Decision-Making - Guidelines

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Practical Guidelines for Decision-Making

The following guidelines will serve you well as you strive make decisions:

1.      You are the product of all the decisions you have made in your life.  If you want things to be different, then you need to make some new, different choices.

2.      You always have a choice…many choices.

3.      Spend time in decision making in proportion to the importance of the decision.  If others are affected by the decision, then let them participate.   The people who participate in the decision support the decision.

4.      The clearer your values, the easier the decision.  You are ready to make a decision when the decision is obvious.

5.      Making a decision means giving up something in return…the status quo.  Opportunity cost is the value of the next best choice that must be sacrificed to exercise the decision made.

6.      Every decision has long-term consequences.   One decision leads to another.

7.      A good decision is based on a good process. Sufficient information plus logical decision-rules makes for a good decision.

8.      Always have a default option incase you have trouble making a decision.  Often, the default option is the status quo.

9.      To make a good choice, create many choices to choose from.

10.  Every decision requires action to be implemented.   Express doubt and hesitation before making the decision, exhibit optimism and initiative after.  

 

Additional decision-making rules can be found in the following website: http://www.liraz.com/tdecision.htm
Some of my favorites decision-making rules on this website are these three:

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Website last updated on 10/19/08
Copyright ©2005 Charles W. Sooter.  All rights reserved.