Decision-making is a process of choosing between possibilities that affect the future of the organization, the business itself, and its collaborators. Decisions can be daily or specific, taken at different levels of management, but they always bring some impact. While managers tend to dedicate themselves to the most strategic and long-term decisions for the Ecuador Phone Number List company or the marketing area, employees make more day-to-day and operational choices. The best decisions are usually those that are based on data and structured in processes to minimize the risks of the elections. Therefore, companies must plan how their employees must make decisions.
At the End of The Day, Decisions Are Directly Related to The
performance of the organization in the market and its internal productivity. Good decision-making sets the business on track. Strategies and actions become more precise and avoid mistakes that can lead to rework, loss of time, and financial damage. However, what the current market demands is the efficiency of companies, with increasingly smaller error margins. In this sense, it is also necessary to streamline internal processes. Many times, what happens in companies is an exaggerated hierarchy for decision making. In this way, day-to-day actions may miss the deadline if the closest person in charge does not take an action. A social media post, for example, can get stuck in the approval bureaucracy if it needs to go through multiple levels of decision, which can even include the business manager.
Many People Make Those Decisions Using Intuition and Others
make a list of pros and cons to make a better choice. However, few people complete the stages that we will show below and who can help make better decisions, not only in companies but also in their personal lives. See what those stages are and adapt them to the structure and needs of your business.1. Identification of the problem the first step in making decisions is defining what problem you need to solve. In most cases, the decision seeks to solve a business need, such as defining a campaign budget, for example. Correct identification of the problem is essential to avoid wasting time or getting out of focus when making decisions. It also helps to correctly visualize the choice alternatives, and then discover if the best decision was made.