Do you realize that every day you have the
power to dramatically influence your world? In fact, you do it
every day whether you’re aware of it or not. I’m referring to the
countless decisions each of us makes every day in our professional or
personal lives. Every decision you make affects the quality and
direction of your life to some degree. Some decisions we make l
have more neutral consequences while others have a profound
impact. Think about your life experiences: wouldn’t your life be
radically different if you had made different decisions? Even
small decisions can have a major impact on your life if measured over
the course of several years.
Think about all the decisions you make
regarding your business just in the area of marketing alone: What
is my unique selling proposition? How do I most effectively
communicate that? What are the best marketing strategies to
employ? How much money should I invest in advertising?
Should I specialize into a more focused niche? If so,
which area? What is the most efficient system I can use to follow-up on
leads? There are an endless number of examples we could examine
which will affect our professional and personal direction and
future.
Reasons For Not Making Decisions
So, if decisions have such a powerful
influence in our lives, why do we tend to put them off? Here are
three reasons I have observed in working with my coaching clients:
1. Fear of Failure
You may be
afraid of making the wrong decision, so you resolve this by not making
a decision. We’ve been taught in school to avoid making mistakes–
instead we should strive to be perfect. But don’t we learn much
more from our mistakes than we do from being “perfect”? Show me
someone who has not failed and I’ll show you a person who has not taken
a risk. This isn’t to say that we should go around making
reckless decisions. We just want to be aware of how fear of
failure can prevent us from making decisions at all.
2. Uncertainty About The Consequences of Making the Decision
In the
same vain, you may put off decisions because there is a belief that a
decision shouldn’t be made until you’re certain it will work out.
The truth is that decisions are made based on probability, not
certainty. For example. when you decide to hire a new
employee, there are no guarantees that it will work out. There is
only so much interviewing and background checking you can do and then
you must make a decision. If you wait until you’re certain, it
will be too late.
3. Information Overwhelm
These days
almost everyone is busier than they would like to be. We are
deluged with information constantly thanks to the internet, e-mail,
voice mail, fax machines, etc. Then when we are pressured to make
decisions based on all of this information that surrounds us, we often
don’t know where to start.
The Cost of Not Making Decisions
So what’s happening when you avoid making
decisions? You are probably associating more
pain to making the decision than to NOT making the decision. If
I’m afraid that my decision may be the wrong one, it probably feels
much more comfortable not making the decision or at least putting it
off as long as possible.
The problem with this line of thinking is that
we’re not factoring in the cost of not making the decision. But
the truth is that no decision is a decision! Just as
deciding has consequences, not deciding also carries a future
result which could be even more detrimental to your business. You
can probably think of key opportunities you missed out on because you
waited too long to decide to act. The timing of the decision can
be just as important than the decision itself.
Six Steps To Effective Decision Making
In order to overcome the challenges of putting
off decisions, it’s helpful to have a system or process for making
complex decisions. In his audio program, “The Time Of Your Life”,
Anthony Robbins provides a six-step process to effective
decision-making:
1. Get Clear On Your Outcome(s)
What is
the specific result you are after? Why do you want to achieve
it? Get clear on your outcomes and their order of importance to
you. Be as specific as possible.
2. Define Your Options
Brainstorm
all of your options, including those that initially sound
implausible. There is a principle that says you need at least
three options before you make a decision. The rule works as
follows:
One
option is no choice.
Two
options is a dilemma.
Three
options is a choice.
Make
sure you give yourself true choice. Also, remember to include
“doing nothing” as an option.
3. Identify The Consequences
What are
the upsides and downsides of each option? What will you gain from
each option? What will each option cost you?
4. Evaluate
Weigh the consequences of each option. Review your
options and evaluate each of their upsides and downsides.
· What outcomes are
affected?
· How important is each
upside / downside in terms of meeting your outcomes (on a scale of
0-10)?
· What is the probability
that the upside / downside will occur (0-100%)?
· What is the benefit or
consequence if this option were to actually happen?
After
completing this stage, you will be able to eliminate some options from
your list.
5. Mitigate
Review
the “downside” consequences for each of your remaining options.
Then brainstorm alternative ways to eliminate or reduce the downside.
6. Resolve
Based on
the most probable consequences, select the option that provides the
greatest certainty you will meet your desired outcomes and goals.
· Select your best option
and strengthen your resolve to make it work.
· Resolve that no matter
what happens, this option will give you a win.
· Design your plan for
implementation and then take massive action in order to attain your
outcome.
Now that you have a
system, get out there and make the decisions that lead to timely action
for success!
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© 2004 David C.
Miller. All Rights Reserved.