High-stakes decisions are seldom clearly cut. On a team, it’s difficult to get consensus on what the “best” option even means; with an excess of choices, leaders can fall into the paralysis of indecision, wasting precious time and opportunities. How do you make a choice that optimizes for both speed and sagacity? Should you place more weight on data, or go with your gut? How do you reconcile viewpoints among smart, strong-willed operators, without fanning the flames of conflict?
In search of insight, we pored through advice from seasoned leaders who’ve tackled the most challenging decisions in scaling startups and large companies alike. A common theme arose: The art of decision-making isn’t always about capturing some elusive “best” decision — it’s about making the most of information available, garnering trust across stakeholders and executing with conviction.
In this roundup, we’ve gathered six time-tested tools, frameworks and principles for making high-quality decisions at fast-moving startups. They include strategies for distilling the information needed to make a decision, testing potential solutions and reconciling clashing perspectives. We hope they’ll help take the dread out of decision-making and lend you clarity on choices that can drive your startup forward.