Tuesday 16 November 2021

Developing Decision Making Skill @ workplace

 Developing Decision Making Skill @ workplace 

(Emotional Management for Personal & Professional Growth Series)


One of the competencies a professional should develop is making decisions in personal and professional life.

Generally, some of the decisions we take quickly without much thinking and effort like which dress to wear, what to eat, etc. Because those decisions are routine and no risk. Some decisions are difficult to make as it calls for more thought-process and effort. For example, should i switch careers from one industry to another?  should i diversify my business now or later? Should we buy petrol or an electric vehicle?

We are stuck in making decisions when there is ambiguity in the facts/assumptions and unsure about the future consequences. Most of the decisions in a professional environment are complex and uncertain; how to develop decision-making competency as a leader?

Why do we need to develop decision-making competency?

From a personal perspective, we are getting confidence only through our actions. When we decide and take actions, that will boost our confidence to take higher decisions and actions. we are growing only through our choices and actions

From a professional perspective, when we are growing up, we are being paid to make the right decisions based on the set of data or assumptions. Managers and Leaders are meant for making decisions, either right or wrong.

"decisions followed by action leads to results either good or bad."

Whatever we are today due to the combination of various decisions we took in life in many instances.

 
For example,

i decided to attend one training programme in 2008 despite time and high cost, which transformed my career.
i took an impulsive decision in one of the investments, which affected me heavily on the financial front
i took a decision to reject a career change opportunity from manufacturing to IT consulting, which helped me in the long term with high returns 


Whether the outcome is right or wrong, we make some decisions, which shape us into what we are today.
 
You may relate your life and the decisions you have taken in many instances that positively or negatively impact your quality of life.
 
 In a professional setup, given any circumstances, how we develop decision-making skills depends on how we process the information and counter the consequences. It needs some awareness of ourselves and the decision-making process.
 
 Let us discuss some of the insights in the following weeks to get more awareness of the decision-making process.
 

  • Misconceptions on decision making
  • Why do we have decision dilemmas or hesitate to take decisions in a professional environment?
  • How to overcome the decision dilemma or hesitation?
  • Skills to develop on solving problems
  • Tools and Techniques that help you to make decisions easily
  • How to inculcate the culture of decision-making in the organization?

Have a great week ahead!

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