I wrote about the Win-Win Exercise earlier today and it reminded me that I have three other decision-making tips I use on a regular basis.
These are techniques I use when there’s a real close call (“50-50″ so to speak) to make; they are often the most important decisions you’ll make.
So I’m putting all four decision-making tips here for easy access…plus I also remembered that I have this really cool illustration (below) that my nephew did for the topic!
If it’s a really tough decision on whether to take action or not take action, it is often the tougher decision that turns out to be the right one.
For instance, if I have been dwelling about letting go of an employee who is under-performing, I have ALWAYS found that the right move was to let them go.
The reason I don’t immediately make that decision is because it’s the tougher one to make and so I drag my feet a bit.
Or, when I was single, I was often given the choice of going out to a social event versus staying home for a quiet evening: staying home was the easier route to take but it wasn’t going to find me a girlfriend (an important goal at the time!).
The tougher choice (showering, putting on some nice duds and traveling to the social event) was really the right call.
I think we can all benefit from Robert Frost’s advice for life in general:
“I took the road less traveled by, and that has made all the difference.”
I use the Win-Win Exercise when there are enough variables at play in a decision that it’s worth jotting them down into pros and cons.
It’s not a simple pros and cons exercise: go check it out as it’s got a surprise twist that enables you to get the best of both worlds in the decision you make.
If you have a decision about two actions to take, and a spirited debate can be made for either side, Eugene Kleiner, a venture capitalist, had a great rule of thumb:
“Either action you choose is likely going to be ok (hint: so don’t beat yourself up over which action to take).”
So, in that case, basically, flip a coin!Tweet 1 Comment