How do you make your toughest decisions? Write a pro/con list? Go with your gut? Have your own system that you've perfected over the years?
Tagged With decision-making
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'.
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.
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?
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.
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.
The average person makes at least 70 decisions a day. That number is likely to be higher when you're a small business owner. But you only have a limited amount of time and brain capacity to make decisions. One way to manage this is to go into "auto pilot mode" for smaller decisions throughout the day.
There are four different sets of guidelines on when you should start getting mammograms and how often you need them -- and they disagree with each other. A tool called Breast Screening Decisions can help low-risk women figure out what schedule is best.
Games like Settlers of Catan are "resource management games," where you make difficult choices and focus on long-term goals (like building the largest army). It's a lot like life: You have goals, opportunities, and decisions along the way to get where you want to go. You can apply that same game logic to make the right choices.
Our primary language is one rooted in emotion, and so our decisions are heavily influenced by the emotions surrounding the words we read or hear. Sian Beilock, PhD, author of Choke, points to a study that demonstrates how thinking and speaking in a foreign language can remove that bis and help us make more rational choices.