One of the most important tasks a business owner or manager must perform is the process of making decisions. The process of making decisions is affected by a variety of factors, simple or complex. Decision making, regardless of the scale, should be taken seriously.

Things that affect decision making

The assistant greets an administrator as she steps into her office. The assistant starts to write down the things she needs to complete before entering the office. The manager then goes to the coffee maker and makes an espresso. She then heads to her desk, listening to the list, and then takes off her blazer and settles down. After the assistant finishes reading the list, she puts it on the desk of the manager, and walks out of the office. After drinking her coffee the manager rereads the list. She decides on which problems must be addressed immediately and those that can wait until later. After deciding on the priorities then she summons her assistant to her office to start executing her plan. You may get more info about decision making by browsing d4 dice site.

Thinking and Decision Timing

All of the actions taken by the manager include considerations when making business decisions. She stopped to drink a cup of coffee before going over the list for herself. This highlights how important it is to be clear in making decisions. Research has also shown that better decisions are made in the morning because serotonin levels rise. When you tackle the list early in the morning, the manager stands a an increased likelihood of making good decisions.

Prioritize and delegate

Another factor in decision making is the importance of prioritizing decisions. It is crucial to determine which decisions must be made immediately and which can wait till later or an additional day. It is crucial to pay as much attention as you can to the decisions that must be made promptly.

Managers decide which issues should be addressed first, and which issues can be left until another employee is available. This is called delegating. It's something that a competent decision maker uses. Managers are aware of which employees have the expertise and knowledge to make decisions that aren't relying on her input. These issues can be solved by the top people. This allows the boss to focus on the more important issues.

Execution and follow-up

When a supervisor has decided to delegate decision-making to employees who are trusted, she is able to begin to address the issues that remain. It is recommended to take into consideration all sides of an issue prior to making any decision. Although not every decision will be a favorite with everyone, an amicable solution should be the goal of all decision makers. It can lead to a hostile working environment and a host of negative feelings if you don't consider all perspectives. Let's take an example: an organization is seeking an increase in its budget.

While the department has been a major contributor to the growth of the company however, employees haven't been awarded any kind of bonus or raise over the past several years. A manager might look at the budget increase and evaluate it against the total budget of the company and determine if the total increase should be approved or counteroffered or simply refuse the request. If there's a counter or denial the manager needs to provide a rationale for the decision. "Because I'm boss" is not a good excuse and a cop out.

While not every decision is crucial every decision should be considered with care. One of the problems with bad decisions is that they compound and multiply. Managers who aren't careful can make a bad decision that can result in a number of poor choices. What may have been a minor issue can quickly become a major issue. To avoid this take a step back and think through all of your decisions.