Last week, I talked here about how it could be costly to defer hard decisions.
I can honestly say that the higher I have progressed in an organization that the harder the decisions have been. But that’s part of your role as a leader. Here are a few hard decisions I’ve had to navigate and some tips on making them.
To Spend or not to Spend – Some people’s financial management philosophy is easy: just don’t spend money. But when you’re responsible for a team or organization, spending money in some categories is an investment in your future. Wise spending can help propel you toward your values and encourage positive organizational momentum. Good questions to ask yourself here:
- Are you investing in a tangible asset that will survive 12 or more months and benefit yourself and other members of your team?
- Are you providing resources that will help members of your team be more effective or more efficient in their roles? (Training, technology, and administrative support are all valuable ways to resource a highly functioning team member. PS. You are a member of your team so this applies to you also.)
- Are you providing for the maintenance of a tangible asset to increase it’s life for 12 or more months beyond what it would be without the maintenance?
- Does this person have the skills and competencies that are critical to the position?
- Does this person have solid character? (You can’t get this in an interview alone. Contact references.)
- Will this person be a good fit for the culture of my organization?
- Does this person have the capacity for where I hope to be going with our team in the next season?
- Would you hire this person again, if they were interviewing today for the role? Consider the “To Hire or not to Hire” questions above.
- Is this person keeping other team members from performing to their potential?
- Will this person be better off?