Business Skills: Better Decision Making

At work, you must balance several factors each day. Most positions are not straightforward — there are financial factors, staff shifts, relationships with coworkers and more factors at play every day. To enhance good working relations as well as efficiency of the job-related activities, decision making becomes essential.

Balancing multiple demands and priorities greatly determines whether or not the organization will be successful in providing its services and products. The way you handle decision making can affect the working environment and the path of the business.

Analyzing your decision-making skills will not only benefit you, but will affect your coworkers and clients. Learning to make better decisions can help when you’re caught in difficult situations, such as when you suspect an employee is abusing drugs or alcohol. Making better decisions also aids in the hiring process.

decision making

Decision-Making Steps

Defining the problem

This is vital factor to consider in every decision-making process. Defining the problem implies that you need to fully understand the problem you are trying to resolve or aid. An ideal technique of problem definition is writing out the problem you’re considering.

Evaluate the implications

It is important to understand that all the decisions have consequences, whether positive or negative. In addition, all decisions have multiple consequences. You will be able to arrive at an ideal decision when you have established all the implications of that particular decision. While many results can not be predicted, it is your responsibility to analyze the predictable consequences.

Be tactical

For you to make better decisions, you need to be strategic. Better decision making implies that you need to have a thorough thought process and data to support your decision. Implementing a tactical approach will help you implement your decision.

Discover varied viewpoints

Making an informed decision at work requires you to think from multiple perspectives. Your decision will likely affect several other groups of people. Analyze the situation from a variety of viewpoints — it will help reduce bias and likely produce a more complete decision.

Comprehend your ideal outcome

Imagine the ideal result to the problem you are facing. Provide a detailed explanation of the best possible outcome. Then, explore what steps are necessary to achieve that outcome. This will help you make an informed decision.

Contact an expert

Sometimes you simply don’t have enough expertise to make a wise decision. For those times that you need additional knowledge or insight, don’t hesitate to contact an expert and ask for help. The help of an expert can guide you to making informed choices.

Make sure you’re ready for the tiny and monumental decisions that are coming your way. Decision making and leadership are linked for good — be ready to handle the responsibility.

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