This essay focuses on Mindful Decision Making and Driving Results.The project assignment provides a forum for analyzing and evaluating relevant topics of this week on the basis of the course competencies covered.
Review the following lecture:
The project assignment provides a forum for analyzing and evaluating relevant topics of this week on the basis of the course competencies covered.
Decision making and producing results are two responsibilities of any leader. As you continue to develop as a leader, you will be tasked with more situations where decision making and results will be a larger part of your evaluation.
Read the following articles along with this week’s lecture:
· The Effects of Organizational Citizenship Behaviors and Decision-Making Styles on Transformational Leadership Behavior
Using these articles as suggestions, develop strategies that will drive your decision-making practice and produce results as a leader. Be sure to include specific examples of:
Firstly,intentional and unintentional approaches
Secondly, a planned decision-making process
· Practice that will assist you in achieving goals for the organization
“Mindfulness has a number of real-world applications.”
It may sound like some kind of “out there” concept more appropriate for the yoga studio than the business world, but in truth, mindfulness has a number of real-world applications. In terms of decision-making tools, the evidence is mounting to show that it can have a powerful, positive impact on the process, leading to both better decisions and faster implementation. This is why INSEAD started incorporating mindfulness training into their MBA programmes.
According to Natalia Karelaia, Associate Professor of Decision Sciences at INSEAD, this once esoteric idea is now becoming more generally accepted in the mainstream. Meditation and other mindfulness practices are being introduced in corporations worldwide (for example at Apple, Google, Nike, General Mills, Proctor & Gamble and more), and the trend is only expected to continue. Leaders who want to remain at the forefront of progressive ideas are wise to consider the value of mindfulness as a business tool.
So, what makes mindfulness such an important tool for business decision-making? Simply put, it’s all about awareness. Remaining mindful means that you’re present – conscious of your thoughts, feelings, bodily sensations, and the surrounding environment.
With mindfulness, the decision-making process becomes a thoughtful, cognitive exercise, rather than an impulsive reaction to immediate needs. Analysis of mindfulness research shows that this kind of heightened awareness allows for:
These benefits are just the beginning. Ultimately, those who practice mindfulness in the workplace are more capable of aligning their intentions with their behaviours — a key trait for gaining respect as a leader.
Meditation has long been considered the primary strategy for building mindfulness. Randel S. Carlock, INSEAD Professor of Entrepreneurial Leadership says, “Meditation creates space in one’s mind to think.” Research indicates its positive effects also include stress reduction, improved clarity and focus, and enhanced physical well-being.
“Like anything, it requires practise.”
Doing meditation is easier than some people think.
Strange as it may sound, incorporating meditation into day-to-day work life may also have a positive impact on the bottom line. From better decisions to greater emotional intelligence and higher morale, this simple tool can dramatically improve the overall work experience for every employee at all levels.
Understanding its powerful business effects, Carlock has brought meditation to the classroom.
Like anything, it requires practise. Learning to do this successfully in a training environment improves students’ ability to leverage the skill in the real world.
A mind is a powerful tool, but in today’s busy world, it’s seldom given the space it needs to really process information fully. Mastering mindfulness allows leaders to reflect more deeply on important decisions, and come to better conclusions.