What is the most important Factor Influencing the Decision Making Process?

One of the most crucial tasks a business owner or manager is to perform is decision making. A lot of the same elements impacting decision making are in play in all aspects, from the simplest decisions to complex solutions that can make or break an organization. Decision making, regardless of the level, should be taken seriously.

Things that affect decision making

The assistant meets an administrator as she steps into her office. The assistant begins listing the tasks she has to complete before entering the office. The manager walks over to the coffee maker, and pours a cup of coffee. She then goes to her desk, still studying the list and takes off her blazer and sits down. After the assistant is done going through the list, she places it on the desk of the manager and leaves the office. The manager takes a sip of coffee, and then goes back to the list. She decides on which problems require immediate attention and those that can wait until later. Once she has decided on her priorities then she summons her assistant to her office to start executing her plan. To discover more info about make a decision, you have to visit 8 sided dice website.

Thinking and Decision Timing

Every action taken by the manager include considerations when making business decisions. She stopped to drink a cup of coffee before looking over the list herself, which shows the importance of being clear-headed in making decisions. Research shows that the best decisions are taken in the morning because serotonin levels rise. Managers are able to make better decisions when they tackle the list early in the morning.

Prioritize and Delegate

Prioritizing decisions is another important factor in decision-making. It is important to decide which decisions should be addressed urgently, and which ones should be put off until later, or perhaps a later time. It is crucial to pay as much attention as you can to the choices that have to be made promptly.

Managers determine which problems should be addressed first, and which can wait until a new employee arrives. This is called delegating. It's something which a competent decision maker makes use of. They know who in their employ is knowledgeable and experienced to make decisions that do not necessarily require her input. These issues can be addressed by the top individuals. This lets the manager to concentrate on more pressing issues.

Follow-up and execution

Once a manager has decision making to trusted employees, they is able to begin working on the issues that are the responsibility of her. Be sure to consider all angles of an issue before taking the decision is the most effective method to ensure that the solution will benefit all. Of obviously that not every decision will be popular with all, but a mutually agreeable decision is something that is the aim of any decision maker. Not taking all sides into consideration could lead to tension and create a negative working atmosphere. Take, for instance an organization that asks for a budget boost.

The staff in the department haven't been given any kind of bonus or raise in many years, despite the fact that their department has been crucial to the overall success of the business. Managers might take a examine the increase in budget and compare it to the overall budget of the business and decide whether the entire increase should be granted, make a counteroffer or completely refuse the request. If there is a counter or denial the manager must provide a rationale for the decision. "Because I'm the boss" is a poor response and is a lie.

While not every decision is essential, each decision made should be considered with care. Poor decisions can multiply and compound. People who aren't vigilant can make a bad decision that leads to several other bad decisions. What was once a minor problem can quickly become a major issue. To avoid this take a step back and think through all of your choices.