Decision Shortcuts Short-circuit the thinking process when necessary
–Decide Now – you have to make a decision in time for it to be implemented. Do not wait for perfect information if delay will impact performance. The worst decision can be no decision at all.
–Look at each option and consider how they would impact your key performance measures. Then consider how suitable the options are and how acceptable they are to those involved.
–If there is no time to adopt an analytical approach, use the VSAFE method
V – Value – check option aids objectives
S – Suitable – check option fits strategy
A – Acceptable – check option is acceptable
F – Feasible – check option is achievable
E – Enduring – check option is long-term
–Try the coin toss method. Toss a coin. As you flip it up in the air, notice which side you hope for. When it lands, notice your reaction to the decision. If you are happy with which way it landed, you know you have made a satisfactory decision. This is crude, but effective for relatively unimportant “either-or” decisions.
Some of the decision making techniques that we use in everyday life include:
–listing the advantages and disadvantages of each option
–flipping a coin, cutting a deck of playing cards, and other random or coincidence methods are great decision shortcuts if the decision doesn’t mean much
–accepting the first option that seems like it might achieve the desired result (see satisficing)
–tarot cards, astrology, augurs, revelation, or other forms of divination acquiesce to a person in authority or an “expert”