Making the right Decisions !

The path we choose in our life is the result of a series of decisions that we have made up to the point and put into action. It does not mean that these are the only correct or incorrect decisions.

It is very difficult to know which job is ideal for us or what of the two risk solutions we have to choose, everything has its merits and demerits, and therefore it’s not unexpected that sometimes we make a mistake. The important thing is that at key moments, we choose the right decision and achieve that goal or realize the situation which we aspire. Decision making is the process whereby we are faced with several options from which we have to choose the right one, followed by taking a series of actions to make that decision into action.

The way we make decisions largely depends on what kind of character we have and what are the personality traits that make us different from others. Of course, goals, ambitions, interests and desires influence on that decision in any moment and bring that in line with the priorities that we have chosen for ourselves. Decisions involve planning, thus taking into account the long-term (and therefore short-term) goals, the best time…Shortly, that means taking control of our lives (or any of its aspects).

How do we make decisions?

We are all different and each of us has our own ways to work. Decision-making is not universal, it’s unique for every person. Depending on who we are, it is different from all humans. A decision ways may be:

  1. Intuitive – decisions that were made intuitively based on historical experience and situations that were similar to the current. The decisions made in this way follow certain patterns that have proved successful in the past.
  2. Logical – when this decision is made, there is a consideration of all the arguments in favor or against a decision which is coming. On this occasion it is making the                 decomposition of the data and their comparison with personal affinities.
  3. Talking with someone – on this occasion we often need to verbalize our thoughts, we make a decision in conformity with someone we feel that we are familiar with (or have similar experience) and who can objectively influence to the process. It can also be a qualified person.
  4. Doubt – in self-decision–  where we are aware of the options that are in front of us, we include past experience and an analysis of the possible consequences. Collect the necessary data and after some time we make a decision that we think is proper. It is important not to procrastinate too much, because this can also have a negative effect on us.
  5. Testing of possible options – we decide one option which we previously tested in practice. In this way, we gain insight into the possible consequences of the decision. This is useful way of making decisions, but often we are not able to test the election or do not have enough time for that.

Through which stage we pass when we make decisions?

If we want quality to make a decision, we need to consider first whether the team has really needs and be aware that there is a time limit when we decide.

The process of decision-making should include the following stages:

1.Identification of the problem– before making any decision, there should be a clearly defined problem situation. Therefore, it should be clearly set the problem as well as all its aspects, what are its causes and consequences.

2.Defining goals – precise determination of what we want to achieve, what we aim for the future.

3.The preliminary decision and generate a list of possible solutions – the adoption of potential solutions and options for resolving dilemmas or problems. We should consider all the options that are in front of us, what is possible to do.

4.Evaluation of possible solutions – substantiated estimates what a settlement would be good or bad for us.

5.The choices of solutions – when we summarize the results it will be a clear decision that is best for us, and then comes choosing the best solutions.

6.Implementation of the decisions in practice – taking a series of actions that would our decision carry out in work and perseverance in the implementation process.

7.Monitoring the enforcement of the decision – if the results are not measurable on the spot, you should follow making progress in the implementation of the decision (to choose the means by which we can do).

What obstacles arise when we make the decisions?

Making decisions is not easy. The consequences we face after the taken decisions may not always be positive and fear of the consequences could be very much justified. Concerns for the present, for example, can significantly hinder our thinking about the future. Each of us carries a certain potential to sabotage the adoption of certain decisions.

Factors that could get in our way towards deciding the following:

  1. Personal characteristics – personality traits such as insecurity, lack of motivation, indecisiveness etc., can sabotage us when we need to make a decision.
  2. Lack of information – if we do not have some options or choices, there’s also no place in making decisions because it often involves the elimination of some possible solutions. If we do not have information on which we can make a decision, usually we will not get it.
  3. Prejudices about the new situation in which we can find after a made decision (“it’s bad for me, I can handle it”, etc.). If we pre-ordained the doom as a result of new decisions, we will not make such a decision.
  4. External pressures – factors that press us and affect on us to not make a decision or, on the contrary, bring one that is not necessarily good thing for us.

How not to make decisions?

1.Impulsive– making decision in the second, when the analytical thinking virtually excluded.

2.Fatalistic – letting things and circumstances to flow.

3. Imitating – when in the process of decision-making we rely on other people’s choices, regardless of whether it suits us or not.

4. Disposal – delaying the decision until the last moment when we are most often forced to a choice. Ignoring the need for decision-making will also force us into a decision that is timely made, it wouldn’t have bad consequences.

Decision-making is not easy nor is it always the logical choice for us, but what is important is to stay true with ourselves and our values, desires and aspirations, as this reduces the negative consequences of the decisions that we made. Such decisions are not always easy to make, and therefore you have to consult its long-term goals and the choice will be facilitated.

 

wfn

Network/Progress/Advance http://www.WorldFinanceNetwork.com

Accounting and Finance Job Board http://www.WFNjobs.com

Accounting and Finance Related Blogs http://www.WFNBlogs.com

Staffing and Recruiting http://www.WFNStaffing.com

Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s