15 Ways To Improve Your Decision-Making Skills
Effective decision-making is a valuable skill in any workplace. Having the ability to make a well-informed decision can help you become a more productive employee because it can save time and help you make better use of resources. In this article, we explore the definition of decision-making and how to improve your decision-making skills.
What is decision-making?
Decision-making is the act of making choices through the assessment of information. Hiring managers and recruiters desire decision-making skills in employees so they can contribute more effectively to the company. Employees face many decisions and options throughout the workday, so an employee needs to make effective decisions.
Here are some skills companies might look for that would show good decision-making:
Ability to compromise
How to improve your decision-making skills
Here are a few ways you can improve your decision-making skills:
1. Make a plan
If you know you have an upcoming decision to make, it can help to make a plan. For example, if you have to decide how best your team can meet a company sales goal, think about the size of your team and what their individual goals could be to meet that larger goal. You can also examine what resources and supports may help you and your team achieve their goal.
2. Be assertive
Try taking command of the decision-making process. You might try advising a group on the pros and cons of each choice and set time limits to ensure a quick and productive decision. This can help increase productivity in a group environment, and it might help everyone arrive at a decision quicker. You could also improve your strategy skills by guiding the decision-making process by telling the group information about your preferred choices.
3. Ask an expert
Getting an additional opinion can help validate the decisions you have and give you extra confidence in your decision-making abilities. You might try asking a local expert, or you can always ask a trusted friend. For example, you might ask a supervisor their opinion about the project you're working on.
4. Keep it in perspective
Try judging the value of each decision. Instead of using an extensive amount of your time debating smaller decisions, such as the font type for your company literature, focus your energy on larger decisions, like what your company's printing schedule should be. Keeping each decision in perspective can help you become more flexible and able to compromise.
5. Set deadlines
Set time limitations for yourself on each decision you make. This can help minimize how long you have to change your mind or think about deciding. You first might need to discover the importance of your decision. If it might have a large impact, you might need a longer time frame to decide, which can help you improve your time management skills.
6. Limit choices
The more choices you have, the harder the decision-making process can be. Limiting your choices can help you consider just a few options at a time so you make a more informed decision. Limiting your choices also might help you learn how to think critically when considering the remaining options. For example, when choosing a photo for your company's social media account, focus on images that tell your company's story most simply and get rid of ones that make a visitor have to think about it.
7. Weigh your options
Consider making a list of all the positives and negatives for each choice. This can help you examine all your choices and options in an informed manner. It might even help you think of additional items to consider. Laying it out in a list can help you look at your decision in a structured format and look at all the advantages and disadvantages objectively. This can help you improve your analytical, critical thinking and problem-solving skills.
Exercise can help your mind and body work together because it helps to stimulate your brain and boost your energy levels. It can also help improve your focus on decisions.
9. Get some rest
When you're tired, you're more likely to go with the easiest or most comfortable choice. This is referred to as decision fatigue. For big decisions, make sure you get a good night's sleep and are clear-headed when possible. If it's not possible, step back for 30 minutes and clear your mind before coming back to the decision.
10. Meet new friends
Having a wide variety of acquaintances can show you different perspectives or offer you valuable advice when you face a decision. Working with new friends and colleagues can help you improve your teamwork and active listening skills. For example, you might ask your coworkers how to approach a specific problem with a project. Some may not have encountered that problem, but others may have. By having more friends and acquaintances, you have more people to go to when you need help or trusted advice.
11. Try experiments
Experiments can help you test your decisions with scientific models. If you are unsure about a result or action, you could try creating an experiment similar to the decision you have to make to see what might happen. You can predict a hypothesis for the experiment and use strategy and research when coming up with your experiment protocols.
12. Learn and improve
Take lessons from the past and use them to improve your decision-making abilities. Previous decisions you've made can be helpful when considering a new decision. Try analyzing a previous decision and its outcome, and use that information as guidance in making a new, related decision.
13. Take a break
Sometimes taking a slight break can help you refocus. Try taking a short walk, enjoying a hobby or reading a book. Focusing on another task might give you a new perspective on your decision.
14. Work through a list
Prioritizing your decisions might help you improve your decision-making skills and time management skills. Make a list of items you need to accomplish or decide on, starting with the smallest decision. Working your way through the list can make you feel empowered and accomplished, and this can improve your confidence with decisions.
Training your brain by practicing decisions can help you decide more quickly in the actual moment. You might try practicing making simple decisions, such as whether you will use color or black ink to print a report. Once you feel confident with smaller decisions, you might try practicing some bigger decisions, such as which company to buy a copy machine from.
Explore more articles
- What Is the EBITDA Multiple Formula? (And How To Calculate It)
- How To Create a Demo Reel in 4 Steps (With Demo Reel Examples)
- 10 Financial Adviser Software (With Benefits and Features)
- The Labor Theory of Value: Origins, Meaning and Criticisms
- How To Create a Matrix in Excel in 5 Steps (With Tips)
- 26 E-commerce Marketing Tips
- 14 Degree Programs in Occupational Health and Safety
- 44 Coding Terms To Know (With Definitions)
- What Are Adjusted Funds from Operations? (And How To Calculate Them)
- What Is a Bargain Purchase and How Does It Work?
- How To Run an Online Brainstorming Session in 5 Steps
- How To Create a Media Kit