Business

How to Make Decisions: 3 Tips From Presidential History

Written by the MasterClass staff

Last updated: Nov 8, 2020 • 2 min read

The best leaders possess decision-making skills that enable them to reach informed decisions and take action to address problems. Effective decision-making requires confidence, attention to detail, and problem-solving abilities. Learning these skills can make you a better decision-maker.

The decision process varies in practice. Many managers prefer a structured approach, where a fixed set of processes lead to a final decision. Other leaders bounce ideas off a group of people and embrace spontaneity as they seek the right decision. For the most complex decisions, it helps to have a model for human decision-making. To that end, you can look to leaders tasked with making important decisions, including past presidents of the United States. If you mine presidential history for relevant information about high-stakes decision-making, you'll find insights that can be applied to your own daily life.