So every one decides. Some are so successful with every decision. They seem to have a Midas touch, turning everything into gold.
While some of us, seem to make decisions which turn out to be wrong and we stick to them for irrational reasons.
Let me help you identify couple of ways to make a wrong decision. (or to avoid them)
You are an egoistic and know-it-all person i.e. You are Biased
You have experienced it first hand once or twice or may be more times or You have seen a friend doing it or worse you saw it in media. You only listen to ideas which conform to your thought process. You have learnt to ignore any other information which challenge your idea of success.Taking into account all facts and careful analysis hurt your ego very badly. Congratulations, you are here to make wrong decisions.
You are your own worst enemy when you wear ear plugs and blindfold all the time.
You are overconfident because you know the future(really?)
As you seem to know everything about future, so there is no need to do any scientific and logical SWOT analysis. It is for lesser mortals. Putting efforts into decision making is for some other person who does not know future. But you do, so almost no efforts.
You are egoistic and overconfident, so now you are trapped in yourself
Here is the part of sticking to wrong decisions. You continue to stick to your decisions though they stopped making any sense long time back, but your ego does not allow you to see it. Your overconfidence has trapped you in this cycle.
You believe that you can make it work by putting your money, time and efforts.
Or you can avoid all this by doing one thing
Just be a Normal Human Being
who requires data, information and knowledge to make a decision &
who is not afraid of asking for help.
Stuck with your decisions? We can help you identify gaps and challenges.
Impact of Wrong Decisions (& sticking to them)
Some of most famous examples
- Nokia and Android
- Yahoo and Google Story
- Apple V/s Microsoft
- Blockbuster & Netflix
- and many more…
Moral of the story: Decision making is an art and science. It is much more than gut feeling. It is going beyond your gut feeling and validating it with some data and information. Seek knowledge and apply. But decide, do not stop once you have confidence.
Honest Business Solutions is your success partner in Change Management. For a simple and meaningful discussion, call us or write an email at +91–99 71 71 84 87 and susobhan@honest.net.in
