{"id":8534,"date":"2018-12-20T16:54:14","date_gmt":"2018-12-20T16:54:14","guid":{"rendered":"https:\/\/www.monsterindia.com\/career-advice\/how-to-develop-your-decision-making-skills-8534\/"},"modified":"2025-01-10T12:06:48","modified_gmt":"2025-01-10T06:36:48","slug":"how-to-develop-your-decision-making-skills","status":"publish","type":"post","link":"https:\/\/www.foundit.sg\/career-advice\/how-to-develop-your-decision-making-skills\/","title":{"rendered":"How to develop your decision-making skills"},"content":{"rendered":"

\"How-to-develop-your-decision-making-skills
\nBeing expected to make decisions and take responsibility for the success or failure of the outcome can be terrifying and nerve-wracking, even for those who do it on a regular basis. However, it does become more bearable with the passage of time. What\u2019s more, taking the time to polish your decision-making skills and build that area of strength is in your best interest, especially if you are aiming to become a C-suite executive. Making decisions is a vital part of a business leader\u2019s life, so if you\u2019re unaccustomed to being in such circumstances, here is how you can get started:<\/span><\/p>\n

    \n
  1. Let the numbers speak to you:<\/strong> If you\u2019re in search of a guiding light when faced with a decision you\u2019re not sure how to approach, look to reports, charts, and figures to do some of the intellectual heavy lifting for you. If available, always refer to previously conducted research to get an idea of what would be the most sensible course of action. Search for insights from authorities on the subject, or formulate your own based on the numbers available. Basing your decision off scientific or quantifiable evidence will lend it much credibility and weight.\u00a0<\/span><\/span><\/li>\n
  2. Listen to your gut:<\/strong> Though relying solely on cold, hard facts can be a great starting point, letting data make decisions isn\u2019t always the best course of action. While it\u2019s important to consider the numbers, you should also consider listening to what your intuition tells you to do<\/a>. Also known as instinct or \u201cinner voice,\u201d it is not to be discounted when on the cusp of making a crucial decision. Depend upon it most in times of fear or uncertainty<\/a>.<\/span><\/span><\/li>\n
  3. Consult a senior:<\/strong> If you\u2019re new to making important decisions and shouldering the responsibility of the outcome, who better to seek advice from than the people who have done it several times before? Don\u2019t expect your superiors to do your work and choose for you, but do soak up the knowledge they have to offer. Be enlightened by the stories of the challenges they faced along the way, and the mistakes they made. Knowing that you aren\u2019t alone in having to make tough choices is comforting, and there are likely valuable lessons that can be learned.<\/span><\/span><\/li>\n
  4. Envision as many outcomes as possible:<\/strong> There will be positive and negative scenarios that arise out of every decision you make.
    \nAnticipating all the possible outcomes and having a plan of action tailored to each of them will help you feel mentally prepared and better equipped to tackle whatever comes your way.<\/span><\/span><\/li>\n
  5. Consider the needs of the stakeholders:<\/strong> Whatever decision you make will end up impacting somebody in the long run \u2013 and in business, it\u2019s usually, it\u2019s several parties all at once since stakeholders typically consist of colleagues, subordinates, stockholders, consumers, business partners and beneficiaries. If you\u2019re dealing with a large group of people, chances are you won\u2019t end up pleasing everybody. Prioritise the group or groups whose lives will be most impacted by whatever decision you take, and cater to their needs as much as possible. There will always be those who won\u2019t be satisfied with the solutions you opt for, so you must figure out how to best appease them.<\/span><\/span><\/li>\n
  6. Don\u2019t put it off:<\/strong> Procrastinating on pending decisions \u2013 especially tough ones \u2013 will only make you feel more burdened. Instead of letting it continue to weigh on you, give yourself a firm decision-making deadline. Put it in your calendar and don\u2019t let it slip by. Once you\u2019ve made the decision, you\u2019ll feel better and will be able to move on to the next thing.\n

    <\/span><\/li>\n<\/ol>\n

    You May Also Like: Why Business Communication Matters?<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

    Being expected to make decisions and take responsibility for the success or failure of the outcome can be terrifying and nerve-wracking, even for those who do it on a regular basis. However, it does become more bearable with the passage of time. What\u2019s more, taking the time to polish your decision-making skills and build that […]<\/p>\n","protected":false},"author":1,"featured_media":8535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[112],"tags":[],"class_list":{"0":"post-8534","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-leadership-management"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/posts\/8534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/comments?post=8534"}],"version-history":[{"count":2,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/posts\/8534\/revisions"}],"predecessor-version":[{"id":44676,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/posts\/8534\/revisions\/44676"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/media\/8535"}],"wp:attachment":[{"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/media?parent=8534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/categories?post=8534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/tags?post=8534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}