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1 - Having The Courage Of Conviction

Be clear on your principles: Wise decision-making starts with a principles-based leader.

His or her principles are wired in and act as a compass, and this is particularly vital when your decisions are not universally popular. Ethical principles, specifically, will enable you to judge whether stakeholder demands meet your standards (above all, when an organization is set to basic conformity, rather than moral excellence).

To establish your walk away point.

Angelos papadimitriou biography of barack obama

Blend courage, instinct and sophistication: Courage runs through wise decision-making. It is not bought, sold, or taught, it is innate. Courage means bridging the gap between knowing what is right, and having the guts to do it.

Over time, an executive should accumulate sufficient sophistication to turn courage into positive action, to overcome rumination and analysis paralysis. S/he must also be alert to the pitfall