Decision Making Pitfalls

When it comes to decision-making, we are all predictable creatures of habit. We glean information from the world around us, and then color it with our own perceptions. Sometimes our feelings and internal dialogue lead the way more than the facts at hand. Set a higher standard for decision-making by recognizing these common traps, and avoid getting stuck in them.

Trap #1: Going with the first thing you hear. Making a decision based on incomplete information may lead you down the wrong road. Be sure you have examined all avenues and possibilities before you commit. Remember: Sometimes the solution that at first seems outlandish may in fact lead to greater success.

Trap #2: Letting your own views block vital information. Sometimes we listen with an open mind to what others have to say. At other times, we hear only what we want to. Avoid influencing others when you ask for opinions, and don’t be too hasty to reject information due to a knee-jerk reaction. Gather information objectively.

Trap #3: Sticking with what’s familiar. Your comfort zone is just that — comfortable. You may make decisions that keep you firmly entrenched in the status quo. Recognize that change is a part of business and of life. Re-examine your work to see what could be done differently.

Trap #4: Making up for past errors. Don’t let the fear of making a mistake or the desire to atone for past bad choices lead your decision-making process. See errors as a chance to learn and grow. Use each decision as a chance to start fresh and use everything you have learned to move forward and achieve success.

Nobody’s perfect: Employees look to management for direction, but they also respect leaders who acknowledge shortcomings. Be decisive and stand by your decisions, but don’t be afraid to admit when you are wrong.