Our Way to Decision Making Prepared by: Gerlie P. Bravo Decisions Are Inevitable A not-so-famous song entitled "Sangandaan" (Crossroad) speaks of making decisions. To paraphrase the song, it says our life is not complicated until we reach a crossroad. At the crossroad, we are confronted with different roads and we need to decide which road to take. Then the song continues, saying our decision may either make us happy or sad. We cannot avoid making decisions in life. A decision is a choice we do after considering different alternatives. For example, if we are buying a book, we go to a bookstore and consider two to three choices. We scan them and evaluate which one can respond to our needs. Once we know our choice, we decide. The Process of Arriving at a Decision However, reaching the point of decision is not easy. We have to go through decision-making, which is the process of identifying problems and opportunities and resolving them. Of course, the process is not easy. There are steps to arrive at a decision. First, we must ask ourselves: "What is our problem?" It is important to recognize that a problem needs to be solved. Awareness of the problem is our first step to making a decision. In this stage of the decision process, we look at all the factors and see on how the problem arose. We search for causes and effects; and we look for possible answers. Second, we determine, diagnose, and analyze the causes of the problem. We do this by gathering information so we can determine how a certain problem occurs. At this point in time, we ask questions like: "When, where, and how did the problem occur?" We must gather as much facts as we can. We must interview people who may have been through the same problem so that we can look at the problem objectively. Third, we must ask: "What are the alternatives?" At this stage of decision making, we list down possible solutions to the problem. We must not yet remove solutions we think are not feasible. Rather, we must put on paper all possible ways to address the problem so we do not miss out on good ideas. We must brainstorm with as many people as possible. We must be open even with a child, since the latter could give great suggestions on certain problems. Fourth, we must reflect on our values. We ask ourselves, "What things do matter to us? What conditions would reflect our ideals in life? What is important to us?" Knowing our values would surely allow decision making easier for us. When we know which thing we give more importance to, we would know which to choose from among the available solutions. Fifth, once we have listed choices, we must select. The choice is usually the selection of the most promising alternative. It is based on our values and goals in life. We must also consider how much risk we are willing to take. To make the choosing easier, we must be able to rank our options from one to five, after considering the pros and cons; then we choose the first in rank. Sixth, once we have chosen our course of action, we must implement the chosen alternative. Here, we must carry out our choice. We must not waver. If we need other people's help in implementing our choice, we must seek them out. It would help if we have a plan to carry out our chosen alternative. Listing specific steps to implement our decision would help in the whole process of decision making. Seventh, we must be able to evaluate our chosen alternative. In the evaluation stage of the decision-making process, we gather as much data to determine how the decision was implemented. A feedback mechanism is needed here because decision-making is a continuing process where different and new factors may be considered for possible changes. Finally, relax. After going through the process of decision-making, we lift everything up to God and let God be God. Reasons for Bad Decisions The eight steps of decision-making are effective ways to arrive at a decision. These steps help us chart our capacity to solve problems. However, despite the eight steps, we still make bad decisions. Richard Daft in his book New Era of Management said, "Most bad decisions are errors of judgment that originate in the human mind's limited capacity" and natural biases. Daft cited six biases that cause us to make bad decisions, namely: 1. Our initial impression influences us. We are usually biased for or against the first data that come to our hands. For example, hearing that a book was not well-written, this information would usually influence us in to thinking that the book is indeed, not well-written. 2. Our decisions are sometimes simply justification of our past actions. We sometimes commit mistakes. To justify those mistakes, we adopt decisions which we think would cover up the mistakes. Rather than committing more mistakes, let us immediately correct what we have done and refrain from multiplying them by committing more mistakes. 3. We just see what we want to see. Often, we refuse to acknowledge information or data that may be against our initial point of view. We give little consideration on information that contradicts our stand. Here, we must remember that our choices may not really be the best choice and looking at data which contradict our choice may help us review our earlier decision. 4. We want to choose solutions that have been effective in the past. This is another bias that prevents us from arriving to a sound decision. Sometimes, we stick to a solution that has been used for ten years. Because of the length of time, we decide against changing it. We reason out that it is timetested. But we must be open to change, since change is the only constant thing in life. Let us be creative, as along the way, we could meet new avenues to solve problems. 5 . We sometimes respond to a problem based on how a problem is framed. We think that because a problem was similarly framed with an earlier problem, the solution would be the same. Similarity in the problem does not necessarily mean in solutions. Again, we must look at all the factors before deciding. 6. We can become overconfident. Sometimes, overconfidence prevents us from seeing the problem’s solution from another point of view. We insist that we know the solutions to our problems, but only to find out that our problem has grown bigger. It is not bad to be confident what is not good is overconfidence. Activity The SWOT Analysis In management courses, one of the strategies to determine our preparedness to decide is the SWOT analysis. This analysis includes a search for strengths, weaknesses, opportunities, and threats that may affect us as a person or as a group. Strengths are our positive internal characteristics that we can exploit to achieve maximum performance. Weaknesses are our internal characteristics that might prevent us to give our best. Threats are external factors that may prevent us from achieving our goals. Opportunities are external factors that may potentially help us achieve our goals. As we make decisions in life, we must be aware of our SWOT. Below is a box with four segregations, namely strengths, weaknesses, threats, opportunities. Write in each box characteristics that describe your strengths, weaknesses, threats, and opportunities. Reflect on your answers. After listing all your strengths, weakness, threat, and opportunities, ask yourself the following” 1. Why are these strengths? 2. Why are these weaknesses? 3. Why are these considered threats? 4. Why are these considered opportunities.