The Fundamentals Of Decision Making Skills - Not For Everyone!

The only thing that distinguishes between a leader and a follower is the art of making decisions. A commander knows what decisions may lead him to victory, and that is what keeps him out of the crowd.

Nevertheless, the only thing which I want the next generation to inherit directly from me is, ‘Decision-making skills’.

Wisdom leads to correct decision-making, and in order to gain wisdom a person needs to drag himself through the tough roads.

Decision making skill is an art
Let's ponder more into it in detail.

DECISION-MAKING PROCESS

DECISION-MAKING PROCESS
The decision-making process involves all steps of how information is gathered about a problem, what factors need to be considered, and finally, action options. These steps occur in order and are necessary to arrive at a solution. When considering solutions, the first step is gathering data; then comes analysis and evaluation. Next comes thinking about and planning solutions. Finally, implementation occurs and ends with an evaluation of the results. A good decision-maker knows how to gather data, evaluate potential problems, think about different solutions, plan and implement their ideas, and evaluate the results.

DECIDING WHAT IS BEST

DECIDING WHAT IS BEST

There are three types of decisions people make: factual, value-based, and judgmental. Factual decisions involve facts and figures. Value-based decisions involve weighing out costs versus benefits and deciding if something is worth doing. Judgmental decisions are ones where people choose between two or more alternatives or make moral judgments. In these cases, we look to other people's values and opinions.

HOW TO MAKE GOOD DECISIONS

HOW TO MAKE GOOD DECISIONS

To make good decisions, follow the following guidelines:

Know the facts of the situation

Consider the consequences of each option

Avoid making emotional decisions

Listen to others' views

EVALUATING YOUR OPTIONS

EVALUATING YOUR OPTIONS

When choosing an alternative, ask yourself, "What do I have to lose?" If the answer is nothing, then you should probably go ahead and do it. However, if the risk is high, then think carefully before taking action. For example, imagine you're walking down the street and notice someone getting hit by a car. You could either run over to help them or not. If you don't get hurt, you're safe. But if you do, then you've lost your legs. The choice seems obvious, right? Well, not necessarily. Often, when we consider our options, we don't fully understand all of the risks involved. So, instead, we just take a guess and assume everything will be okay.

CONCLUSION

Decision-making requires us to weigh the pros and cons of possible choices. We can improve our decision-making skills by looking at our options objectively, asking ourselves what we stand to gain and lose, and considering all of the possibilities.

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