Decision-making process for personal and business use
Making business decisions for profit, everything we decide to do in life, either immediate, short term or later on eventually has an effect. To self, others or the environment that surround us, whether a family, personal values, social, economic, the green environment, financial or political. The personal direct ones are; fitness and health, food and nutrition, family and friends, and social ethics. Here is an Audio Video link to Decision making process explained.
Decision-making process and reflection after the outcome
Do you ever second guess the decisions that you have made? I guess you do, especially if the decision turned out not so rosy as it first appeared. Regret can automatically take back the thoughts to the moment of decision, how that point of time could have changed the future. E.g. while shopping in a mall you go about looking at the display windows as you walk past them, at one of the windows you stop and look closer longer, and then decide to go inside and have a closer look of the items on display, they could be shoes or handbags or clothing. You know in the back of your mind that the price is way over the top, and that it is way beyond your budget for that given month. But temptation works slowly but surely and you end up giving in to that illusion of reward that the item is representing to you at the time. It was the impulse that flicked the switch of no return, no going back on the purchase of the item. See details to a study course on decision making here,
The alternative would have been to have a 3 step plan before going into the shopping mall; a) knowledge of what you need to buy, b) how much you have to spend c) what your budget is for the that month.
Decision-making process also as a reminder, writing down on a piece of paper the amount that you have for spending on any other items that you may discover on hunting for a sale during that trip to the shopping mall.
The regret may come up on the same day or a few days later, the purchased item may not fit you as it first felt, it may not be as comfortable as it appeared to be. Maybe the item was shoes which were on a sale but the intended use was not made for that specific use that you needed shoes the most, it was the wrong design for your favorite most needed application. That is one example when the second guessing starts to roll, and bring alternative idea examples made at the time of purchase:
- What were you thinking
- Why did you make the purchase
- There were so many other alternative locations, places and time to look later and ask for prices
- You could go back to the retail store and return the item as unwanted
Lessons learned in the Decision making process
The goal of the Decision making process is to train you how to make confident decisions, every time. Some people will rely more on the process technique and others lean more on the side of intuition, but be cautious with intuition because impulsive buying can easily be powered by intuition. The safeguard is to use a reliable decision-making process that lays out a plan that clearly shows what the budget is, and where the spending priorities should go to.
Decision-making process, how to make a good decision and what is the best decision? Don’t waste time in making bad decisions, it is the long road, around and around that delays you from your destination and dreams. Learn to use a formula, a process, on how to make the best decision for your own good. The right decision, how does one know what is the right decision? A right decision is not impulsive, it is based on real facts, reality, personal values, company values and policy .
The Decision making process is the focus point of the training course, not so much attention on the problem
The objective goal of confident decision making. It is by knowing what your personal/company values and service policies are. The decisions are made with understanding and the support of a knowledge base. It is important to have such knowledge base so that communication and delegation of values/policy can be made with confidence.
How to delegate decision making in a business, first there needs to be a blueprint of the values, policy, and standards, before delegation can be communicated effectively.
A responsible delegation of responsibility to staff subordinates needs clear communication or company orientation training, which in turn points to the owner-managers of the company, have they mastered the art of decision-making, and what are the values and company policy.
Micro management is fine example of disorganized company management and poor communication habit of values and policies.
With a thorough knowledge of personal/company values or policy, communication can be achieved in less time and better results, that subordinates can refer to the resources at their own pleasure. This also gives more slack and loosens the reins of management to do the work which they have called and trained to do.
Decisions don’t always rely on a process, once the process becomes familiar and second nature then intuition can easily plug in new ideas and inspiration to the evaluation of opportunities and environments of decision making. But the process is the guide and safe guard for objective goals.
Right decision have the ability to empower, bad decisions and bad outcomes do the opposite, they diminish the positive energy susbstance out of confident decision making. Maybe not all right decision has the best outcome, some outcomes of even the best decisions have appalling outcomes, but making the right decision is always the best bet. Decision-making process is resource of a technique made available at the best decision coach.com, but if your budget does not allow for a purchase of the product, then don’t do it, make your own research, be honest, transparent in your own thinking, become more familiar with the issues that you wrestle with making decisions, and ask lots of questions. All the best of luck with your future decisions. –Best decision coach.
