Power of Decision Making!!!

Most of us would have felt at least @ some point of time in our lift about the wrong decisions made. But Is there a wrong decision?.

No, there is not. All decisions are right when you take the decision. You believe that the decision you have taken will yield the expected result. If you can predict that the decision you have taken will go wrong, then you will not have decided to go with it, rather you will take other decisions. So No decision is wrong. Feeling Good. Isn’t it?.

The decision taking happened before the event occurs. No decision is wrong unless and until you see the results of your decision not yielding what you wanted. Does it mean that all the decision I take will go right. No I wouldn’t. Then how do I take a right decision.

Is there a right decision?.

There is no “Right” or “Wrong”, rather it is the probability of the decision results. Instead of saying a right decision, say, the high probability decision for yielding the desired result.

Now figure out how you can increase the probability to yield the desired result. The decisions taken based on the visible parameters will have less probability compare to the decision taken considering even the hidden parameter.

How Do I know the hidden parameters?

You are walking into a shop to buy a shirt, you have seen multiple brands, and wanted to decide on one. To decide, you would ask questions like, 1. Does it have a warranty? 2. Why the cost is high when you get the same quality from other brans for lesser price 3. Will it face after the first wash, 4. Do you have discounts on the price?. If you are satisfied with the answer, you would buy the shirt. But after coming home, if you open the shirt, there can be damage or the threads were overlapping. Now you have to go back to the shop and exchange it and at times you can’t. This is a mere rework that takes extra effort, your time and money (fuel to go there) to go to the shop again.

So what is missing?. You haven’t considered the hidden parameter while taking the decision. Incase if you have asked is there a damage?. Can I open it and See it?. The shopkeeper would have either said yes or even would have said no, but after billing you can check it before you can leave home. So how do I figure out the hidden parameter?

One technique which I found efficient is “10 no focus questions”. Before you take any decision, you must ask 10 questions around the subject. It can be anything, no constraints, no focus, it can be any 10 question related to the decision. You can easily figure out first 3 to 4 questions. Beyond that you will struggle figuring out what to ask. That would enable you to think. Which would intern help you to increase the probability of yielding positive results on your decision.

I welcome your comments.