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.  ;-)

the power of principles!

In our daily lives, we wonder why at times we cant make swift and good decisions. Worst, we somehow are not consistent in the reasoning leading to the decisions.

Most of the time, we need to make quick decisions. Other times, especially big decisions, we need more time to digest the information and think thru..

We can definitely improve our decisions making.. for both big and small decisions!

The solution is quite simple - we just need a good set of principles!

Developing a set of principles takes time. To jump start, you may first adopt someone else's principles.. usually from some books of wisdom or from a wise man.. ;-)
Over time, you will develop your very own set of principles.. take your time, but dont take too long.. ;P