Decisions Made Easy

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.

 
Here are a few Business & Life Tips to think about….

Business Tips:

• Success comes to those who are diligent enough to persevere and yet patient enough to take the time to get things right.
• Remember, the more difficult the decision you make in business, the more careful the implementation plan must be to carry it out.
• As a business owner, if you can’t attract and retain great people, you will never be able to relax and enjoy what you have built.

Life Tips:

• Do you know why you procrastinate on things? It’s not just laziness. It’s fear. Discover what you’re afraid of and you’ll be able to overcome it.
• When you come to a fork in the road, a really tough decision, take the high road. You can never go wrong that way.
• We can’t fix every problem in the world, but that’s no excuse for not trying to do something in our power to make things better.

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