Prepare to Make a Decision
The smartest business decisions start with careful preparation. There are valuable actions a manager should take to lay the foundation for an upcoming decision.
A manager may need to make some business decisions. For some decisions, one might need to assemble a diverse group of people to help - because a team of individuals with different perspectives is more likely to generate a variety of thoughtful ideas about the decision at hand than individuals with the same background. When a manager works with a team to make a decision, he or she should start by defining the roles and responsibilities of people who will be involved.
Taking a process-driven approach to decision-making has advantages. Understanding that decision making is a process that unfolds over time can lead to broader acceptance of the decision - and to more effective implementation. Managers who recognize decision making as a process increase their likelihood of making more effective decisions, because by taking time they are able to identify and assess the issues associated with making the decision. By involving others, they weigh different perspectives and deepen the discussion. Perhaps most important, taking a process-driven approach is more likely to lead to broader acceptance of the decision—and to more effective implementation.