Businesses need constant communication between owners and their team to grow. While it is the common perception that decisions are made from the top, there should be an autonomy that happens among the employees that will make them feel part of the conversation. After all, a business is not only about the leaders; it is also about the team. Sean Hutchinson, CEO at SVA Value Accelerators, is joined by Joe Slatter of SVA Leadership Accelerator to talk about decision dynamics. They put together the relationship and how decisions work, laying down the “what,” “so what,” and the “what now.” Ultimately, decision dynamics work to create higher valuation because it fosters a business where people are held accountable, sharing the responsibilities between the leaders and the team.

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Listen to the podcast:

Decision Dynamics: Creating The Path To Higher Valuation with CEO/Partner Sean Hutchinson and Joe Slatter

Creating The Path To Higher Valuation with CEO/Partner Sean Hutchinson and Joe Slatter

We’re here to talk about decision dynamics and you are probably all wondering, “What is decision dynamics?” There are fancy words that consultants throw around. What this comes down to is operational excellence. That’s something that Sean and I had been talking about ever since we’ve known each other is operational excellence. It comes down to, “Can you make a good decision in a reasonable amount of time?” Everything we do with this content is helping organizations. This isn’t about the boss being able to make better decisions. This is about the whole team being able to make better decisions and driving those decisions as close to the action as we possibly can.

I have Sean Hutchinson, CEO/Partner at http://buildvaluetoday.com/ (SVA Value Accelerators) and Joe Slatter, Lead Advisor Decision Dynamics at SVA Leadership Accelerator. We’re doing a continuation of an original podcast where we talked to Sean about SVA. We’re doing a deep dive and we’re going to go into Decision Dynamics.

We talked about making good decisions quickly. How do you do that? Everybody comes into every situation with a way that they’re thinking and a way that they solve problems. The challenge is, they are all different ways. If we’re coming at this from an owner’s perspective, they’re thinking strategically. They’re trying to make the best decisions for the long game. A lot of the folks who may be out in the field are working directly with the customers. They’ve got real problems that they’ve got to solve. Much of their thinking is a shorter game. How do we reconcile those two so that everybody understands a whole bunch of different kinds of decisions gets made so that we can make them in the right spot? That’s what this comes down to.

As a business owner, I’m going, “It helps me make decisions quicker.” Quicker must be then better, but what’s the process? What do you guys do? If you’re coming into an organization, what’s your process to look at how they make decisions? What do you bring to the table in the process to help that identify and approve?

We start right out of the gate by providing them with what we call a liberating structure. Everybody needs some way to make sense in the world. Before we even start talking about their world, we develop a common language and a different way that we can look at things together. What that allows us then to do is conduct a conversation with them where we’re all sharing the same language. We have a common way of looking at what’s working and what’s not working and why those things matter and what we can do about it. That second piece, after they understand this basic structure, they’re able to tell stories basically using this new language. Out of those stories come all kinds of rich information.