How To Become Good At Decision Making And Why It’s Important

For some people, being a good decision maker comes naturally. For others, this, unfortunately, isn’t the case. There are many advantages to being able to make sensible decisions, from improving productivity to preventing mistakes. Making better decisions will especially benefit you if you are a business owner or are involved in the business.

Indecisiveness can be very problematic, particularly for working professionals. If one can’t make a sensible decision under pressure, career advancement is unlikely. This article will solve that issue for you, by explaining how you can become good at decision making:

Why Is Decision Making Important?

Decision making is very important, especially for business people. If you were an Amazon seller and were trying to sell your Amazon seller account, then you would need to take a lot of things into consideration in order to make the right decision, particularly if your livelihood came from this account. This is a perfect example of why decision-making is important. If you made the wrong decision in that theoretical situation, you could cost yourself a lot of money. If you made the right one, you could turn a handsome profit. With regard to these sorts of decisions, many business experts advise seeking counsel from a lawyer or business attorney.

Stressing Yourself Out

One of the best ways to become better at making decisions is to stop winding yourself up and stressing yourself out when you are trying to make choice. The main reason that people procrastinate, mess around, and delay giving final answers is because they are worked up and haven’t had time to carefully think through their issues. When you’re tense and frustrated, it can be very difficult to make an effective decision. Calm down, take a deep breath, and give yourself some time to work out your dilemma maturely.

Give Yourself Time

In addition to keeping yourself calm, you also need to give yourself time. Lots of people try to rush through the decision-making process. Rushing decision making is a bad idea because it often results in you making the wrong decision. This is because one simply doesn’t have time to weigh up the pros and cons of choices, when one is making an instant, on the spot decision. If somebody is trying to pressure you to make a choice, tell them that you need some time. Collect yourself, don’t stress yourself out, and weigh up the pros and the cons.

Pros and Cons

Keeping in line with our previous point, if you are trying to make a hard decision then you need to weigh up the pros and cons. If you are pressed for time, then you should try to do this as quickly as possible. Some people find that writing down the pros and cons in a spreadsheet works. Others prefer to work out the pros and cons in their head. Be completely realistic about the pros and cons of alternatives, otherwise, you could make a bad one.

Goals and Values

Goals and values, in addition to pros and cons, need to be worked out. What do you want to achieve from a decision? Do you want to profit from it or benefit from it anyway, or will it benefit others? You also need to consider your values. If an alternative goes against everything that you stand for, then you mustn’t stand for it. One’s goals and values are very important. If a person is willing to sell their values out for profit, then it says a lot about them. If a decision is not at odds with your values and benefits you somehow, however, then it’s usually best to go with it.

All Possibilities

You must also try to have some foresight. How will making a decision affect you in the future? Some decisions might seem good at the moment, but later prove to be very damaging. When you are weighing up a decision’s pros and cons, try to think ahead to the future. How precisely will this choice impact you? If you cannot honestly see any negatives coming from it, then it’s safe to go ahead. If you’re unsure, hesitant, and concerned that problems may arise, then it’s best to avoid going ahead with it. Lots of people go ahead and make bad choices even if they will impact them negatively because they have poor impulse control, or don’t care about the future. Don’t be like these people, because good never comes from intentionally sabotaging oneself.

If you are having difficulty making decisions, there are some strategies that you can adopt to become better at decision making. Decisions are very important, and we all have to make them. If you rush through, don’t think about, or don’t care about the decisions that you make, then you will spend a fair chunk of your life cleaning up after yourself.

Posted by Dragan Sutevski

Dragan Sutevski is a founder and CEO of Sutevski Consulting, creating business excellence through innovative thinking. Get more from Dragan on Twitter. Contact Dragan