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Making Tough Decisions 9/10
Making the decision and committing to it
Want to share feedback about the podcast? It would be much appreciated. 3 min survey here:
https://www.surveymonkey.co.uk/r/N72QP67
Sometimes there is no downside to delaying a decision; such as when you can’t implement the decision yet, when delaying doesn’t cost you any options, or when there is nothing and nobody waiting on you.
If there are strong benefits to making the decision now and real downsides to delaying it any longer, then you have to get on with it and make it.
If you are making a decision, first you want a transparent prioritisation of the different factors that you’re using to make it. This is important because it will help you to justify the decision to yourself - giving you more confidence in it - and it will also help when you communicate the decision to stakeholders.
When it comes to assessing your choices, some people prefer to do this in the round, playing back everything they’ve discovered and worked through in their mind, but ultimately using intuition and instinct to reach a decision. Others prefer a more a structured way and there are frameworks that can help with this. e.g.,
- Decision trees;
- A list of Pros vs Cons;
- A decision matrix - a table of columns with headings made up of your different options and rows of the prioritised factors.
Your task for today is to spend 5-10 minutes determining the approach you’ll follow to make your decision and then take the necessary time to process the variables, reach a decision and commit to it.
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By Benjamin FordMaking the decision and committing to it
Want to share feedback about the podcast? It would be much appreciated. 3 min survey here:
https://www.surveymonkey.co.uk/r/N72QP67
Sometimes there is no downside to delaying a decision; such as when you can’t implement the decision yet, when delaying doesn’t cost you any options, or when there is nothing and nobody waiting on you.
If there are strong benefits to making the decision now and real downsides to delaying it any longer, then you have to get on with it and make it.
If you are making a decision, first you want a transparent prioritisation of the different factors that you’re using to make it. This is important because it will help you to justify the decision to yourself - giving you more confidence in it - and it will also help when you communicate the decision to stakeholders.
When it comes to assessing your choices, some people prefer to do this in the round, playing back everything they’ve discovered and worked through in their mind, but ultimately using intuition and instinct to reach a decision. Others prefer a more a structured way and there are frameworks that can help with this. e.g.,
- Decision trees;
- A list of Pros vs Cons;
- A decision matrix - a table of columns with headings made up of your different options and rows of the prioritised factors.
Your task for today is to spend 5-10 minutes determining the approach you’ll follow to make your decision and then take the necessary time to process the variables, reach a decision and commit to it.