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FREE online courses on the Art Of Effective Time Management - TIME SAVERS - DECISION MAKING

 

Indecision, perhaps another name for procrastination, is the biggest thief of time, says Charles Flory. Why do

mangers prevaricate? Some insights:

1. I need more data/information

2. I am waiting for so and so to come

3. Let me think it over

4. We need another conference to deliberate

5. Such things take time

6. Let us constitute another committee

Causes for indecision may lie buried deep in an individual psyche, or be a conditioned response to environmental factors:

a.      Cautious by nature (training/motivation required)

b.      Zero mistake syndrome: “no decision, no mistakes – promotion assured”, [Organizational change necessary]

The faster the decision, says Frank Nun list, the faster it can be corrected if it is wrong. Applying Pareto's Principle, 80% decision can be taken straightway, only 9% requiring more information / accurate data. It is a myth that the longer it takes to arrive at a decision, the more accurate it is.

 

 

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