I assure the reader
that I am not going to propound a complex theory I came across in management
circles. One of the worst investments I ever made in life was to buy a book
called "decision making" .
It was utterly
useless - not only did I spend a good amount of time trying to understand the
parameters , I didn’t find one useful place in life where I could apply it !
Ever since then , I
have been trying to figure out a way to simplify the PROCESS of decision making
, and here are my thoughts on the same ..
Taking a life
changing decision is a painful process (much more painful than living by a
decision you made !) . Usually , when we have to take a decision within a fixed
time , we walk around with the heavy
burden on our shoulders , brooding , taking advice from people , and yet not
fully satisfied with most of the advice .
And even though we
get good practical advice (hopefully) , in the end we end up doing our own
thing . And later in life , we may sit and ponder -why did I take so and so
decision ?
I propose here the approach I took personally
to take one of the major decisions in my life .
- One needs to have a clear cut choice between various options available - ie - I should either stick to choice A , B or C .
- Identify the factors on which to base your decision.
- Break down the main factors into sub set of criteria - this is very important . You need to know what criteria to base the decision on . Society places a lot of importance on "practicality and future planning" . Often , we are advised to "not be emotional" while taking a decision.
I disagree . For a wholesome individual ,
emotional satisfaction cannot be sidelined just because
other factors are "practical"
other factors are "practical"
- Based on the criteria , give a personal weightage (numerical value 1-10) to either A,B or C . I stress on the "personal " part because no matter how much advice u get from anyone - you and only you can determine the weightage YOU give to a criteria .
- Add up the weightages and whatever option has the highest weightage , go for it !
An example:
Confusion :
Should I stay in a
PG or stay in a rented room with friends ?
Factor 1 : Financial
and logistics
Weightage to PG
|
Weightage to
rented room
|
||
Costwise , PG is
cheaper
|
3
|
||
If I stay in a
room , I need to take care of domestic issues like cleaning , cooking etc
|
5
|
||
My parents etc can
come and visit if I stay in a room
|
4
|
Factor 2 :Emotional
Weightage to PG
|
Weightage to
rented room
|
||
I can stay with
friends
|
9
|
||
Freedom to come
and go as I choose
|
7
|
||
I may feel safer
in a PG (more company)
|
4
|
Conclusion :
Total PG weightage =
3+5+4 = 12
Total Room weightage
= 4+9+7 = 20
Rented room wins ,
no questions asked !
One of the best
advantages with this approach is that - I can actually document the major decisions of my life !!
I am assured in my
mind that I take a logical approach to take decisions (logical , not
"practical" , which means I account appropriately for emotional
factors ) . And years later in life , if I choose to , I can trace back and re
assure myself that whatever I decided was purely logical to me at that point of
time :)
One of my friends
came up with a profound thought when I described this complicated
procedure " You would have already
decided in your mind . All these processes are only to bring it out and justify
your decision" !!
My purpose of
putting this out in my blog is a hope that it helps others "decide how to
decide" !!!
I would love to hear
feedback and comments , and know whether this is as useful to others as it is
to me :)
-Deepika