A Framework For Decision Making

It is often far better to make a bad decision and learn from it than refrain from making one at all.

But there are frameworks to help you make better decisions, so you can make more good ones.

You can create a framework by identifying your priorities and discerning what aligns with those priorities.

Here are some common strategic priorities for businesses:
– Increase revenue
– Decrease costs
– Increase new business
– Increase existing business
– Increase shareholder value

Now when you have a decision to make you consider “How would this impact our strategic priorities?”

This is just one example of a framework that could help you make better decisions. What’s one you could use to help you make better decisions?

Photo by Tamas Tuzes-Katai on Unsplash.

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