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6 Steps to Make Good Decisions and Traits of Good Decision Maker

in Leaders
How to make good decision

All of us are faced with different decisions to make on a daily basis. Some are small and of minor importance, while others are enormous and possibly life-changing. Some are easy and obvious choices; others are more complex and require a deeper level of thought.

Making better decisions challenges us to balance the apparent opposite forces of emotion and rationality. 

For those decisions that are complicated and hard to make, there are some steps we can follow to support us and come up with a good solution. Here we bring together some of their many captivating discoveries to prepare your mind in making decisions. 

2: Create a Productive Atmosphere

Decisions can become complicated when they include or influence other people, so it supports building a productive atmosphere in which to explore the circumstances and weigh up your choices. 

Often, when you are liable for making a decision, you have to rely on others to complete it, so it pays to gain their help. If it is most suitable to decide within a group, handle a Stakeholder Analysis to know who to add in the process. To develop commitment from others, make sure that these stakeholders are well represented within your decision-making group. 

3: Know Your Purpose

One of the most efficient decision-making approaches is to keep an eye on your object. Does this simply mean knowing the purpose of your decision by questioning yourself what exactly is the issue that requires it to be resolved? And why does this issue require to be resolved? 

Figuring out what is most essential to you will support you in making good decisions. When you comprehend the purpose of why you have made a particular decision; it will better help you in staying with it, and supporting it. 

4: Analyze the Outcomes

This action can be just as significant as step one because it will support you to discover how your final decision will influence yourself, and/or others affected. In this step, you will be questioning yourself what is likely to be the outcome of your decision. How will it change you now? And how will it influence your future? 

This is a necessary step because it enables you to evaluate the pros and cons of the different possibilities. It is also essential because you want to feel happy with all your choices and the probable consequence of whichever one you decide. 

5: Create Good Alternatives

The wider the options you explore, the more helpful your final decision is expected to be. 

Creating several different choices may seem to make your decision more difficult at first, but the act of coming up with options pushes you to understand deeper and look at the issue from different perspectives. 

This is when it can be important to use a variety of creative thinking methods. These can enable you to think outside your normal patterns of thinking and come up with some truly creative solutions. Brainstorming is seemingly the most famous technique of producing ideas, while Reverse Brainstorming works similarly, but starts by asking how you can accomplish the opposite outcome from the required one and then converting the solution on its head. 

5: Choose the Best Solution

Once you have decided the choices, the next step is to make your decision. If one particular option is clearly more helpful than the other, your decision will be clear. However, if you still have various competing options, there are lots of tools that will support you to decide between them. 

6: Evaluate Your Decision

Once you have made your ultimate decision and put it into action, it is important to evaluate the decision and the actions you have taken to assure that it works. This final step is probably just as significant as step one because it will help you to further improve your decision-making abilities for future problems. This step is also necessary because it may require you to seek out new information and make some adjustments along the way. 

Remember, this step requires some persistence and it can also support patience. Because it may take some time to notice the result. Recognizing that if the first decision is not working, you may have to go back to step two and pick another option.

Traits of Good Decision Maker

Luckily, everyone can make some efforts to become good decision-makers. If you want to become a good decision-maker, include these five traits into your life. 

  • Decision-makers have faith in themselves: They consider their own experience in the profession and believe they are able enough to draw upon that experience to consider uncertainties and options and choose a direction. 
  • They develop relations with specialists throughout the organization: While it is necessary not to have a second opinion on your own expertise, it is also necessary to understand what you do not know. People are known as decision-makers who have great relations with those in the know about a kind of various topics so they can call upon them to charge the situation when a decision relating to their selective area is required. 
  • Decision-makers do not worry: They are satisfied with their decisions and once they have done their analysis and are determined in a direction, they do not look back or lose sleep and keep asking “what if I had gone down the other path?” The back and forth of “maybe this is the right way to go, but on the other hand that might be preferable” can be paralyzing and people who rise to the top of organizations have long ago discovered to silence those unproductive inner voices. Once they have chosen a path, they are satisfied and they move ahead from there. 
  • They act immediately but completely: There is often a time factor involved in decision-making. Decision-makers are able to identify the situation, estimate what analysis is required, draw on their resources and relationships to get it finished so they can make an immediate but sound decision that they will not repent later 
  • They are not scared of mistakes: Even the most positive decision-maker or top leader does a blunder once in a while, but he does not let it destroy his pace. He understands we all learn from blunders and if we think where we went wrong in a certain situation and what could have been done otherwise, the next time he is presented with the possibility to choose a similar matter, the right choice will be obvious. 

Above are the traits of the good decision maker and steps of how to make a better decision.