On today's M&S Podcast show, we are speaking about decisions. Decisions can be from a business perspective or a personal reflection. Every day, we make decisions, good or bad or damn right ugly. At first glance, it may seem like an easy topic for a podcast episode, but it's the driving force behind all that we do. You know it's true - the decisions you make and the paths you choose can profoundly impact your future. So take the time to explore this concept more deeply - you never know what you might discover.
8 Step decision-making process
What did we learn from the mistake of a previous decision?
It is all too easy to make a great decision, and the outcome is exactly what was wanted; however, it only sometimes works out in the way we intended, and sometimes the decision is disastrous. If you have made many terrible decisions in business, let me tell you, you are definitely not alone. One way we learn from our mistakes is by deciding after the event what worked, because more times than not, a poor decision was not all bad; there would be some of the events that were all right, but the end result was not the intended success.
How do we learn for next time?
One of the best ways to learn from a previous poor decision is to make notes and decide what didn't work before, so you can do less and, on the other, what did work and do more. We are often away in the moment of triumph or defeat and forget the good and the bad when a similar event comes our way next time.
It's essential to take the time to reflect and think about your overall outcome. It's vital to be conscious and analyse yourself at the moment. Sitting on your hands and taking the time to consider the consequences of your decisions is invaluable. Taking this time to evaluate yourself and your choices is an essential step in ensuring you reach your desired outcome.
