Red tape and pressure cause bad decisions

Four out of 10 senior managers say they have made a bad decision in the last six months, according to research from the Chartered Management Institute (CMI).

Four out of 10 senior managers say they have made a bad decision in the last six months, according to research from the Chartered Management Institute (CMI).

Even though senior managers say that they are confident in their own abilities, they cite pressure from colleagues as clouding their judgement. 15% of managers blame poor decisions on a lack of time, 14% cite bureaucracy and 13% point the finger at a lack of resources.

Despite the negative influence of colleagues, 78% of the managers recognise they need to consult their team before making decisions.

Making a few mistakes is not necessarily a disaster, believes Jo Causon, director of marketing and corporate affairs at the CMI.

"It's worth remembering that, sometimes, more can be learnt from errors than from getting things right," she says.

"By making sure you are informed and well prepared before making your final decision, you will minimise the potential for errors and wrong choices."

Responding to the findings in the research, CMI warns against making decisions too fast without fully assessing the risks and impact. Managers should always consider the impact of their decisions on their team and communicate their conclusions clearly.

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