Showing posts with label proactiveness. Show all posts
Showing posts with label proactiveness. Show all posts

Friday 12 August 2022

Checklist for better decision making

 

 
As we have been discussing "problem-solving and decision making" in the professional front for solving chronic issues, we have outlined some insights on data, analysis, converging to solutions, selling to others, and making the action plan. The next step before execution is timely decision-making.
 
I have observed in many organizations that despite the leadership teams being presented with data analysis and the approach to solving the problem, many managers/leaders struggle with indecisiveness.
 
Indecisiveness can be defined as the inability to take any decision or delay the decision despite given facts and knowhow.

The reason for indecisiveness is that we are stuck between emotional and logical bais.
 
Decision-making is one of the key attributes of effective managers/leaders. We need to learn to strike a balance between emotional and logical bias in the decision-making process.

One logical approach some effective people use is the checklist for making decisions.
 
The typical checklist will help you to think clearly and go with conviction with the decision.
 
Given below some of the checklists for taking business decisions for solving chronic problems
 
1.What is the decision's impact on Productivity, Quality, Delivery  &  Cost aspects of the business? (will give clarity on which one you are solving as a compelling issue)
2.How the decision will affect the people at the function and organizational level? ( give clarity on decision impact on small or majority of the people)
3.How this decision will help the customer at large?( will give more clarity and conviction as your purpose is higher than you )
4. What other alternatives I have for this decision? ( will help you to revisit your existing decision and to find something better)
5. Am I missing any aspects in this decision? ( final check on assumptions)
6. What is the impact of this decision in one year / three years down the line?( give clarity the importance or significant of this decision on time frame…if it is insignificant, why to break our heads now?😂 )
7. What are the opinion of the key stakeholders on this decision? ( to check the majority's pulse, sometimes others may be right !!)
 
 You may use the above checklists when you are in a dilemma in making important business decisions, as this helps you to overcome your emotional bias.
 
Have a great week ahead. 

Wednesday 20 June 2018

Being proactive and cool


In personal and professional life, everyone has some primary responsibilities which can be done only by self. When we do not execute the primary responsibility on time; the consequence may be more stress or pain. Also by nature, any delayed response will consume more time and energy.For example, 

As an individual, if you are not spending time proactively on taking care of your health, any way you need to spend time when you get sick.

As a business head, If you are not spending time proactively on planning your customer orders delivery at the beginning of the month, any way you have to spend at the end of the month in firefighting mode which more stressful.

As a leader, If you are not spending time with your team on developing, mentoring and teaching the skills, any way you need to spend time when they make costly mistakes in their execution.

As a parent, If you are not spending time with your kids during  childhood on values development, any way you need to spend time in future when they slip on the life values which is more pain

The point is that 
proactiveness is required at least on your prime responsibilities. Else, any reactive time spending would affect the quality of life. Hence, be aware of your prime responsibility and be proactive!