{"id":1052,"date":"2017-01-10T00:00:00","date_gmt":"2017-01-10T00:00:00","guid":{"rendered":"https:\/\/leadersinsport.com\/sport-business\/reports\/the-importance-of-decision-making\/"},"modified":"2021-08-10T10:00:27","modified_gmt":"2021-08-10T10:00:27","slug":"importance-decision-making","status":"publish","type":"article","link":"https:\/\/leadersinsport.com\/sport-business\/articles\/importance-decision-making\/","title":{"rendered":"The Importance of Decision Making"},"content":{"rendered":"\n\n
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\n Jan 10, 2017 <\/p>\n \t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/span>Articles<\/a>\n\n\t\t\t\t\t\t

The Importance of Decision Making<\/h1>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\n \n\t\t\t<\/div>\n\t\t<\/div>\n\n\t<\/div>\n<\/div>\n
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https:\/\/leadersinsport.com\/sport-business\/articles\/importance-decision-making\/<\/div>\n <\/div>\n <\/div>\n <\/section>\n\n\n
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Brad Sims, Cleveland Cavaliers<\/p>\n \n \n \n

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Brad Sims was the 2015 winner of the Leaders Under 40 Awards Sales and Commercial category. The search is on for 2017 to find the next Leaders Under 40 and if you feel you should be on stage collecting your award this October, or you know someone who deserves to be there,\u00a0nominate\u00a0here<\/a>.\u00a0<\/strong><\/p>\n

I first became familiar with Dan Gilbert and his family of companies when I was working at the NBA League Office and visiting the Cleveland Cavaliers on a regular basis consulting on their business. Dan is the founder and owner of Quicken Loans, he also owns the Cavaliers, as well as other sports, entertainment and gaming properties, numerous venture capital and private equity and real estate companies. All told, the Dan Gilbert family of companies is a diverse portfolio of 120+ companies who all operate under one set of guiding principles \u2013 The ISM\u2019s.<\/p>\n

When I was hired by the Cavs, I was excited to work for an ownership and leadership group who was like-minded to how I operate.\u00a0 The ISM\u2019s made so much sense to me and I bought in from day one that this was the \u201csecret sauce\u201d that helped make Dan\u2019s companies so successful.<\/p>\n

Although it\u2019s difficult for me to pick just one favorite ISM from the total 19, the one that I have adopted as my \u201cgo to\u201d ISM is \u201cYou Have to Take the Roast Out of the Oven\u201d.\u00a0 This ISM has to do with decision making.\u00a0 If you, as a leader, hem and haw and take forever to make a decision, the roast is in the oven\u2026 and it\u2019s burning!\u00a0 At some point you have to \u201ctake the roast out of the oven\u201d \u2013 you have to make a decision \u2013 and move on to the next one.<\/p>\n

Leaders can sometimes get \u201cparalysis by analysis\u201d and have a tough time making decisions.\u00a0 From my time in a management consulting role at the NBA, one of the most frequent criticisms that I received from employees about their leaders was their inability to make decisions in a timely manner.\u00a0 This lack of decisiveness is especially frustrating for millennials.\u00a0 The beauty of \u201ctaking the roast out\u201d, in ISM terms, is that it\u2019s OK if you, as a leader, make a mistake, make a bad decision \u2013 as long as you learn something valuable from it.\u00a0 This is viewed as being a far superior outcome to not making a decision at all and leaving the roast in the over to get burned.<\/p>\n

Knowing that the lack of timely decision making was a pain point for so many employees, I wanted to make it clear when I started my new role at the Cavs that I intended to be a leader who was decisive and who would move at a very fast pace to help move our business forward.\u00a0 My first order of business (literally on my first day on the job) was to ask for a poster size version of the animated \u201cRoast\u201d ISM to be created so that I could post it prominently in my office.<\/p>\n

ISM\u2019s are like trump cards \u2013 there\u2019s no comeback for them.\u00a0 If someone calls you out on an ISM, there\u2019s really nothing you can say or do that would be contradictory to an ISM.\u00a0 Over the past four years, whenever I have been pushing one of our leaders for a decision on something, I can always point to the \u201cRoast\u201d poster to not-so-subtly remind them that they need to make a final decision on something.\u00a0 And it works the other way too, anyone on my team knows that if I\u2019m ever the bottleneck for a decision that needs to be made that they can call me out and point to that poster to get me to make a decision so we can move on to the next one.<\/p>\n

I believe that \u201ctaking the roast out\u201d has made me a better leader.\u00a0 It has helped me to work smarter, be more efficient, be more of a risk taker, and instill confidence in my people to do the same.<\/p>\n<\/p>\n <\/div>\n \n \n \n <\/div>\n

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