Management Tip of the Day: Make Good Decisions Faster

 

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September 27, 2013 Make Good Decisions Faster A simple approach can help replace your slow deliberations with fast decisions. Try this framework: Know your ultimate objective. The biggest hurdle to fast decisions is criteria overload. Of the seven or eight possible objectives you would love to meet, which one or two will make the biggest impact? Consider which stakeholder you least want to disappoint—which goal would they care about most? Get a second opinion. Asking one other person can broaden your frame of reference and help eliminate judgment errors. Plus, the act of explaining your situation anew often gives you fresh insights. Do something. Select one option while letting go of all the other "good" ones. No amount of deliberation can guarantee that you have identified the "right" option, but remember: The purpose of a decision is not choose perfectly, but to get you to the next decision. Adapted from "Make Good Decisions Faster," by Nick Tasler.

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