Honing the Ability to Make Useful Business Decisions

The success you experience will have a lot to do with the decisions you make, but the problem is that many people don’t have the natural ability to make sound and prompt decisions. And as a entrepreneur, you will need to make all types of business decisions. The good news is that you can hone these skills. Obsessing about making the perfect decision will cause you to spin your tires and go nowhere. It’s better to decide than to try to come up with a perfect plan for everything.

In business, making good decisions fast is one part of the keys to success. Delaying decisions can slow you down as well as increase stress. Sometimes you have got to nail down what it is you’re going to do and how you are going to execute it. Don’t make it too complicated.

 

 

Quick-Step Approach

There’s a handy approach called the “Quick-Step.” It helps you make decisions quickly when you need to be fast on your feet.

The four elements of the “Quick-Step are:

• The Problem
• The Objectives
• The Consequences
• The Risk

After you’ve considered these elements, compare the benefits and outcome of taking action. You can do this in just a few minutes. Let the details go and concentrate on the elements, then make your choice and roll with it.

It can be helpful to write the elements out on a piece of paper. You can work through the pieces of your decision to see what the outcomes could be. Once you have written down the options and the possible outcomes, you can use this to help you in your decision-making process. 

 

The great thing about this approach is that it will become automatic if you do it often enough. Hone your decision-making process on lesser issues, and you will have more time to consider the more significant problems for your business and your personal success. When you’re capable of making good business decisions on the fly, you have an advantage over those who take a long time to make a choice. If you have complicated decisions to make, create a deadline to come up with something. Sometimes a small delay gives you time to make a decision you feel good about.

How to get out of an indecisive funk

There will be times where you can’t seem to make a decision. You may not have any ideas; this can happen, especially when you are under pressure. Tension and anxiety can make it difficult to think and harder to find solutions. When you begin feeling incapacitated, try to remain focused on the facts and keep emotions out so that you can view things with a more logical frame of mind. A great saying to illustrate this is

“Don’t make permanent decisions based on temporary emotions.”

Focus on your business goals with every choice you make. When you make any business decision, think about whether it supports your vision for the future.

1. Ask Someone You Trust

Find someone you look up to and ask their opinion. Other successful people can help you with a decision. Share with them the information you have, and they may be able to help you see a solution to your problem. Choose your advisors wisely, someone who has more experience than you and proven their ability to make successful based choices.

2. Let Go of Perfection

The need for perfection is probably the biggest obstacle of all when it comes to making a decision. When your only goal is perfectionism, you may need to learn to leap without looking. Have faith in yourself and understand that making no decision is deciding to do nothing and maybe the worst decision.

3. Don’t Overanalyze

It’s important not to overthink it. Your insight will often come when you’re not thinking about the problem. Try to keep your mind quiet, as this can allow you to connect to a new thought process that results in an alternative outcome.

4. Own Your Mistakes

Of course, there is a risk that your decision may be the wrong one. Don’t wallow in it. Focus on correcting it and moving on. Many of the greatest discoveries took at least a few wrong turns before success was achieved. Admit your errors to others and yourself.

5. Don’t Solve a Problem – Decide

The decision is what aids in solving a problem. However, not all problems can be solved by decision-making. It’s important to understand that making choices has much more to do with your gut instinct or intuition than analyzing every last detail. Sometimes you just have to feel what seems to be the right decision.

Trusting Your Intuition

Intuition is the process that allows us to know something without having to analyze it and can be a beautiful thing. It bridges the gap between the conscious and unconscious parts of the mind. Intuitive thinking is automatic and can often be the catalyst that motivates us to take fast action, the thoughts that are derived from all of our past experiences, even from childhood. Intuition or gut instinct is continually growing and evolving. Scientists refer to how your gut absorbs and responds to information as your second brain.

Some think of intuition as fluff, but in fact, it’s from where your quickest and perhaps some of your best decisions come. You don’t hone intuition, but you can learn to listen when it is trying to tell you something. To develop this skill, you simply need to start paying attention to it. You can use it to put together an action plan for making fast decisions under pressure.

When you have a question that demands an answer, use the natural tool that lives inside you, intuition. It is there, and it is free, so use it

There are a few ways that can help you make quick decisions and become a better decision maker. First, try to listen to what your gut is saying. If that doesn’t work, try the quick-step approach. Once you start using these tools, making quick decisions will become more automatic, and one more skill you can add to your list of talents.

featured · Find Your Way · Grow your business · Mindset · Your Mindset Entrepreneurial Lifestyle · Find Your Way · Grow Your Business · Your Mindset