Decision Making Requires Facts

decision making

It happens very often. Something goes wrong with a project. The results that were expected don’t come in. Still, a business keeps putting good money into a bad project because the people in charge believe in it. Even though it’s great to have faith, decision making needs facts.

When you have both emotional and financial ties to a project, it’s hard to evaluate it in an unbiased way. Without that objective review, these projects can go from being a minor failure to a huge waste of time and money. How can you make sure an evaluation of a project is done right?

  • Leave the project alone: Think about what’s going on as if it were happening to someone else. Would you tell someone else to do what you’re doing if you weren’t doing it yourself?
  • Ask for help: If you’re too close to a situation to look at it objectively, ask someone else to do it for you. Pay attention to what they say and think about it.
  • Don’t take it personally. It’s okay to fail, as long as you figure out why and keep going. Even though the project didn’t work out, that doesn’t mean you are a failure. Don’t see it that way.
  • Take feelings out of the equation and stick to the facts. You’ll get rid of work faster that isn’t getting you anywhere, and you’ll be more successful overall.

See how a Modern Observer Group coach can help you improve your decision making, schedule a call here or contact us at the information below. Modern Observer Group programs are based on the Businetiks system as detailed in the book, “The Businetiks Way.”