Steps you need to follow to make better decisions
As a small business owner you are given a lot of decisions to make on a whim and they aren't always the easiest decisions to make. You can often find that it is hard for you to make quick decisions but if you don't make them, your employees may start to lose their confidence in you. Making up your mind about whatever it may be is something that you do need to start working on even if it is not always easy. Here is a guide to help you learn how to make better decisions:
1. Identify the problem - the first thing you must do is to sit down and figure out what the problem is. You will need to be able to see how the problem will feed into other problems if you do not take the time to actually fix it. If you don't take the time to define the problem you may find that it is harder for you to solve the problem. As you define the problem you then need to create a goal for what you want to have happen. This goal setting makes a clear path for you to make a sound decision.
2. State the alternatives - your next step must involve stating what your alternatives are. You need to be able to figure out what you can do in the event that the problem cannot be solved head on. The alternatives will make it easy for you to have solutions that are clear. When you do this you aren't stuck with just one single outcome for the problem. Having several solutions does make it much easier for you to focus on the problem and to fix it correctly. As you are in this phase you really need to take time to do some research. Having more information can easily allow you to make a better decision and to make the right decision.
3. Evaluate your decisions - now that you have a list of solutions you want to start going over these solutions and figuring out which ones will work for you. It is important that you take the time to analyze them and to see what the advantage and disadvantages are for the decision that needs to be made. Give each decision a rating so it helps you to see which ones you really like and which one you know people will favor.
4. Make a decision - now you are at the big moment where you are making the decision. In this moment you will be telling your employees what the decision is and hoping they are happy about it. No matter how they feel, this is the decision and you need to be firm and stick to it. Support your decision with information that the employees can trust and rely on as it can help them to feel better.
5. Put it into effect - once the decision is made you need to implement it. This can take time but you need to get on it right away. Making the decision is one thing and it is another to actually carry it out. Create a step by step system for implementation of the decision because it can help your employees to understand it much better.
6. Track your decision - your next step is to then track your decision and to see what has been done right and what can be done better in the future. You need to track the decision as well to see what worked for you in the entire decision making process and if it did give you the results that you were expecting.