Decision-making is the most critical thing you will face while managing your business, and plays a major role in drawing your company’s future. It is definitely worrying, but if your stick to these tips, you’ll be able to make smarter decisions in a short period of time:
- Most importantly, identify the decision that has to be made, whether it is your own decision or someone else’s, if you have another option so you can avoid it, when is the time for making it and why it is that important.
- Think wisely and list all the possible options. Make sure you refer to other sources, such as family members, friends, internet or anyone you trust so you will have a better idea about every option you have in mind.
- Predict the results of every option and see whether you are more pleased with the results in comparison to the other alternatives.
- Eliminate all the options that are far from being possibly achieved.
- As soon as you choose the final alternative, you should start working on it. Do not stress yourself with over-thinking. Just think that you’ve done all your best and all the rest cannot be guaranteed.
What are the common mistakes done while making decisions?
Our brains are not designed in a way to learn several things in the same time. They sort out information so we will be able to understand everything around us without confusion. Read these common mistakes that leaders come across in decision-making:
- They depend so much on what experts say, forgetting that they are simply human beings and not all their information are what they are searching for. They do not take into consideration that acquiring information from different sources will be more beneficial that concentrating on just one source.
- They disvalue the information they get from others; people tend to underestimate other’s values and overestimate the individuals in the society.
- They underestimate the importance of the information they acquire from other people.
- They only hear what they want to. This is a very common mistake, since they are not aware of all the environment and they assume that everything they want is going to happen the way they want it to.
- They avoid listening to what their body is telling them. They ignore their feelings and intuition, not being aware that they are all what they want to know.
When listening to yourself, to others and to all the resources available you will find yourself making better decisions that will lead to the best results you have ever expected.