Decision making impacts all aspects of our personal and professional lives. Understanding the factors that influence our decision making allows us to optimise the opportunity to influence these to achieve good outcomes in terms of:
Decision making is a complex activity that is influenced by multiple factors, both internal and external to the individual making the decision. These factors are outlined in the diagram below:
(Hint: clicking on the graphic will enlarge it for improved clarity).
Our capability and capacity to sustain the performance of good decision making consistently, accurately and within required time frames is influenced by the degree to which we invest in our Complete Wellbeing behaviours.
A good decision-maker chooses actions that give the best outcome for themselves and others. They approach the process with an open mind and try not to allow their own biases to sway them. They allow sufficient time to research alternatives and understand the consequences.
Good decision-makers involve others when appropriate and use knowledge, data and opinions to shape their final decisions. They can logically explain their reasoning for choosing a particular option over another.
Anyone can be a good decision-maker. Making decisions is an integral part of any job, whether you are in an entry-level position or you make important choices on behalf of your company as an executive.
Principles of good decision making:
Take some time to list your own decision making influencers – which ones are positive? Which ones have an adverse impact?
What are 3 things you could change to positively impact your decision-making capabilities and capacity?
Review our Decision Making Styles fact sheet. Which of these do you think is your predominant styles?
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