Decision Making : Decision Making Sunday slides from sandeep Slide 2: Decision making is a key role for any manager or leader.
Surprisingly many people struggle when it comes to taking decisions. This might be due to:
• Fear of failure
• Lack of a structured approach
• Lack of clarity
Whatever the barriers, there are 6 steps that you can follow when taking any decision. Sunday slides from sandeep Slide 3: 1. Problem Definition
Before you can start to take any decisions, you need to be absolutely
clear the problem you are trying to reach a decision on.
One simple technique is just to write out in a sentence
what the problem is that you need to take a decision on. Sunday slides from sandeep Slide 4: 2.Assess the implications
All decisions have implications. If it is a decision at work, it has implications for you,
your peers, your team and your superiors.
Depending on the decision (e.g. a promotion at work)
it may even have implications for your family, especially if it involves relocation. Sunday slides from sandeep Slide 5: 3. Explore different perspectives
Perspectives are simply different lenses through which you look at the problem.
By exploring different perspectives you
start to get a feel for those that you are most attracted to. Sunday slides from sandeep Slide 6: 4. Get clear on your ideal outcome
When you are faced with a big decision,
it is easy to get lost in the detail and circumstances.
An alternative is to get clear on your ideal outcome and use this ideal outcome to inform your choices. Sunday slides from sandeep Slide 7: Imagine you aspire to be a CFO of a Top 100 company.
By having clarity on your outcome,
you can make choices on promotions and experience linked to this ideal outcome. Sunday slides from sandeep Slide 8: 5. Weigh up pros and cons
Another way of looking at a decision is to consider the advantages
and disadvantages of each of the options open to you.
Simply listing the advantages and disadvantages
of each option is a powerful way of moving forward on decisions. Sunday slides from sandeep Slide 9: 6. Decide and act
Once you have gone through the previous 5 steps, commit to a choice
or course of action and start to make it happen. To avoid procrastination,
give yourself permission to be okay with any failings that might arise. Sunday slides from sandeep Slide 10: At the end of the day there is no magic formula for decision making
Following some simple steps and acting can however
move you into the realm of effective decision maker. Sunday slides from sandeep