What is decision making?
Decision-making is the act of making choices and alternatives via the evaluation of facts and
with high-hopes of having the best outcomes.In a fast-moving business environment, managers face many challenges and make effective decisions or must create the next best alternatives.
Some key features in effective decision-making include flexibility, analytical thinking, critical questioning, investigation and problem-solving abilities, team work and executing strategies.
Here are 7 ways you can improve your decision-making skills:
- Make a plan
Immediately you have something come out of the blue, it can help to take a moment and let your critical thinking sketch a quick plan in your head. At this stage, there are usually many factors to consider but overtime your ability to manage time will take a big step in knowing the at which you are in improving your decision making skills.
However, it is impossible to ignore the outcomes of your previous decisions, therefore, also taking a short time to properly mitigate possible risks in your plan will guide you on achieving better outcomes.
2. Be assertive
Making a plan ahead gives you confidence to be assertive in the decision-making process, also helping you contributesome of the bright suggestions especially in a group consensus. And puts you at the position to provide guides, envision pros and cons and set deadlines to ensure a quick and effective decision.
Thus, increases productivity in a set environment and also improve your approach capabilities via guiding the selection-making procedure by telling the institution information about your preferred alternatives.
3. Ask important questions
Getting a further opinion can assist to validate the decisions you have and have with more self-assurance in your decision-making capabilities.
You don’t take some decisions unless you have investigated, examined, or enquired about other experts opinions in the field. Most especially, if you can find already existing solutions to put your basis on, it will help save a lot of time on your decision-making process.
4. Weigh your options
Making decisions has to do with choosing from many options, it’s therefore important to put your choices up against oneanother and crosscheck which is; more desirable, better achievable, timely attainable, but within your means and objectives.
After this questions are answered, you can be able to make better decisions.
5. Be sincere with yourself
Sometimes you tend to be bias base on some factors such as your preferences and usual thinking patterns which can sabotage your decision making at times. You may frame your decision, get the right information, and weigh the pros and cons and still not get the expected outcome because you missed a part in your decision-making process.
It is important that you are aware of personal preferences and biases that may influence your decision making process.
These are some simple steps that you can help:
- Always view your problems from different perspectives as this makes you to be objective about the solutions instead of just being rigid with a solution.
- Try to find many solutions from different sources instead of looking for solutions that back up what is in your mind.
- Let bygones be bygones: the past is in the past you can’t change it so don’t let your mistakes or even success of the past affect your best decisions yet and cloud your judgment.
6. Evaluate your decision
As the previous point evaluate your past decision either a success or failure should be checked and carefully examined.
Ask yourself; (a) if it’s successful why was it successful and (b) if it failed, why did it fail?