How to Make Successful Decisions [Steps to Know]

July 10, 2022

Last Updated Date: July 10, 2022

To be a successful person and to accomplish any goal you set for yourself, learning to make wise judgments is a highly vital ability.

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A poor choice won’t always ruin your life, but it can keep you from accomplishing your objectives or producing positive outcomes in all that you do. For this reason, you must prepare yourself mentally and have the necessary resources so that, whatever choice you make, you can be confident that it will be for the best.

Even successful people like Jeff Bezos and Robert Pattinson have made good choices in their careers, such as expanding Amazon and adding more services to his bookselling platform, and accepting the role of Batman in the newest DC film. However, even these people have made poor choices in the past like Twilight, even though they probably weren’t aware of how bad they were at the time they accepted them.

We all encounter the decision-making process without knowing what will transpire or what the results will be, which adds pressure and increases the likelihood that we may make mistakes or take too long and miss an opportunity. Harvard Business Review offers a useful approach for handling those situations, as well as a few important pointers.

How to make successful decisions

Don’t stay alone with your opinion

HBR expert Martin G. Moore stated in an article titled “How to Make Great Decisions, Quickly” that in order to make a better decision and do so quickly, you need to take into account multiple points of view in addition to your own.

According to the expert, it is a good idea to seek advice from those who can improve your approach and provide you with a fresh viewpoint. While this does not obligate you to follow others’ wishes, it might provide you some ideas about what to do in a given circumstance that you might not have considered otherwise as well as knowledge on the optimal course of action. prompted the need to make the choice in the first place.

Although you ultimately have to make the choice, having a variety of expert opinions can help you choose the optimal course and lower the likelihood that you’ll regret it.

A game of odds

You should strive to think about the potential outcomes of an action or decision, but with real data and information that you can quantify, according to Walter Frick, another HBR expert, who published in an article titled “3 Ways to Improve Your Decision Making.”

It’s also crucial that you make an effort to “future-proof,” which basically means considering what might occur after a decision has been made, potential outcomes, and potential directions. However, it is more about having information that enables you to know where what you intend to do can take you rather than focusing on the worst case scenario or succumbing to fatalism.

In addition, according to Frick, you should ask yourself, “How often does this happen?” and lower your sense of security a little. By doing so, you won’t lose faith in your judgment or yourself, but rather you’ll be more aware of your surroundings and less confident in your own knowledge.

Understand the cause

Last but not least, Moore advises that in order to make a quick and effective decision, you need consider both your goals and the circumstances that led you to that point in order to prevent repeating them. You repeatedly run across the same issue, which forces you to start the process over.

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