Friday, August 7, 2009

Option in Decision

Best Option in Decision

There’s a term you may have heard that describes the opposite of good decision making – analysis paralysis. This is when for whatever reason, you cannot or will not make a decision and then execute. Perhaps you believe you need more information; perhaps you need to convince someone who was not enrolled in your decision or the decision making process. For these reasons or others, you may find yourself stuck in first gear spinning and spinning. You’re ready to move but something may be holding you back.
This very same process will force you to look at potential downsides or negative outcomes of your decision. So let’s take a look at adverse consequences of your decision. No decision or plan is perfect.
Finding adverse consequences or potential negative outcomes is a process just like decision analysis is a process. If i choice this option, what may I have missed in the decision process that is required to make this choice successful? What might change over time, or as a result of this decision that would impact its long term success?
Each adverse consequence is listed and for each, a score is given for its negative impact to your choice. The score can be low, medium or high. Up to this point you’ve used a very logical process to make perhaps a very difficult decision. Surely you wouldn’t use this process to select a place to eat lunch! However, when considering life’s most difficult decisions, the process works for you to insure you consider multiple points of view, the very best information and then focuses you on the best all-around option. Further, when you consider adverse consequences and create a plan to deal with them, you’ve set a foundation for a great decision.

Read also:

* Decision Making Basic
* Basic Decision Making
* Better Decision

Better Decision

Better Decision

A decision is something that is required when the answer doesn’t present itself. So making a choice when no clear or best option seems to appear, we should go through a process to find the best option to meet our requirements. This process may be very straightforward and represent a choice we’ve made many times before. The negotiable items are those criteria that will be met in varying degrees by each option.
In the discussion of criteria we raised the question of how many and which kind. Do you remember your last bad decision? I’ll bet you’d list some very specific criteria were you to make that very decision again today.
For example, any retail web site can list the great features of two computers side-by-side. How about disk drive size? Of course you have to determine which features or criteria are important to you, and then use those in your final decision process.
Another source of good criteria is consumer magazines and sites. What are these sites telling you about the products or services? The topics of their studies are great sources of what might also be important in your decision. Yet another source is advertisements. What are the vendors and manufacturers or users of a product or service telling you? It’s important to them; perhaps it is important to you as well.
The bottom line: there are good criteria all around us. Great sources can be found on the web, vendor literature, advertisements and friends and neighbors. The best decisions will be made after careful evaluation of sound criteria. Give your criteria careful consideration and your decision will prove sound for years to come!

Read also:

* Decision Making Basic
* Basic Decision Making

Basic Decision Making

Basic Decision Making

A decision is something that happens when the answer doesn’t present itself.
This series of articles answers the question of “What is a decision?” and goes further to describe the attributes of a GOOD decision. A dictionary defines a decision as the act of reaching a conclusion or making up one’s mind: determining with finality a course of action. Truth is we make decisions all day long and may not realize it.
We created some criteria upon which we would base our decision. The choice we needed to make: when to get gas. The options: at one of several points in the journey. The criteria to evaluate the options: distance, efficiency of the travel, cost, and friendliness of the staff. All this detail from a simple “When should I get gas” example. Good thing we do most of this in our heads!
So then, what is a decision? First, a decision is the recognition that we have to make a choice. At this point, the ANSWER has NOT presented itself! There are however some options, we must take action and only one option is possible (i.e. why would I choose to refuel at two gas stations?).
Some options may not meet the criteria. Several options may meet the criteria but have pros and cons associated with them. This suggests a Better decision can be made. And last, a good decision considers what might happen if something goes wrong. Going wrong could be an execution detail, a wrong assumption on my part, or changing circumstances. At the end however, I’ve considered all of these things and made the Best well-rounded choice: one that meets all my criteria the best.
The simple examples here illustrate there are key components to decisions we need to make. These components can be applied to many decisions in our lives from the very basic like which vacuum cleaner to buy, up to which car to buy or college to attend. Using these steps insures we’ve considered the necessary factors and will then make the best decisions.

Read also:

* Decision Making Basic

Decision making basic

Decision Making Basic

One of the world’s most memorable quotes is from Shakespeare's Hamlet - to be or not to be is all about a decision. It is a dramatic example of someone dealing with a critical decision.
Freely making and executing a decision is at the very essence of human life.
Only human beings have the developed capacity of assessing situations and making considered decisions, which includes evaluating the consequences of decisions before going ahead and executing them.
There are three basic approaches for decision making, which are: 1 Delay; 2 Instant decisions ; 3 The professional approach
The professional This approach is based on sound decision making processes using logical steps and an effective thinking process.
Take a positive approach to decision making. Don’t scowl or look disinterested when you are asked for a decision as that will hardly inspire confidence.
If you demonstrate a negative approach to your team they may stop asking you for decisions and the results will be chaos. Always respond positively even if you are unable to give a final decision there and then.
Sometimes you have to make the decision not to make a decision. At least you have made a decision and people will respect you if you have valid reasons.
There are three types of decisions that you will need to manage, namely:
• Autocratic - you make the decision alone and accept full responsibility
• Consultative - you request help usually from your boss
• Group - you allow your group to fully participate in the decision