Don’t let your ego make decisions for you
María Lucía Villegas
Strategy ConsultantWe talk a lot about how iteration and change can be essential factors in a company’s growth. However, these strategic mantras can be commonly misinterpreted, I wrote a piece a few months ago about a similar case with entrepreneurs. But there’s something important to clarify and it’s that for established companies, change should be analyzed and strategized.
When we’re talking about a company that has been operating for many years in the same industry and already has a defined target market and an organizational structure, we need to prioritize maintaining peace culturally speaking. What I mean by this is that when a decision is made by c-level collaborators, it doesn’t affect them exclusively, but a whole team that’s behind them.
It’s like when a mom makes decisions, they always say they make them based on their children. C-level management should also consider how that decision affects the company, by areas, and as a whole. Sometimes a crucial decision can be corrupted by multiple factors, it’s also important to identify those bad decisions that were made and correct the process of making that decision.
This takes me to my second point: most c-level management don’t even have to introspect about what they’re doing wrong, if they have employees that care, they will communicate them. So part of that decision-making is not making it alone, most of the time, listening to other people’s perspectives is useful because it tends to be more objective.
It’s never too late to change and identify which decisions were made in the past that were blinded by the ego rather than objectively made. Humans naturally make mistakes, the important thing is being able to change those mistakes.
Written by María Lucía Villegas
Lu provides expert guidance in shaping business strategies and achieving growth. Her analytical skills and industry insights help clients navigate challenges and capitalize on opportunities.