Tweet

A Formula for Flawless Decisions

Guest post by: Eric Douglas

Article Overview: A simple formula for flawless decision making, even for tough decisions.

A Formula for Flawless Decisions

During one of my workshops on decision making, the head of a large health care system asked me: "Don't you have some simple formula for flawless decision making, even for tough decisions?" I thought about it for a moment and wrote down three things on a flipchart: 1. Spell it out

2. Follow through

3. Communicate results

Over time, I refined this list, adding details to each step.

Step 1. Spell It Out

• Define the desired results

• Define the process, step by step

• Clarify roles and responsibilities at each step

• Write down expectations and a timetable

• Identify critical path issues

Step 2. Follow Through

• Monitor progress

• Keep people informed

• Address conflicts

• Make the decision

Step 3. Communicate Results

• Communicate the decision

• Explain the rationales

• Provide feedback on process and results

• Recognize people for their contribution

Not every decision will be made flawlessly if you follow these three steps. There are many judgment calls to make along the way. I am suggesting, however, that all flawless decisions must include these three steps.

Related Articles
  The Two Most Powerful Principles for Extraordinary Results
  Self Confidence
  Becoming a Decision Manager
  Residual Income Business Opportunity – The Formula for Success!
  Execute Rhythm in Six Steps with an Easy-to-Implement Strategic Planning Process
  What Is the Most Effective Quality Within Your Sales Team?
  The Trump Entrepreneur Initiative Blog
  Win More Sales by Returning to these 5 Basics with Flawless Execution
  Formula to Just Do It
  How to Surpass 95% of your Competition with One Simple Gesture
  The Perils of Perfection
  Be Do Have
  WHY ARE EMOTIONS IMPORTANT WHEN SELLING ANY PRODUCT OR SERVICE?
  Fuzziness is Rampant
  A Simple Formula for Consistent, Predictable Results
  9 Elements to Help Your Copy Connect with Your Ideal Customers
  Is Fear of Failure the Vibration You Feel Most Strongly?
  Do you know the Selling Process Formula?
  How do we get anything done?
  How A NICHE Market Strategy Approach Increases Sales

Article Tags: decision making, decision management, decisions, leadership, management



Related Forum Posts
Re: Books for the Entrepreneur - I like "A Whole New Mind" by Daniel Pink, and "Predictably Irrational: The Hidden Forces that Shape our Decisions" by Dan Ariely.
Sport: Formula 1 - Hi There, This year a new name arrived on the Formula One scene: Lewis Hamilton. He has had unparalelled success right in the first season of his racing career. There is just one race left and he stands to become World Champion. It is amazing. I used to watch the races in the past, now I tend to see the results and a little of the race. I think his driving colleague never anticipated for him to stand so often on the winners stage. Certainly his potential has been totally unlocked. Any comment about him from different angles. Kindest Regards Beat Mueller "Unlock People's Potentials!"
Racing car drivers - [quote:39rinmcm]This year a new name arrived on the Formula One scene: Lewis Hamilton. He has had unparalelled success right in the first season of his racing career. [/quote:39rinmcm] Car racing is not an activity I've ever gotten into... although rally car racing or "point to point" sounds kind of fun - I've never seen the point in driving around a circle 500 times... But, I'm always interested in people who do things well...especially when they're just starting out in their chosen profession. I'll check him out!
Re: Success - I study success intently, and would like to share: Here's two excellent and nearly identical success-formulas from a couple of the world's masters. FIRST FORMULA: 1. Passionate Desire 2. Clear, Definite Purpose 3. Committed Decision 4. Take Action In Faith (Bonus Secret Sauce: 5. Repeat Consistently) I made a video about this, but am not allowed to link it yet. Google "Ryze Success Steps" for it. Oh, and this is Napoleon Hill's (Master Of Success Laws)'s Formula. SECOND FORMULA: 1. Passionate Desire 2. Understand It Is Already Done (Faith) 3. Relax & Allow It To Unfold (Go about your life calmly) This one is courtesy of Abraham-Hicks (inspiration for the movie The Secret). Hope that helps!
Re: looking for experienced affiliate feedback - Affiliates will send you traffic and maybe pre-sell your product. Your job is to ensure the traffic they send converts well, so should have well optimized sales pages, with minimal traffic leaks, and be continually testing. You should also provide tools and ideas for affiliates to promote you. I am an affiliate (I promote other people's products) and drive a lot of sales for my partners. I expect good tracking tools/reporting from the affiliate (affiliate systems like clickbank are fine), I expect a decent commission, good communication from the affiliate program, and landing pages that convert. The trick if you run your own affiliate program is to reach out to successful affiliate marketers who have a large audience that they can push products too. Just signing up with clickbank or similar won't really help you. You need to go out and advertiser your affiliate program, and approach potential partners and sell it to them. Bear in mind successful affiliates get pitched to EVERY DAY so you will need to stand out. The course, Product Launch Formula will be really helpful for you.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Are You Too Good for Your Job?

Common Sense Stress Management

2011 Global Brand Trends Letter

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.