on with things is an art.
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End of conversation
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Paraphrasing: Bring data or GTFO
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