Making decisions is harder for some people than it is for others. Some people are just naturally good when it comes to solving problems or making decisions. Whether you have a small choice to make or a bigger workplace decision, here are a few steps to overcome this problem.
Don’t Be Overconfident
One of the biggest mistakes in decision making is being overly confident. There’s a difference between being certain and being overconfident with your decision making.
If you head into a decision without thinking things through, you’re more likely to fail.
Instead of making a quick choice, treat your decision as a serious action. A good way to avoid being too confident is weigh all your options and consider the facts of the situation. It also doesn’t hurt to get other opinions from trusted resources.
Taking the time to reason will save you a lot of grief in decision making. The most successful people are the ones that take time to consider the pros and cons along the way to their goals. For example, if a business owner wants to buy another part in his company, he’ll think about the percentage of success.
Some helpful steps to reasoning include:
- Gather important information
- Consider the alternatives as you collect information
- Draw from your past experiences as you look at the facts
- Review the facts in front of you
- Think about the consequences
Following these steps will help you reason out the facts from your emotions and help avoid failure.
Consider The Odds
Considering the odds is also known as finding the probability. Using this important skill will help you make better and smarter decisions in all areas of life. You’ll also have an easier time understanding the probable outcome of your decision.
Be patient with this step. Using basic probability is a practiced skill for a lot of people but it is essential to making decisions. The best decision makers don’t use this skill once and forget about it. They keep returning to it every day in their lives.
Making the Decision
After you walk through the process, it’s time to actually make the decision. Going through this process doesn’t mean the outcome is successful every time. However, the process does help you successfully analyze every step and avoid quick choices that hurt you in the long run.
Follow this process to learn a valuable skill and avoid decision-making problems.
Written for us by our associate Gary Sorrell, Sorrell Associates, LLC. Copyright protected. All rights reserved