Tagged With decision-making

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Building a small or micro business takes a lot of time, effort and passion and there's nothing worse than realising partway through that business journey that you're not 100 per cent committed. While this process can often be very reactive, the secret to continuing your passion for a business is to engage in what entrepreneur Andrew Griffiths describes as 'conscious decision-making'.

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Someone with more than 400 companies under their belt, billions of dollars and a knighthood is bound to have made some good decisions in their time. Luckily for the rest of us, entrepreneur Richard Branson has shared his tips for making business decisions, to help out anyone who's trying to get where he's at now.

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A few years ago I had the opportunity to hear General Norman Schwarzkopf speak at an event. He was the Commander-in-Chief of the US Central command and led the military in the Gulf War. He offered two pieces of advice to all aspiring leaders. When you’re in charge, lead. And do what’s right. But how does that translate for today’s IT leaders?

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Major bottlenecks in businesses are often caused by indecision. It could be that a business owner is waiting on more data before making a decision on a big ticket purchase. They could be too busy to stop and make up their minds on something that needs to be done or perhaps they're easily distracted by new options that are presented to them. But avoiding the tough decisions that need to be made can paralyse a business, leading to lost opportunities. Here's some advice from small business expert Dr Greg Chapman to help business owners tackle the problem of indecisiveness.

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Productivity isn't just about getting things done. At its core, it's about being resourceful with your time. In a recent interview with author Charles Duhigg, he told us, "You can spend your entire day being busy and not get anything important done. Productivity is about getting important things done." In his new book, Smarter Faster Better, Duhigg explores this fuller meaning of productivity and how to achieve it.

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Why is it that we often ignore hard data and go with our gut when making a decision? It's especially true when it comes to estimating the probability of something. Are our brains just really mediocre when it comes to numbers or is there a reason for our misguided instincts?

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You've probably heard the phrase "strike while the iron is hot," but when emotions are running high, it's often better to not strike at all. By waiting for the "iron" to go cold, you'll avoid making heated situations any worse.

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The Tools for Thought blog delves into a creative problem solving technique from Edward de Bono that isn't exactly new, but might be a fresh idea for recent converts to the Getting Things Done school of thinking. When faced with a problem or task, don't drive immediately toward a single solution, but do an "APC" on it—consider alternative causes or approaches, think up a list of possibilities for accomplishing or fixing it, and come up with a list of your choices. As poster Andre Kibbe explains:Before spending too much time building what may turn out to be the wrong strategy, it's worth spending some time dedicated to generating alternative strategies, without elaborating on a particular one. After having a variety to choose from, focus on implementing the best elements of one or more approaches.How do you implement APC thinking into your workflow? What other de Bonot-based thinking helps you tackle your tasks? Offer up your creativity in the comments. Alternatives, Possibilities, Choices