What is a decision? How we can make decisions?
In this article, we share information about decision-making skills, it’s rules, steps, and examples. So, the ability to select between two or more alternatives to reach the best outcome in the shortest time is decision making. Making decisions under conditions of risk and uncertainty is one of the most important activities that managers engage in. No doubt, you perhaps make thousands of amounts of decisions every day about careers, relationships, health, and anything and everything. Some decisions are very easy and some are very difficult and time is taken.
For example, getting up in the morning is the first thing to do. What time do you have to get up? what should cloth you wear for a job interview? what should you have for breakfast? What should you have eaten lunch, which university you choose for study, what kind of career you choose, how to invest money in business projects, how to you have a deal with traders, how to you choose your life partner, where to merry and so on.
By God’s fortune, everyone can become a good decision-maker. Your feelings play a big role in the options you choose. These decisions will change your future life. So, if you are confused to make decisions follow these steps of effective decision making:
1: Identity what to decide?
You must identify the decision that what you want from your life? learn from your experience. You realize that you need to make a decision. This first step is very important.
2: collect relevant information:
This step has two types of work internal and external work. Often information is internal like self-assessment and the other one is external, you will find it online, books, from other persons, and from other sources.
3: Identify the alternatives:
When you collect information, you will found many possible paths of action or alternatives. You can generate new ideas of alternative through imagination. In this step, you will found out all possible and desirable alternatives.
4: Weigh the evidence/compare all:
Write your information and emotions to imagine what it would be like if you carried out each of the alternatives to the end.
5: Choose the best decision:
When you have all compare your evidence, this time good for you when you ready for select the best one alternative for you. Finally, place the alternatives in priority order, based upon your own value system.
6: Being into action / Take action:
You’re now ready to take some postie action by beginning to implement the alternative you choose in step 5.
7 Analyze and review your decision:
In this last step, review your decision and its consequences. If the decision has not met the identified need, you may want to repeat certain steps of the process to make a new decision.
Pro Tip: Need a tip for your decision-making styles? According to Jeff Bezos, ” Smart managers make decisions fast. They don’t wait for 100 % understanding before they act “