How can you make better decisions in less time?

Clarity is key in achieving anything in business or life. Once you have clarity you can then use a framework such as SMART structure to help achieve those goals.

I firmly believe that asking insightful questions is a valuable tool for improving decision-making efficiency. As my manager says, curiosity can be a powerful asset, and the more information we have, the better equipped we are to make informed and sound decisions. By actively seeking clarification and pursuing inquiries until we feel confident in our understanding, we can streamline the decision-making process and arrive at optimal outcomes quickly.

To enhance quicker decision-making, define your goal clearly upfront. Use the SMART framework (Specific, Measurable, Achievable, Relevant, and Time-bound) to align with values, focus on relevant criteria, and steer clear of distractions. This sets the stage for efficient decision-making.

Clarity of the business problem is the first step of decision making. The problems identified should be backed by data. Once the problem is identified, you can have the MCS ( Minimum Criteria for Success) for the hypothesis. This will enable us to keep our goals SMART - Specific, Measurable, Achievable, Relevant and Time bound)

To make better decisions in less time, start by clarifying your goals and setting a specific time limit for the process. Gather relevant information without overloading, prioritize decision criteria, and consider alternatives. Trust your intuition when it aligns with data, use decision-making tools, and seek input from others for diverse perspectives. Learn from mistakes, practice mindfulness, and delegate routine decisions to automated processes. Commit to decisions and take swift, decisive action to avoid procrastination. Striking a balance between thorough analysis and timely action is key for efficient decision-making.

Collect the info required from all relevant parties. Make sure you're gathering the data from all involved SME's and share the data with your team. Once you've gathered the data ,Start working on it , analyzing and evaluating. You need to define what's important and what's not. Get feedback and collaborate with others , as they can help you to achieve your goals.

This can be achieved through an effective business partnering model with my team with all the business functions within the company.

When we're clear, we make key decisions in less time for very specific intentions that make 1,000 other decisions happen seamlessly. Clear intentions ( having clarity )are how you beat distractions in a world of overstimulation.

To expedite decision-making, gather data, then brainstorm various solutions. Utilize decision matrices, pros/cons lists, or cost-benefit analyses to compare these alternatives based on specific criteria. This structured approach expedites effective decision-making.

For choosing the best option, you can use plus minus technique. In this technique you have to write pros(plus) and cons(minus) of each alternatives and compare them for guiding you to your final choice. This technique is very reliable and easy to imply.

You can take good and quick decision if your mindset is prepared to any situation that might arise within your organization. It’s all about being ready to start the race .

If you handled dilemmas in previous phases successfully , choosing the best option will go much faster. Think about how much time and resources every optional decision requires and to what extent and with how much certainty it meets your target. Don't forget that your decision should be alligned with Strategy and company policies.

The implementation of a decision is as critical as its conception. Preparing for and managing change is a key aspect. For example, introducing a new policy in an organization should be coupled with transparent communication, training, and a feedback mechanism. This holistic approach ensures that the decision is not just implemented but also embraced and integrated into the organizational fabric.

History records of success and failures based on your experience always make the difference for proper decisions. Also, reading other people/stockholders' minds and previous behaviors will assist in deciding the proper actions, and that's also requires an experience. Most of the challenges will become similar and repeatedly appear after 2 or 3 years. The point here is to always make records of history actions to have valid experience usage.

A great way to create a better future is by learning from your past experiences. As the saying goes, “Those who fail to learn from history are doomed to repeat it.” By taking the time to reflect on our choices and decisions, we can use our past experiences to make smarter decisions in the future.

Learning from your experience doesn't mean only to remember problems, dilemmas and solutions, but also to better get to know yourself and try to provide adequate conditions for yourself i.e. to be more prepared next time when you face similair situation.

During my time at Northumbria University, I was exposed to Reflective Practice, which is a journaling method that helps turn every experience into a learning opportunity. Here is how: What (Description) Recall an event and write it down: • What happened? • Who was involved? • What I did well? So what? (Interpretation) Take a few minutes to interpret the event: • What is most important / interesting / relevant / useful aspect of the event, idea or situation? • What questions I have? • How is it similar to/different from others? What’s next? (Outcome) Conclude what you can learn from the event and how to apply it next time. • What have I learned? • How can it be applied in the future? • What I need to change? • New ideas to try

Learning from experience is the cornerstone of evolutionary decision-making. Keeping a decision journal serves as a personal ledger of your decision-making journey. Regularly revisiting this journal offers a reflective space to understand the dynamics of past decisions, learn from them, and apply these lessons to future scenarios, thereby continuously refining your decision-making acumen.

If you want to make decisions in less time you should have someone to guide you like a guru or a mentor. गुरु बिन ज्ञान न उपजै, गुरु बिन मिलै न मोष। गुरु बिन लखै न सत्य को, गुरु बिन मैटैं न दोष।। कबीर दास जि कहते है – हे सांसारिक प्राणीयों। बिना गुरु के ज्ञान का मिलना असंभव है। तब टतक मनुष्य अज्ञान रुपी अंधकार मे भटकता हुआ मायारूपी सांसारिक बन्धनो मे जकडा राहता है जब तक कि गुरु कि कृपा नहीं प्राप्तहोती। मोक्ष रुपी मार्ग दिखलाने वाले गुरु हैं। बिना गुरु के सत्य एवम् असत्य का ज्ञान नही होता। उचित और अनुचित के भेद का ज्ञान नहीं होता फिर मोक्ष कैसे प्राप्त होगा ? अतः गुरु कि शरण मे जाओ। गुरु ही सच्ची रह दिखाएंगे।

I find the Eisenhower Matrix invaluable. It categorizes tasks into: 1. **Important & Urgent**: Address immediately as they're critical. 2. **Important but Not Urgent**: Schedule for later to plan efficiently. 3. **Not Important but Urgent**: Delegate or streamline these. 4. **Not Important & Not Urgent**: Minimize or eliminate, as they're often distractions. This approach streamlines decision-making, focusing on essential tasks. It’s a great tool for efficiency in both personal and professional life. Happy to discuss further if helpful!

Use frameworks and mental models. Most of the time we find similar decisions that respond to a pattern, and has been solved before. Here is where mental models come in. Once you think in that way is much faster to take a decision. Then there are your principles, which should be your foundation to take decisions. If you have them clear is much faster to benchmark your decisions against them and decide whether makes sense or not.

Making good decisions in a short time can be challenging, but there are several strategies that can help. • prioritize your options. Make a list of the potential options, and rank them in order of importance. This can help you quickly narrow down your choices . • Learning from others' experiences. • analyze data and information. • Trust your instincts. Sometimes, the best decisions are made when you listen to your gut and make a decision quickly, rather than overthinking it. • Finally, it is important to be confident in your decision. Once you have considered all the relevant information and have made a decision, trust in your choice and move forward.

Given you are short on time, it is likely you won't be able to deploy frameworks. You can follow the steps a. low-impact decision - use your core goal or 'North Star' metric to make the choice b. high-impact decision - can you make a decision that buys you some time? more often that not you might actually have that liberty