In recent years, the prevailing wisdom is held that executives should try to say yes as often as possible. And while this want to be said for listening to and incorporating your subordinates suggestions and leaving yourself open to opportunities that will aid to grow your business, knowing when to say no to something is incredibly important.
It shows that you are confident in your own ability to make sound judgment calls and that you have the depth of character not to be swayed by appeals that are based in emotion as opposed to reason.
This recently published strategy business blog post outlines five different scenarios in which it’s imperative that you say no. For instance if you find yourself put into position where you’re being asked to promise something that you are certain you won’t be able to deliver, you need to make your decision clear to the other party if you wish to maintain your credibility.
Another situation in which it’s important to know when to say no is when you find yourself feeling that making an agreement will require too great a compromise on your end. It’s impossible to function as an effective leader if you’re plagued by nagging doubts.
Read the full article here: http://www.strategy-business.com/blog/Five-Moments-When-Saying-No-is-Your-Best-Strategy