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Decisions Decisions…

By |October 7th, 2013|Leadership, Online Short Courses, Qualifications, Qualifications Advanced Diploma, Qualifications Certificate IV, Qualifications Diploma, School of Business, School of Civil, Construction, Mining, School of Corporate Governance, School of Leadership, School of Local Goverment, School of Online, Distance, School of Project Managment, Schools, Shortcourses, Soft Skills|

"The best way to make a decision is to do your worrying before you place your bet. In other words, do everything you can to first make sure the right decision is made. But once you've made that decision and execution is the order of the day, then stop worrying and fretting about the outcome." (James Van Fleet in 'The 22 Biggest Mistakes Managers Make'.) Make it easier to decide Most of us are faced with hundreds of decisions a day and the choices we make can affect our lives and others' lives, too. Consider these steps to make the decision-making process less traumatic: Frame the 'question' requiring a decision positively. In their book, 'Decision Traps', Russo and Shoemaker noted that, when managers were told that a certain corporate strategy had a 70 per cent chance of success, most favoured it. But when the strategy was described as carrying a 30 [...]

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How to Become a Better Decision Maker

By |October 4th, 2013|Leadership, Qualifications, Qualifications Diploma, School of Business, School of Corporate Governance, School of Leadership, School of Local Goverment, School of Online, Distance, School of Project Managment, Schools, Shortcourses, Soft Skills|

Decision-making is an inescapable task for managers. In the eyes of staff members, it is the managers who must take the final responsibility for decisions. Each year they make literally thousands of them, large and small. In the end, the quality of those decisions determines the success of a manager's efforts. If you want to become a quality decision maker, particularly when the 'big' decisions count, these guidelines will help... 1. Adopt a systematic approach. Decision making is actually part of problem solving: there would be no decision to make if there were no problem to solve. Decision-making is that component of the problem-solving process that follows analysis of the problem and is followed, in turn, by action to carry out the decision. The problem-solving process outlined in the previous topic could well be used in arriving at major decisions. 2. Focus on important decisions. Try not to spend too much time [...]

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