Fundamentals of Decision-Making

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Chocolate or vanilla, business or biology, To date or not to date. Some choices in life are easier than others, and some can be virtually paralyzing when considering their impact—such as a significant move, a new relationship or a job change. Leaders do not make decisions until they consider their costs and impact.

Essential Questions To Ask In Decision Making:

  • What will the cost be?

The amount of money involved in the decision is important, but cost is not exclusively monetary, cost also includes the amount of time spent on a particular activity. This is especially important in business, where time is money. Remember to consider the time-cost benefit when deciding, or money and time will be wasted.

  • How will it affect others and me?

The impact on other people as well as yourself is important to consider before you make the decision. Will the decision affect others positively or negatively? Will my family benefit or suffer from the decision? You are not the only one impacted by your decision; therefore the consideration of others is needed when deciding.  For example, a big move away from the family might not be worth the changed relationships that follow.

  • Will it contribute or detract from my other objectives?

Is the decision going to actively contribute to the fulfillment of your goals and objectives? Will the decision help me accomplish my goals or cause a costly delay? Considering the direction of your life in relation to your personal goals is needed when making a big decision.

  • Will it compromise my convictions?

If a decision directly violates your set beliefs and convictions, (when pressured by others) then the right decision should be obvious. Peer pressure (or family pressure) is sometimes helpful, but more often—foolish. The distinction between advice and pressure from a person comes when you know that they desire your personal fulfillment

  • Am I reluctant to seek advice?

If you shy away from helpful advice from key people, then you are probably being selfish with making a decision that will definitely affect not only yourself but others as well. Seed advice from trusted sources.

Leaders who make decisions make or break companies. Tarheel Imaging and Microfilming is lucky to have a strong, family business that has stayed in the family since its inception in 1990. Founded by Clyde Green, the company is now run by his daughter Libby Lambeth, who has grown the company because of the efficient, yet family feel that attracts many. “Our entire company was built on trust”, explains Libby, “we have always viewed our customers as an extension of our family, a family where we honor our commitments, we stand by our word, and we serve as a trusted partner in achieving our customers’ objectives.” Wise decision-making is an essential leadership skill that Tarheel Imaging and Microfilming has skillfully exhibited for the past 22 years.