Decision making

Intuition can guide
Apply Decision steps
Accept it is “good enough”

Making a single decision is is hard enough but often there are mutliple decisions to be made each day which can range from the simple to the complex, from the insignificant to the life changing.

Intuition can guide

Intuition can guide you and experts often make decision on intuition then check it is right as things progress. To quote Jim Nightingale in Think Smart-Act Smart  “we simply decide without thinking much about the decision process.”

Apply Decision steps

Consider what the actual problem and intended outcome really is. When you go back to these basic points the decision often becomes easier and the outcome more achievable

Brainstorm or blue sky the alternatives. Choose the most viable and practical solutions. Consider each in the context of your objectives and envision the future with each solution.

If you are stuck draw up a pros and cons list and then prioritise in order. If two options remain toss a coin to decide and then see how comfortable you are with the decision (you can then change your mind!)

Talk about it with another person or group. Consider asking an expert in the area. Sleep on it and do something else until the solution emerges (“night  reflection”).

Accept it is “good enough”

If the decision feels right and no other obvious alternatives then write it down or share it as agreed and move to next.  Allow a route to revisit the decision by those involved if the decision turns out to be incorrect. this allows feedback and improvement. We all make incorrect decisions and the best approach is to be able to pick this up and change direction.

Accept the decision is then “good enough”  (“Satisficers” termed by  Herbert Simon). You cannot optimise every decision and should avoid regret (“Maximisers” termed by Herbert Simon). Better to learn positively and move to a better action than regret.