Non Resident Indian Business Forum

Non Resident Indian Business Forum

Posts 1-8 of 8
  • Amarendra Dhiraj
    Amarendra Dhiraj    Group moderator
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    How can I become a more effective decision maker?
    Making decisions is the most important job of any executive. It’s also the toughest and the riskiest. Bad decisions can damage a business and a career.

    Tendencies to stick with the status quo!

    To look for evidence confirming one’s preferences!

    It’s hard to admit making a mistake!

    Most businesspeople treat decision making as an event. whether they’re sitting at a desk, moderating a meeting, or staring at a spreadsheet.

    Decision making is not an event. It’s a process, one that unfolds over weeks, months, or even years.

    This classic- popping out of a leader’s head, based on experience, gut, research, or all three.
    • 27 Sep 2007, 1:54 pm
  • Aditya Nandwana
    Aditya Nandwana
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    Re: How can I become a more effective decision maker?
    Whatever the outcome may be, there is no room for regret after making a decision.

    IMO, decisions should arise from both experience and research - idea's popping out of a leader's head still require backing, which ultimately points to these two factors.
    • 27 Sep 2007, 2:14 pm
  • Ezilarsan P K P
    Ezilarsan P K P
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    Re^2: How can I become a more effective decision maker?
    Take in confidence your peers suggestion before making any decision would be wisest decision making process.
    • 27 Sep 2007, 2:32 pm
  • MICHAEL ABIONA
    MICHAEL ABIONA
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    Re^3: How can I become a more effective decision maker?
    What so ever the outcome may be, there is no regret after making a decision.
    • 27 Sep 2007, 3:05 pm
  • Amarendra Dhiraj
    Amarendra Dhiraj    Group moderator
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    Re^4: How can I become a more effective decision maker?
    Since usually action has no guarantee and you would by no means know that your decision would be incorrect until you have made it, then you might as well take the risk and decide.

    It is definitely better than keeping you in limbo...........
    • 27 Sep 2007, 3:42 pm
  • Vinay Ganatra
    Vinay Ganatra
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    Re^5: How can I become a more effective decision maker?
    Do what you have to. Even after pondering over the decision we do have to either AYE or NAY, so why not take as it comes citing the immediate positive outcomes.

    Cheers
    • 28 Sep 2007, 10:57 am
  • Syed abdul Munim
    Syed abdul Munim
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    Re^6: How can I become a more effective decision maker?
    Before taking any decision,ask your subortinates suggetion definitely you will get the right answer for your vision.
    • 29 Sep 2007, 12:35 am
  • Amarendra Dhiraj
    Amarendra Dhiraj    Group moderator
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    Re^7: How can I become a more effective decision maker?
    5 W’s: what, who, when, where, and why.

    I think it might help.
    • 29 Sep 2007, 4:20 pm