Make The Decision: Perhaps most importantly, you must have a bias toward
action, and be willing to make the
decision. Moreover, you must learn to make the
best decision possible even if you possess an incomplete data set. Mike Myatt, Forbes.com contributor
Here are the 8 Tips:
1. Look at
all aspects of the issue. What happens
if I don't do this? What happens if I do? How will I benefit? What
might I lose? And so on.
2. Benefit: It needs to resolve an issue or at least put you in a better place - emotionally, physically, financially or all three.
3. Value-Added: How
will the solution align with my existing goals? Will it get me to my
desired outcome? Really?
4. Beyond
the norm: Think
outside what is usual and customary.
Sometimes taking a risk is the best action.
5. Simple: Keep it
pertinent and simple so it can be accomplished without creating extra stress.
6. Balanced: Evaluate the solution in
terms of risk-reward, cost and benefit.
7. “Gut”
Feeling: Does
it feel right? If your "gut" is telling
you something just does not feel right with your decision, take a few hours or
even a day or two to re-think it. BUT, don’t get stuck in paralysis by
analysis. Take action!
8. The future: Solutions must be seen in the present and with an eye toward the future. How will new opportunities fit into it? Will this work for as I move forward?
8. The future: Solutions must be seen in the present and with an eye toward the future. How will new opportunities fit into it? Will this work for as I move forward?
We're not likely to always make the perfect
decision as we all make mistakes, and additional information may come to
light, but we can commit to conducting due diligence so we can make the best
decision at that time.
In Mark Twain's words:
"Good judgment comes
from experience.
And where does experience come from?
Experience
comes from bad judgment."
Ann Meacham, president of Leadership Dynamics, works with business owners and executives to create and implement the exact strategies they need to build the business of their dreams. Find out more about Ann at www.leadyourteams.com Sign up for a Free Leadership Strategy Session on my website.
Thanks for the info. Ann.
ReplyDeleteAnn, There are times I have not gone with "my gut feeling" and paid the price for not doing so. All eight tips are worth printing and putting on an office wall.
ReplyDeleteThnaks,
Al Luoma
Ann, There are times I have not gone with "my gut feeling" and paid the price for not doing so. All eight tips are worth printing and putting on an office wall.
ReplyDeleteThnaks,
Al Luoma