Each day we make decisions, some of these are trivial with little consequence. Some however are important with huge implications.
Decision making can become stressful when our choices impact our life or lives of our near and dear ones.
There is no easy formula, but one can rely on their instincts, common sense, intuitions and trusted advisors.
Some useful tools for DM are:-
- Rely on your instincts and intuition.
- Consider your core values and how the decision will make you feel.
- Consider your self-interest and your conscience
- Pause and reflect – Write down if it helps – Create a list of pros and cons.
- Empty your mind, relax and contemplate – take a walk.
- Ask for advice – weigh advice depending upon the source.
- Avoid analysis paralysis – fear of wrong decision is the cause for this.
- Consider the long-term implications.
- Visualize the outcome.
- Avoid making emotional decisions – have a balance between rational and emotional.
- Give yourself time before making difficult decisions – do not rush.
EASIER SAID THAN DONE 😊
Ref: Anatomy of Success by Steve Wohlenhaus
Very appropriately put across a complex issue.
Thanks
The Epilogue says it all!
I have often taken quick decisions, even when the implications are serious and long term.. .but I never regret a decision. After all, it was a choice… exercised with hope for the best!
Once you take a decision – stick to it and stick by it.
Succint !!
Thanks.
Thanks for sharing the title of book by Steve Wohlenhaus
Welcome Sir
Very complex issue indeed. Decision making at higher levels becomes even more complex. List of wrong decisions is long specially at the highest political level. It will make very interesting reading. Can someone make such a list ?
Decisions are right or wrong only in retrospect.
I like this idea from Ken Blenchard’s book
The “Ethics Check” Questions
1. Is it legal? Will I be violating either civil law or company policy?
2. Is it balanced? Is it fair to all concerned in the short term as well as the long term? Does it promote win-win relationships?
3. How will it make me feel about myself? Will it make me proud? Would I feel good if my decision were published in the newspaper? Would I feel good if my family knew about it?
very valid questions to be asked while analyzing the repercussions of the decision.
Thanks a lot for the value addition.