Brexit: Handling Decision Making Uncertainty

15 September 2017

Uncertain and ambiguous times such as those created by the recent EU referendum can have a substantial impact on employees, leaders, and the decisions made by organisations. So what are the key risks presented by uncertainty and how can leaders ensure that their organisation makes good decisions and copes well as a team during uncertain times?

Ambiguous situations can have a number of key, negative impacts:

So how can these factors be handled well to ensure your organisation continues to thrive? The most important factor identified by psychologists and business experts alike is communication within the organisation. Employees should be informed of what is known and what their priorities should be and given regular updates. Below are a number of key facets of such communication.

Using these strategies may not eliminate all difficulty associated with decision-making post-Brexit, but it will mean that both leaders and their employees are more likely to cope effectively, and avoid faulty decision making caused by automatic, emotional processing associated with uncertainty. By recognising flawed thinking that arises due to uncertainty and communicating clearly and regularly, teams can avoid missing creative solutions, maintain higher productivity and keep a clear focus on important organisational goals.