| Decisions Made Easy February 25th, 2019 by Bill Boyajian |
One of the most difficult processes in business involves decision making. Too often decisions are postponed because owners or managers procrastinate by delaying or ignoring a problem that has to be fixed or a decision that has to be made. Sometimes they simply can’t settle on the best way to make an important decision, so they hope the problem either goes away or the decision becomes self-evident. Neither happens. Problems get worse and decisions become harder.
Good decision making involves a fairly simple process which, when employed diligently, can revolutionize your leadership. Here’s how it works: 1. First, define your objective. Identify the problem you need to solve or the result you want. 2. Second, gather all the relevant information you can and organize it in a logical manner. 3. Third, determine all the available options, even those that at first thought are too far out. 4. Fourth, evaluate the pros and cons of each option in an unbiased manner and document them in writing. 5. Fifth, select the option that best meets your objective. If this sounds simple, it’s because it is. Making important decisions is not that hard when you have a process to attack them with confidence and objectivity. Try this formula and let me know how it works for you. Tags: Advice, Available, Confidence, Cons, Crisis Management, Decision Making, Decisions, Define, Delay, Determination, Determine, Developing Leaders, Difficult, Diligent, Document, Easy, Evaluate, Fix, Gather, Identify, Ignore, Information, Leaders, Leadership, Leadership Excellence, Leadership Problems, Leadership Skills, Learning, Logical, manager, Objective, Option, Options, Organize, owner, Personal Development, Postpone, Problem, Process, Procrastinate, Pros, Relationships, relevant, Reputation, Responsibility, result, Self-evident, Simple, Success, Unbiased |
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“I needed help orchestrating a succession plan for our business. I had heard that Bill Boyajian specialized in assisting owners to transition their business to the next generation. He knows how to bridge the generation gap and deliver what each needs to hear. I would recommend Bill to any business owner who needs advice on succession planning from a trusted outside professional.”
–Charles Denaburg,
Managing Partner,
Levy’s Fine Jewelry
Birmingham, AL
"Our family needed some guidance on business transition and succession planning. We asked Bill Boyajian to help us because we knew we could trust him to tell us what we needed to hear. Bill became a valuable resource for our company and our entire family. He has the ability to meet each of us where we’re at and it has served us very well."
–Ceylon Leitzel
Leitzel Fine Jewelry
Hershey & Myerstown, PA
“We needed a plan to transition our business to a non-family member and we asked Bill Boyajian to help us. His experience in the area has really paid off, but we didn’t expect the added value of putting us together with a financial planner who helped organize our retirement needs. We now have the fundamentals to transition our business successfully, and we have Bill to thank for it.”
–Ernie & Debbie Cummings
Kizer-Cummings Jewelers
Lawrence, KS
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