Good Listening Skills Key To Better Executive Decision Making

From McKinsey Quarterly, "The executive’s guide to better listening: Strong listening skills can make a critical difference in the performance of senior executives, but few are able to cultivate them. Here’s how." by Bernard T. Ferrari:

The situation facing the CEO will be familiar to many senior executives. Listening is the front end of decision making. It’s the surest, most efficient route to informing the judgments we need to make, yet many of us have heard, at one point or other in our careers, that we could be better listeners. Indeed, many executives take listening skills for granted and focus instead on learning how to articulate and present their own views more effectively.

This approach is misguided. Good listening—the active and disciplined activity of probing and challenging the information garnered from others to improve its quality and quantity—is the key to building a base of knowledge that generates fresh insights and ideas. Put more strongly, good listening, in my experience, can often mean the difference between success and failure in business ventures (and hence between a longer career and a shorter one).