Decision making is a daily part of life for all managers and entrepreneurs. If you are either, you know how vital it is to decide correctly. A small mistake can create havoc in your business or at work. For effective and smooth running, you need to make sure that decisions are made correctly and on time. As the old saying goes “a stitch in time saves nine”; your decision making skills may be put to test during day-to-day operations or during long term strategic planning.
The following steps are crucial for making effective decisions. An expert decision maker goes through these steps in a matter of minutes. Follow these to improve your decision making and get the desired result.