When a decision is needed and the pressure is on, most business owners have the fear of making the wrong decision; most of us would rather have enough time examine the options and to totally understand what is needed.
Unfortunately, the luxury of time is not always available. As business owners we are expected to make a good decision even if there is little time to analyze the situation.
There are some positives when the pressure is on: I believe that you are more focused under pressure and your subconscious steps up and guides you in the right direction.
A better option is to look ahead and consider various potential eventualities. Keeping your nose to the grindstone is admirable, but every so often you have to step back and look at what lies ahead for your business.
Back to the issue, what is the best way to handle the decision making process when the pressure is on? The following are several suggestions:
- You always have the luxury of a few minutes. Close your eyes and take several deep breaths.
- Call your business coach/consultant and share your thought process. Sharing your thoughts with someone else will often help clear your thinking process.
- Focus on the single most important issue that will be involved in this decision. There may be irrelevant issues that will deter you from seeing the most important aspect that has to be considered.
- Don’t get overwhelmed. If you do, you may cloud up your mind as well as your decision-making ability.
Any decision that is reached, be it under pressure or over a period of time does not guarantee that it will be a “good decision”. Each decision has to be evaluated on a consistent basis and adjustments have to be made as necessary.
Things “turn out best” for the people who make the best of the way things “turn out.” Art Linkletter
Nick J. Petra CFP When you need someone to talk to contact me at email@example.com