SERIES: Part Three of a
Four-Part Article
It is estimated that the top barriers to effective
decision making in daily business run the gamut from procrastination and
paralysis-of-analysis to fear and avoidance. Study any entrepreneur or
perceived successful individual and what you will not observe is the presence
of these barriers!
To increase your daily productivity, consider the basic functionality of how
one’s brain processes data and how one can template that action for
decision-making success.
In order to facilitate the basic process of decision making, your brain must:
1.
See the STIMULANT to be addressed.
2.
RATIONALIZE that stimulant as being worthy of
one’s time.
3.
Establish realistic courses of RECOURSE in
dispensing with that stimulant.
4.
COMMIT to that recourse which will then be
made or implemented.
To facilitate the decision process in
pursuit of increased productivity and, thus, profitability to an organization
or business, one needs a decision-making formula that parallels the brain flow
from a business perspective and ensures avoidance to the barriers to effective
decision making. Consider the “STOP Formula©”:
1.
S:
Stop and See the stimulant at hand. If you can
isolate and see the stimulant needing attention, you will avoid procrastination. This
means you are on your way toward increased productivity by avoiding the first
barrier to success!
2.
T:
Target and Think through why that stimulant has been raised to
your attention. While you make a case for or against the stimulant, you are
working through the rationalization
phase. By moving smoothly forward and recognizing that there is another step,
you will avoid paralysis-of-analysis,
the second barrier to success!
3.
O:
Organizing Options for forward movement is the concentration of
this third step in the decision process. Explore multiple viable recourse or option
plans, recognizing that the word “options” in this step is plural. Until there
are plural forward pathways, one should not hastily move forward. By doing
this, you can address fear-based
reasons for not moving forward confidently and become more confident to move to
the fourth, and final, step in the decision process for increased productivity.
4.
P:
Pick and Proceed with the option that is most viable. By committing to that
action plan, you will also always have a backup plan. If, in fact, you did step
three effectively and not hastily, you will avoid the barrier of not moving forward.
The parallel applications of this formula
are explosive. You can also use it in pursuit of presentations and decision
making with others to facilitate a controlled, systematic dialogue, by
presenting one item or step at a time. You will progress smoothly and increase
group productivity. This can also be used in crises, decision-making situations
in business to ensure tactical control and emotional containment, by addressing
each of the four functional decision steps at a time.
Increased productivity comes from the basic functionality of the
decision-making process gained by using the STOP Formula©
daily!