#Sound decisions how to#
#Sound decisions professional#

Developing the skill of sound judgment can help us manage our money better.īy exercising sound judgment, we will be able to resist the temptations of Facebook and Instagram ads and stay on track to achieve our predetermined financial goals. We often find ourselves grappling with decisions about spending and saving. Subscribe to our newsletter to receive custom-crafted content and tools to help drive sustained sales growth and generate B2B leads.Many of us struggle with managing our finances. It’s all we do, so we have the depth and breadth of experience to help your manufacturing company continue to grow based on both analysis and experience.ĭownload this guide as a great starting point. We specialize in B2B demand and lead generation for companies with complex sales such as manufacturers. Need help making strategic marketing decisions?Ĭontact us today to learn more about how Mezzanine Growth can help. We tend to agree, but know it is just as important to make good decisions quickly when possible. Many books speak to the effectiveness of making decisions promptly, the most famous of which is “Blink.” In it, theorists believe a bad decision made quickly is better than a good decision that comes too late.

#Sound decisions professional#

You wouldn’t choose to invest your money without properly researching or consulting a professional for his or her advice, so it makes no sense to also approach significant business decisions with facts and advice. Map out the steps that would follow your various options and what is needed to support each of your possible decisions-it will make it easier to decide which path to take, and what is or is not feasible.Īsking for help can also build confidence in your ultimate decision. If you struggle with making decisions, try making a plan to see how your options could play out. Some people struggle to make decisions because they are not prepared to tackle the consequences their decision will create, so they put decision-making off. Making a decision before you have the necessary facts can you leave you guessing making a decision too late, can often limit your options. Timely decisions need to be made in the right sequence.

Likewise, if your topic contains rare or hard-to-find facts, then finalizing your topic too late may limit your research capacity. You’ll likely revise what you want to share to cater to the needs of your audience once it’s confirmed. Using our speaking event as an example again, choosing your topic before you know who your audience is, could be a futile exercise. When making a decision too early or too late can negatively affect the outcome There will also be instances where timely does mean immediately. In this case, timely means, the most opportune or logical time to make a decision. It does not mean you must decide how the animation of your presentation should flow the moment you confirm the event date.

For example, if you are speaking at an event or hosting a webinar, it is timely to have your presentation prepared and rehearsed before your presentation time. Making timely decisions is a bit trickier

#Sound decisions how to#

Take the time to ask questions to figure out if the facts line up or are logical before deciding how to proceed. Validate assumptions and concerns and commit to getting facts before sharing what you’ve heard further or doing anything in response to them. They can fire up emotions and send a company into a tailspin if not handled quickly with sound reasoning. Rumours around the office can wreak havoc on company morale and performance. Sound decisions are based on facts, not assumptions, emotions or hearsay and must be approached logically.

Make sound decisions, and make them timely. Let’s start by breaking the concept into two parts. It doesn't mean it’s always easy to put into action. The premise behind this leadership principle is simple.ĭon’t let simplicity fool you.