Leadership often comes down to quick decisive action by selecting what seems to be the right choice. But how do you know what is the right choice? What appears to be the best option may in the long run be devastating.
A great leader will always have some standard to judge their choices. Will choice “A or B” line up against this standard? This standard should always line up with the core values and principles of the leader and/or organization.
Core values and principles should be the deep held beliefs and standards that are immovable. They should never be compromised even if their is a chance for a positive outcome.
These core values and principles could be one’s ethical standards, such as complete honesty and fair dealing, or it could be the commitment to not operate outside the vision and/or mission of the company. A new product or service could hold the potential to be very profitable, but in the long run it could be a major distraction and cause the primary business to suffer.
So what are your core values and principles ? What are your standards? Are they well defined? When you are faced with a major decision, take time to ask yourself the question, “If I make this choice, will it violate my core value and principles? If it does, are you really sure you want to go down that path?