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MorganB
August 23, 2024

Faster and Better Decision Making

  • August 23, 2024
  • 0 replies
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Happy Friday, Community! Decision making is inevitable when it comes to running a business. Making the right decision can sometime cost you precious time, that you most likely don't have to waste. Here are a few pointers from influencive.com on how to make faster and better decisions.

 

Trust your gut
Simple, yet effective. The solution that automatically feels right if usually the best bet.

 

Make a pros and cons list
Weigh and rate your options to see which one is the best.

 

The 80/20 rule
Expect the right decision 80% of the time, and allow for some growth and learning when maybe a not so great decision was made 20% of the time.

 

Summarize each option
Be sure to include the outcomes!

 

Is it reversible?
Ask yourself if the answer is reversible if you decide it wasn't the best fit after all.

 

Ask for a "filter"
Ask a team member or even a non-biased third-party member to act as a filter for you decision making. Two heads are better than one!

 

Take a look at the full article linked above for even more insight on effective decision making. And as always, the comment section is open for your expertise as well!