Quick Decision Making

Join the Wily Manager guys this week in their discussion making quality quick decisions.  Sometimes you do need to decide quickly, and you can do a much higher quality job of it if you’re aware of some of the pitfalls.

Monday’s Tip:    Don’t Ignore Decisions.  If you ignore decisions, you’ll find that opportunities pass you by, and you’ll be branded as indecisive.  Often times, the wrong decision is better than no decision at all.

Tuesday’s Tip:    Don’t rely solely on gut instinct.  Your intuition is a powerful tool, but don’t rely on it exclusively, unless you have a lot of experience in the area of the decision.  You will want to gather what data you have and ask for other opinions.

Wednesday’s Tip:    Overly-Analytical.  Some data and information is good, but rarely will you get perfect information on which to base a decision.  Gather what information you can quickly, and then make your decision.

Thursday’s Tip:    Wrong number of opinions.  Some decisions should be made by consensus; others should be made by a leader in isolation.  You need to decide how much input from others is required, and act accordingly.

Friday’s Tip:    Making Decisions in Haste.  In some cases, you will want to spend some time to gather good information, and consult others.  Do not treat every decision as requiring fast action.  Some decisions should be taken slowly.