Hands on Management: Decision Making
Learning How Make Great Decisions
We all make decisions every day - shall I get up when the alarm goes off, or stay in bed another 10 minutes; do I want cereal or a cooked breakfast; do I want to walk or get the bus?
Whichever decision we make there is an associated negative and positive impact. The decision may be a ‘gut reaction', but the consequences will have had an effect on that final decision.
Deciding what to have for breakfast is not good training for business decision-making! In business decisions can be far-reaching in their effect and that makes it really important to make good decisions.
Sound decision-making is a useful skill - however, it does not guarantee that your decisions will always be right! Robert Townsend, who launched the car hire giant Avis, reckoned he made a good decision once out of every three times!
Given that he is considered to be a very successful businessman it gives the rest of us some hope, and reassurance when we find we made a poor decision.
This e-book/workbook is designed to give you some tools and guidance on scientific decision making so at least you can be sure that you did everything humanly possible to make a good decision.
The benefits of learning how to make good decisions will ensure that:
- Your decisions can be justified and explained
- By using a strong process, you will achieve more consistent
outcomes, which is the sign of a good manager
- Other people will understand why you made the decisions
you did and will argue less
- Understanding creates trust and commitment so those people who will be involved with taking action on your decisions are not going to be half-hearted.
- People will learn to trust your judgement in future decision making situations
If you are a person who wants to be more confident in your decision making abilities, then this book will:
- Help you understand the different decision making styles
- How to make decisions in groups
- Give you decision making tools
- Information on how to assess risk
- How to hone your decision making skills
If you think you don't need this book, then think about the old adage ‘when I make a good decision no-one remembers, when I make a bad decision, no-one forgets.'
How do you want your decision making to be remembered?