Sunday, May 04, 2008

Decision making

Decision making is both an art and science. There're methods to adopt but in the end, in business, it's the leader's wisdom, 6th sense and experience to decide the next course of action.
i now believe that, in most cases, or 80% of the time, there's a reason for making certain decision. While the remaining 20% i would say that it's intuitive, gut feel or simply personal preference.

A great leader would listen to everybody, then distill them with his or her own ideas before deciding. And it's difficult to say what is a good decision or bad decision - it's judgmental. And only time or history can tell, maybe. I would say that no decision is worst of them all! 

So, regardless how difficult it is, you must learn to be firm and make a decision when time is up! And of course, if there is no urgency to make one, dont! Dont force yourself to make decision when there no need to.. another wisdom i've learned.  ;-)

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