Listening
is one of the secrets for good decision making.
It’s listening that enables one to gather facts and assess the
issues. Good listening is an active and
disciplined activity to gather and assess information, and a key to building a
base of knowledge for insights and good decision-making.
“The
Executive’s Guide to Better Listening”, by Bernard T. Ferrari, in a recent
McKinsey Quarterly suggests that “good listening…can often mean the difference
between success and failure in business ventures (and hence between a longer
career and a shorter one).” Ferrari
notes that most executives spend little time cultivating listening. He describes three kinds of behavior that
will improve one’s listening skills and those of one’s organization.
·
Show respect:
Our conversation partners often have the know-how to develop good
solutions, and part of being a good listener is simply helping them to draw out
critical information and put it in a new light.
Leaders should also respect a colleagues potential to provide insights
in areas far afield from his or her job description.
·
Keep quiet:
Ferrari’s 80-20 guideline is that a conversation partner “should be
speaking 80 percent of the time, while I speak only 20 percent of the
time. Moreover, I seek to make my speaking
time count by spending as much of it as possible posing questions rather than
trying to have my own way.” Ferrari
points out that “you can’t really listen if you’re too busy talking!”
· Challenge assumptions:
Good listeners seek to understand—and challenge—the assumptions that lie
below the surface of every conversation.
Many executives struggle as listeners because they never think to relax
their assumptions “and open themselves to the possibilities that can be drawn
from conversations with others”, Ferrari writes.
Ferrari
concludes by noting, “Throughout my career, I’ve observed that good listeners
tend to make better decisions, based on better-informed judgments, than
ordinary or poor listeners do—and hence tend to be better leaders. By showing respect to our conversation
partners, remaining quiet so they can speak, and actively opening ourselves up
to facts that undermine our beliefs, we can all better cultivate this valuable
skill”. Are you and your senior
executive team good listeners?
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