How do you become a good decision maker?
Making and being a good decision maker is key skills for personal and professional success. Make a logical and reasonable decision in your professional life can have a positive impact on you, colleagues, and your organization.
Implementing effective strategies and techniques can help you improve the skills of decision-making. In this article, we explain how you can become a better decision maker.
What is a good decision maker?
A good decision maker chooses actions that give the best results for themselves and others.
They entered into the decision-making process with open thoughts and did not allow their own bias to affect them. They make rational decisions, after researching alternatives and understanding the consequences.
Good decision makers involve others if needed and use knowledge, data, and opinions to form their final decisions.
They know why they choose certain choices than others. They confidently with their decisions and rarely doubt after reaching conclusions.
Anyone can be a good decision maker. Making decisions is an integral part of any work, whether you are in the entry-level position or you make an important choice on behalf of your company as an executive.
How do you become a better decision maker?
Applying a proven decision-making strategy will help you become a better decision maker. When you have to decide work, do the following steps to determine the best choice:
1. Consider the nature and characteristics of your personality
People have natural characteristics that can form their decision making. Understanding your personality can help to identify how you are currently making decisions and how you can make better decisions.
Some personality traits that can affect your decision-making are:
This is a common nature that can harm decision making. Many people exaggerate their performance and knowledge.
Setting time to complete daily tasks can help you get a more realistic understanding of your performance, and this knowledge can help you make better decisions about the number of tasks you can receive in a certain period.
Make decisions into collaborative processes can improve excessive self-confidence. Looking for other people’s opinions will increase your knowledge and help you make decisions that are better than you can yourself.
Take risk or avoid risk
Natural risk takers can make decisions without considering the danger thoroughly, while people who are more alert to the risk may prefer to make safe decisions.
Understanding your natural tendency can help you identify the type of decision you make and learn how to fight your instincts.
Everyone has biases and worries that can affect decision making. Maybe you have made assumptions about certain people in your professional or personal environment.
You may feel afraid of certain situations, such as speaking in public at a meeting or flying for business trips.
Media and other people’s opinions can also form thoughts. For example, watching the latest news about car accidents might make you more nervous about driving to meet clients.
Think carefully whether you let biases and worries affect your judgment and disrupt your decision making.
2. Know your goals
The decision you make will help you or your company achieve the goal. Identify individual goals and business goals You can direct you to the best choice. When you know what results you want, make decisions can be easier.
For example, imagine you are considering whether to get further qualifications. Identifying your professional goals can help you make the best decisions for your future.
3. Collect information
Understand why you make a decision, what your choice and the impact of choosing each option help you make a more appropriate and better choice.
Colleagues, industrial experts, trusted friends, and your family members may also guide you to make the best decisions. Even though they can be a valuable source of knowledge, you finally have to make my own decisions.
The most successful decision makers know when they have collected enough information to make the best decisions. Once they do it, they act decisively and continue, sure their choice is the best they can make.
4. Consider all the options
The more alternatives you consider, the more likely you make a successful decision. Be careful considering the various potential choices is the best.
Speaking to others during the decision-making process you can offer a new perspective that might present an alternative that you haven’t considered.
5. Imagine a different scenario
Imagine what can happen before you act can help guide you towards the best decision.
Consider how your decision will improve your life and the lives of others who are close to you. This approach can be more effective than making a pro and cons list, because it recognizes not every advantage or loss has the same weight.
6. Stay open minded
Hold the urge to draw conclusions and keep open minded until it reaches the final decision can help you overcome confirmation bias and make a better decision.
Is a natural tendency to draw conclusions first, then look for evidence that supports it. However, this method can cause ignoring important information.
7. Eliminate the option before reaching the final decision
Having a wide selection at the beginning of the decision making process is important, but in time the various choices can be very much and confusing.
Eliminating choices during the decision-making process reduces this feeling. Discount options when you know that it is not the right choice than to review it further. When you narrow down your choice, you can focus more on any available options and ultimately make the best decisions.
8. Understand some options that have the same value
The natural tendency to weigh and rank the option weakens the concept that sometimes options have relatively equal values.
You can research your choices for days or weeks and are still unclear which propositions are better. Understanding this and committing to one option or other is very important for better decision making.
After you believe your choice is relatively the same, you can use random decision makers or selection wheels. Just use an easy decision maker when you feel all your choices are the same because they cannot replace your own knowledge.
9. Use the available time
The rushed decision is rarely the best decision. When someone makes decisions too fast, they are often guided by bias and natural tendencies than objective information. Take advantage of the time you have to make a decision.
If someone wants a quick answer, ask if you can have more time. Although this is not always possible, extra time to collect information and reflections usually produce better decisions.
If you have limited time, try developing a matching argument for the decisions you consider. Arguing with yourself, even for a short time, can help you make better decisions at this time.
10. Accept the consequences
Every decision you make has a consequence for you, and potentially for others too. Try to adjust your thoughts to make decisions without worrying about making mistakes.
Even though you need to consider potential results, the safest option is not always the best. If you choose carefully without fear of holding you back, you can accept the consequences to make possible decisions.
11. Learn from past decisions
Every time you make a decision, you can get better in that. Meditate on the choices you make and the results.
Notice whether the results are fully profitable or the situation can run better. Area identification for improvement, and consider how you can improve the results later. Every decision you make provides learning opportunities that should make you become a better decision maker.
Being a good decision maker requires time and experience, and of course this is not easy. Good decisions come from a good person, but this talent can be trained, especially if you are a business owner who is used to being faced in a difficult decision making.
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