Sunday, March 5, 2023

Decision Making

 


What is your process for making decisions?

An effective leader makes decisions as a systematic process with clearly defined elements and in a distinct sequence of steps.

Peter Drucker described the sequence of steps involved in the decision-making process:

1️⃣Classifying the problem. Is it generic? Is it exceptional and unique? Or is it the first manifestation of a new genus for which a rule has yet to be developed?

2️⃣Defining the problem. What are we dealing with?

3️⃣Specifying the answer to the problem. What are the “boundary conditions”?

4️⃣Deciding what is “right,” rather than what is acceptable, in order to meet the boundary conditions.. What will fully satisfy the specifications before attention is given to the compromises, adaptations, and concessions needed to make the decision acceptable?

5️⃣Building into the decision the action to carry it out. What does the action commitment have to be? Who has to know about it?

6️⃣Testing the validity and effectiveness of the decision against the actual course of events. How is the decision being carried out? Are the assumptions on which it is based appropriate or obsolete?

What steps would you add?

***Link to the original article in the comments box below

Acknowledgment: post based on the article The Effective Decision by Peter F. Drucker
And infographic source “The Elements Of A Good Decision: A Decision Is Only As Strong As Its Weakest Link from keyneInsight

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