Decision making and its impact 

  • By
  • July 4, 2022
  • Soft Skill
Decision making and its impact -

Decision making and its impact

It is very common to hear people saying that it is confusingly difficult for them to make decisions. As a matter of fact, everyone has to make decisions in their lives. These decisions could be pertaining to a very minor thing or could be related to a matter of life and death. Sometimes one may find himself stuck with making a petty decision like what to have for dinner whereas at other times the decision may have to do with something life-changing like which person to tie the knot with. 

A lot of people take their sweet time making the best decision. They utilize the time to collate more information or other people’s opinions on the matter. However, a few people rely more on destiny and luck while taking the decision, for example, electing one option by vote or by tossing a coin. 

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Decision Making – To put it simply, decision making is the action where one chooses between two options or among a number of options. This chosen option is either the answer to the next course of action or a solution to a problem. This choice can simply be based on gut feeling or may have a rational approach or both. 

Intuition – Intuition means trusting your instincts and going by what your heart is saying. It is also called ‘gut feeling’ by many. Although what generally people think about this ‘gut feeling’ is something spontaneous and supernatural, the reality is that it is correlated with our values and life experiences. Our perception towards things has got the role to play here. Therefore, it becomes necessary to check that if we feel a strong ‘yes’ or ‘no’ for something it should be based on some justification. 

Reasoning – Reasoning means taking into account all the facts, figures and statistics and making the decision based on that. The emotional feelings are not considered while reasoning. The feeling is overwhelmed by logic. Although reasoning is undeniably the most preferred and accepted way for making simple decisions, a blend of intuition and reasoning is considered to be the best approach for making decisions where nature is more complex and intertwined. The decision ought not be an impulsive decision. 

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Effective decision-making 

Be it a personal decision or a professional decision, it is supposed to be such which can be easily implemented and bears better results. If the decision has an impact on others also and they are also part of the process then one must convince them of the viability of their decision. The whole process of decision-making is to ensure that the decision has worthiness and is viable. 

Factors accountable for effective decision making 

Let’s look at the factors that are responsible for effective decision making following which we can be in a better position in making effective decisions. The are as below:

Insufficient information: If we do not have adequate information, we would be making a decision blindly. That would be baseless and illogical. Hence, it is crucially important that either we already have the details or we take some time to find and collect the data. Moreover, we should also take care that the process of information gathering is time-bound. 

Excessive information: The nature of this factor is exactly opposite of the above one. Sometimes, there is too much information about something. The data is so much that the lines get blurred to determine what is correct and what is incorrect. This makes it very difficult to make a decision with all our heart. 

A high number of decision-makers – One of the factors that make decision-making very strenuous is that there are too many people involved in making one decision. As it is obvious, every person has different perceptions, different views and different levels of wisdom. It, then, gets very time-consuming because every person is explaining and convincing the others why their opinion and their decision is correct. It causes a lot of confusion and chaos. Oftentimes, it also happens that a good decision turns into a bad decision because it was finalized very late. In such cases, people should not be waiting to get to the right decision as in such cases any decision is a good decision. 

Personal interests – Many times it has been seen that just because of some personal vested interests, a particular decision is deemed the best one whereas in reality it is not. It is a huge impediment and is always the cause of a bad decision. 

Absence of emotion – When the person making the decision has no emotional attachment with the thing, then making the person very puzzled. It is that the person does not care at all about that thing for which he has to make the decision for. Such a person who is not at all moved by the outcome of the decision is the worst possible scenario. 

 

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Fear from change – In many cases, it has been seen that there is a fear that things will not remain the same after the decision. The decision-maker can’t envision that change and wants to evade it. This factor influences the decision-making of the person and is often the reason of a bad decision. 

So, by taking care of all the above mentioned factors we can ascertain that our decision is an effective one.

 

Author:-

Amit Diwan

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