ABSTRACT
The ability to make good decisions is an essential part of leadership. Identifying when the time is right to cease the debate and to choose the right option are significant challenges for leaders. For strategic leaders these challenges are magnified by the complexity, ambiguity and uncertainty that characterise the strategic level. Classical decision-making theory requires to choosing the best option having considered and weighed all of the variables and the values of all of the potential outcomes. Despite the consistency of the findings of behavioural psychologists such as Daniel Kahneman and Amos Tversky, their work is sometimes criticised because of the simple nature of the experiments. Strategic leaders must make decision that, by their very nature, have far-reaching consequences. The challenge for the strategic leader is to understand the different facets in play in order both to influence effectively this environment and to employ all the necessary tools of power to solve the problems it presents.
