5 Levels of Decision Making

Written by J.T. Taylor, M.A.


Leaders make solid decisions and commit to seeing them through. Losers put off decisions and mess around with them once they are made. A key skill in becoming a successful leader isrepparttar skill of decision making. It is surprising how many people don't like to make decisions. They do all kinds of things to keeprepparttar 105071 moment of decision at arms length including: gathering more data, talking to more people, not thinking aboutrepparttar 105072 decision, fretting over whorepparttar 105073 decision might offend, worrying aboutrepparttar 105074 resources needed to pullrepparttar 105075 decision off, hopingrepparttar 105076 problem will go away on its own, etc. Good leaders developrepparttar 105077 skill of makingrepparttar 105078 best decision possible withrepparttar 105079 most accurate information possible inrepparttar 105080 timeliest manner. They are quick to decide and quick to take responsibility for their decisions - positive or negative. Successful leaders have learned that action is vital. They know procrastination kills. There live withrepparttar 105081 reality of consequences and know there will always be uncertainty in decisions. No one can see all possible ramifications; no one can predict every contingency; no one can absolutely prevent failure. Leaders know that failure is not final, ratherit is a learning opportunity. The real danger surrounding decision making is not "will I makerepparttar 105082 wrong decision" but "did I makerepparttar 105083 best decision possible givenrepparttar 105084 facts and circumstances". Strong leaders will always recover from poor decisions - they learn and become wiser. But losers mess around and miss opportunities. And once they finally make a decision, chances are their decision will have little momentum and no passion. In addition to a bias for action, good decision makers approach decision making with some foundational strategies. These strategies can best be summed up with three questions:

QUESTION # 1. Is there a potential catastrophic downside? Ifrepparttar 105085 liability involved is significant, and is even marginally possible, thenrepparttar 105086 decision is "no, go find other options." One ofrepparttar 105087 leader's most important jobs is to protectrepparttar 105088 organization. Exposingrepparttar 105089 organization to undue risk is never wise. CEO’s generally do this well. This is how they can make such quick decisions on complicated subjects. They simply look atrepparttar 105090 liability factor and if it is too great,repparttar 105091 answer is always a resounding “No.”

Action Point – Think of a significant decision you need to make. Ask yourself, “What isrepparttar 105092 worst case scenario if I approve this and it goes bad?”

QUESTION # 2. What isrepparttar 105093 cost/benefit ratio? Every decision is a trade-off between costs (usually company resources) and benefits (usually claims aimed at increasing company resources). Smart leaders userepparttar 105094 cost/benefit ratio to leverage growth and profitability. Good decisions are highly leveraged with low cost/high benefit. Poor decisions are high cost/low benefit. When leaders find low cost/high benefit opportunities (with minor liability of course)repparttar 105095 decision is, "Yes, let's do it."

Action Point – Take out a piece of paper and draw a T usingrepparttar 105096 entire paper. Titlerepparttar 105097 left side ofrepparttar 105098 T “costs” and titlerepparttar 105099 right side ofrepparttar 105100 T “benefits”. Now, list as many costs as you can think of that come withrepparttar 105101 decision. Dorepparttar 105102 same withrepparttar 105103 benefits. Next give a rating to each individual cost and each individual benefit. Rate them on a scale from 1 – 10. 1 represents a minor cost or benefit; something that wouldn’t affect things all that much, whereas a 10 represents a major difficulty (cost) or a highly desired benefit. Add up allrepparttar 105104 cost ratings and writerepparttar 105105 total, then add up allrepparttar 105106 benefit ratings. You should now have two numbers side by side. The number onrepparttar 105107 left isrepparttar 105108 cost factor andrepparttar 105109 number onrepparttar 105110 right isrepparttar 105111 benefit factor. These two numbers together are your cost/benefit ratio.

How About MANAGING Your Own PR?

Written by Robert A. Kelly


Please feel free to publish this article and resource box in your ezine, newsletter, offline publication or website. A copy would be appreciated at bobkelly@TNI.net. Word count is 995 including guidelines and resource box. Robert A. Kelly © 2003.

How About MANAGING Your Own PR?

It’s one thing for a senior manager to approve story angles forrepparttar publicity folks to use in shopping around for print and broadcast placements. Not an especially large amount of managing needed there.

It’s quite another matter, however, when that senior manager, withrepparttar 105070 best interests of his or her own department or unit in mind, actually overlooksrepparttar 105071 reality that people act on their own perception ofrepparttar 105072 facts, leading to predictable behaviors about which something can be done on his or her behalf. Then compoundsrepparttar 105073 error by failing to insist thatrepparttar 105074 PR people make a special effort to create, change or reinforcerepparttar 105075 perceptions of those external audiences whose follow-on behaviors really DO impact his or her unit.

That’s a bit of too bad because those two, core, public relations functions require hands-on managerial cooperation throughoutrepparttar 105076 organization if it’s to get its money’s worth. The two functions deserve first-class treatment because they help each manager targetrepparttar 105077 kind of stakeholder behavior change that leads directly to achieving his or her objectives.

Pretty important stuff!

What it says to business, association and non-profit managers is this: a key part of your job description is – or should be – do everything you can to help your organization’s PR effort as it strives to persuade important stakeholders to your way of thinking. And particularly whenrepparttar 105078 program works to move those stakeholders to behaviors that lead torepparttar 105079 success of your department and your programs.

In your own best interest, that means assuring yourself that your public relations program is actively MANAGED to that end.

Has anybody to your knowledge sat down and listed those external audiences whose behaviors could hurt your unit badly? Then prioritized them according torepparttar 105080 impacts they have on your operation? This is a necessary first step in creatingrepparttar 105081 right public relations goal for you. Here, in fact, is how public relations activity could proceed on your behalf.

Let’s take a look atrepparttar 105082 audience atrepparttar 105083 top of your target audience list. Because there could be negative perceptions out there, some of your colleagues will have to interact with members of that audience and ask a number of questions. “Do you know anything about our organization? Have you had any kind of contact with our people? Have you heard anything good or bad about us or our services and products?” Watch respondents closely for hesitant or evasive answers. And stay alert for inaccuracies, rumors, untruths or mis- conceptions.

The responses gathered by this kind of perception monitoring among members ofrepparttar 105084 target audience provides grist for your public relations goal. Namely,repparttar 105085 specific perception to be altered, followed byrepparttar 105086 desired behavior change.

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