Effective decision making is one of the most important skills for entrepreneurs, but few people actually practice this skill. The following ten factors will help you make the best decisions at any time and contribute to your work.
1. Identify the problems that need to be solved
Take some time to identify specific situations, then prioritize them. Don’t rush into a decision, but consider carefully whether the problem is really important to solve. Is it necessary to break the problem down into smaller parts to make it easier to solve? Consider where you are today and where you want to go?
2. Quickly grasp new prospects
Take a step back and look at things from a fresh perspective. Every decision you make should be directed toward the future, and the past should be a reference, not a guide. Good leaders learn from past failures as well as successes. They also seek out new information and new perspectives by consulting others.
3. Consider options to solve the problem
Consider all possible solutions. Prepare at least 5 different ways to solve a problem. Be creative and think of alternatives. Don’t rule out any option because a sudden idea may be the best solution.
4. Analyze each option you choose
For each option, carefully consider the following: What are the positives of this option? What are the negatives? Who or what will this option affect? Is this option acceptable and does it fit with your long-term goals and strategies?
5. Accept the failures you have encountered
Some of us fail because nothing in this world is perfect. So the plan you think is best today is only relative! Realizing this, everything can be arranged smoothly. Remember that there is no decision without limitations.
6. Make a decision
Based on the analysis done in the above sections, you can come up with the best solution you can.
7. Make a feasible plan
Be specific about the goals you can achieve. When necessary, review your decisions and change them.
Your success plan should include the steps you need to take, the human and material resources needed to implement the decision, a time frame for each action, and a schedule for review.
8. Announcement of decision
Communicate your decision and your belief in your success to those involved in the project. This will give you and them confidence. Therefore, all your decisions need to be clear, concise and convincing.
9. Implementation
Focus on implementing your decision. When you start doing something, anxiety often appears, it does not mean that you have made a wrong decision, but it is just a common psychological state when we face difficulties.
10. Evaluation
Learn from the work you do. Gather experience from the work you are doing or have not done and share it with others. If you discover something new that you need to change your plan, go back to tip 3 and use that new knowledge to revise your plan!
According to vietnamlearning
