Elliott company

Derek Elliott – Common Mistakes you should avoid in Decision Making Process

Press Release   •   Nov 13, 2010 13:15 EST

It is better to investigate and examine all the factors. Some issues are too critical since they are urgent in nature. Thus a manager should develop the trait of being confident. A Bad leadership will end only in a bad decision. There are some common mistakes made by most of the people when it comes to decisions.

The important Mistakes to be avoided while making the decisions are,

1. Indecisiveness:
The indecisiveness is nothing but being in a state of unable to make a choice. You should avoid this indecisiveness state because it worsens the problem. Good managers should not only decide quickly but have to be more smarter.

2. Postponing:
When you get the opportunity of making decisions , don’t postpone them. The method of Postponing arises only when a person is under pressure and stops analyzing the problem. A time limit should be fixed for the process of information gathering, analyzing and selection of the course of action must be formulated in order to avoid those mistakes.

3. Failure of Reliable Information:
Generally, If you don’t have any access to reliable source of information about the problem, then you will not be able to make decisions and it may result in wrong rulings. Then don’t let other people’s opinion, without checking the accuracy of information. You should find some reliable sources of information in order to avoid the bad decisions.

4. Failure to Isolate the Root Cause:
Always you should differentiate the symptoms and its causes of the problem. If you do this, then you’re in a better position for finding the better solutions.

5. Bad Method of Analyzing the Problem:
Then identify, isolate and select the useful information which is quite sound and dependable. Build a model which incorporates and handles many variables for the decision making process. It should be desirable for you to define the objectives criteria and constraints as early as possible.

6. Not Implementing and Following:
After making the decision, you should not conclude with the same. Instead, it is just the beginning. Thus Implementing the decision is the true beginning of solving the whole problem. You should follow the rules in order to monitor the execution.

Thus by avoiding these small problems you can easily make a good decision for any type of severe problem in an organization.