Greetings!
How Do You Make Tough Decisions?
A buddy and I were talking the other day about the business challenges so many people are facing. I have huge respect for my friend and we often get into very interesting and thought-provoking conversations.
He and I both own businesses that have seen their share of ups and downs. The question we were considering was how do you know when you are letting your pride or ego get in the way of a smart decision? When is it time to make the difficult call about a business expansion, reorganization, layoffs, closing offices, etc?
While this question may seem simple at first glance, I think we all find ourselves in business and personal circumstances that require difficult decisions. It is often challenging to find the right way to go and so often we are blinded by pride or ego. Consider those times in your life when your pride or ego clouded - if not blinded - your judgment. If you believe that has never happened to you, I suggest your ego and pride are probably in the way of answering the question.
I am not sure I have the answer, but here is what we came up with; perhaps it will help you as you face challenging decisions:
- Make sure to have really good, unbiased advisors!
- Consider the unintended consequences of your decision.
- Think about how long it will take to recover from your decision if it turns out to be a bad one.
- Keep in mind you can ALWAYS make another decision.
- One good opportunity can change everything.
Mike
Mike Staver, CSP
Professional Speaker & Coach
CEO, The Staver Group
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