The Essentials Of Decision Making


by Jonathan Farrington - Date: 2006-12-29 - Word Count: 253 Share This!

Decision-making is something that happens throughout our day but with different degrees of importance, urgency and consequential outcomes.

The important points are:

• Understand the real objectives

• Know the situation

• Be in control

• Carry out analysis using appropriate tools

• Present findings logically

• Select an option

• Do it!

The Benefits of Effective Decision-Making

By following a robust procedure and applying thought and logic to your decision-making process you should be able to make decisions that are:

• Inclusive - take into account the interests of all affected parties

• Defensible - based on the key points and then weighted and prioritised taking into account the relevant values

• Optimal - in both terms of results and in addressing problems

• Sensible - and understandable to interested parties

• Implementable - differentiate between rational and non-rational as well as rationalised

• Value-adding - to the organisation or individual

Success comes from the quality of the decision itself as well as the robustness of implementation or application.

Tips

• Once you have finished your deliberations, make the decision quickly - circumstances may change or you may lose momentum.

• Don't sacrifice long-term gain for short-term expediency.

• Understand the differences between important and urgent - the latter requires a rapid decision, but important decisions may require more protracted analysis. An urgent and important decision needs the right level of analysis to enable the optimal decision to be made.

• Remember, people generally support decisions in which they have participated.

• Do not postpone important but non-urgent decisions - set your own deadlines and do not let them be imposed on you.

• If a decision is no longer appropriate, change it - but in a measured manner, not with a knee-jerk reaction.

• If you need help, get it.

Copyright © 2006 Jonathan Farrington. All rights reserved


Related Tags: leadership, decision making, decisions, decision making processs

Jonathan Farrington is the Managing Partner of The jfa Group thejfagroup.

His weekly blog giving dedicated sales professionals a voice is updated every Friday visit http://www.thejfblogit.co.uk

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