| Answer Upon |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Management > Taking Decisions - A 5 Point Checklist |
|
Answer Upon - Taking Decisions - A 5 Point Checklist
Consultants & Ethical Organizations - Nu Leadership Series worst case scenario if things go wrong as a result of your decisions.“In the past a leader was a boss. Today's leaders must be partners with their people... they no longer can lead solely based on positional power.”Ken BlanchardCorporate executives appear to be faltering and need help. Scandals grow larger and more intensive day-by-day for organizations. Some people may pro 4. Seek Counsel Sometimes when you agonize over the outcomes of the decisions and unable to take a proper decision it is best to seek counsel from more experienced persons in your organization or industry. It may even be helpful sometimes take the counsel of people totally unrelated to situation. It ma Shipping Basics Your success as a manager primarily rests on one single factor. The key factor in your managerial success is the ability to take decisions, quickly and effectively. The fine art and science of decision making will decide how far and fast you will travel in the managerial ladder. The choices you make will have long term impact in your business and career.When one wants to transport goods, either for personal or for business reasons, one has to deal with the issue of shipping. There are some basic guidelines on how to efficiently go about it.What one generally wants out of shipping is basically to get the goods on time, on the place specified, and on good condition. The cost o Decision making is not the ability to take the best guesses and works on strong hunches as some management guru’s make it out. Gut feel and instinctive decision making may sometimes be inspiring and work well but it is best for the professional manager to keep away from this kind of decision making. How does one take decisions? Here is a five point checklist to take better decisions. 1. Information Best decisions are of course made with the availability of quality information. Check whether you have all possible information and data available in the area where a decision is required. But don’t take too much time to gather the information. Sometimes it may help if you take timely decisions with all available information rather than procrastinating on the basis of unavailability of complete information. 2. Defining the outcomes of the decision What are the desired results from the decision? It is best to define the outcomes from the decision making process and take decisions which would best give the desired results. 3. Worst and best case scenario When in doubt better to arrive at the worst case scenario and prepare for the worst case scenario if things go wrong as a result of your decisions. 4. Seek Counsel Sometimes when you agonize over the outcomes of the decisions and unable to take a proper decision it is best to seek counsel from more experienced persons in your organization or industry. It may even be helpful sometimes take the counsel of people totally unrelated to situation. It may Now What? Ads in the John? ability to take the best guesses and works on strong hunches as some management guru’s make it out. Gut feel and instinctive decision making may sometimes be inspiring and work well but it is best for the professional manager to keep away from this kind of decision making.It started when someone tacked the daily paper in men's room above the urinals. The idea soon spread to the stall in the ladies room and a new form of advertising was born.It is now so common place there are companies that represent thousands of "johns" to advertisers, giving each restaurant and bus stop owner a modest inc How does one take decisions? Here is a five point checklist to take better decisions. 1. Information Best decisions are of course made with the availability of quality information. Check whether you have all possible information and data available in the area where a decision is required. But don’t take too much time to gather the information. Sometimes it may help if you take timely decisions with all available information rather than procrastinating on the basis of unavailability of complete information. 2. Defining the outcomes of the decision What are the desired results from the decision? It is best to define the outcomes from the decision making process and take decisions which would best give the desired results. 3. Worst and best case scenario When in doubt better to arrive at the worst case scenario and prepare for the worst case scenario if things go wrong as a result of your decisions. 4. Seek Counsel Sometimes when you agonize over the outcomes of the decisions and unable to take a proper decision it is best to seek counsel from more experienced persons in your organization or industry. It may even be helpful sometimes take the counsel of people totally unrelated to situation. It ma How to Know What You Know (2) >Do you know what you know? You especially need knowledge management in high changing environments; if all remains the same, why should we think about the knowledge we need? Knowledge management is an iterative process of making tacit knowledge explicit and visa versa. But why would you make implicit knowledge explicit?Knowing s Best decisions are of course made with the availability of quality information. Check whether you have all possible information and data available in the area where a decision is required. But don’t take too much time to gather the information. Sometimes it may help if you take timely decisions with all available information rather than procrastinating on the basis of unavailability of complete information. 2. Defining the outcomes of the decision What are the desired results from the decision? It is best to define the outcomes from the decision making process and take decisions which would best give the desired results. 3. Worst and best case scenario When in doubt better to arrive at the worst case scenario and prepare for the worst case scenario if things go wrong as a result of your decisions. 4. Seek Counsel Sometimes when you agonize over the outcomes of the decisions and unable to take a proper decision it is best to seek counsel from more experienced persons in your organization or industry. It may even be helpful sometimes take the counsel of people totally unrelated to situation. It ma Career Change - Do I Dare Do What I Love For A Living? y of complete information.It’s been nine years now since I retired from my full-time career of court reporting. I’d been a reporter for 23 years and was trying to find just the right part-time job for my interests and abilities.In my search, I had taken a part-time job for a veterinary clinic working in the kennel area because I dearly love animals. Af 2. Defining the outcomes of the decision What are the desired results from the decision? It is best to define the outcomes from the decision making process and take decisions which would best give the desired results. 3. Worst and best case scenario When in doubt better to arrive at the worst case scenario and prepare for the worst case scenario if things go wrong as a result of your decisions. 4. Seek Counsel Sometimes when you agonize over the outcomes of the decisions and unable to take a proper decision it is best to seek counsel from more experienced persons in your organization or industry. It may even be helpful sometimes take the counsel of people totally unrelated to situation. It ma Caught in the Act! worst case scenario if things go wrong as a result of your decisions.Recently, my colleague and I made one of our bi-monthly training trips to California. We considered it a “normal trip,” until something began to happen that quickly caught our attention: terrific customer service.We have made this trip so many times we have our routine down. She picks me up on the way to the airport; we par 4. Seek Counsel Sometimes when you agonize over the outcomes of the decisions and unable to take a proper decision it is best to seek counsel from more experienced persons in your organization or industry. It may even be helpful sometimes take the counsel of people totally unrelated to situation. It may even be a friend or your spouse. One would be surprised at the creative solutions such people offer. 5. Take the decision even if undecided Decision making methodologies can be evolved based on the 5 simple tenets outlined above. Time is a key element in the decision process. More opportunities are missed for want of a decision rather than wrong decisions. Keep these factors as a checklist and refer to them whenever you want to take any decision. Remember it is better to be manager who takes some wrong decisions than be a manager who is indecisive and cannot take decisions. As Samuel Johnson said “nothing will ever be attempted if all possible objections must first be overcome”.
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:A Few Business Generalizations Medical Billing - Choosing A Carrier A DIY Guide for Designing and Printing Business Cards Online
|