Monday, September 6, 2010

Decision Making

Whether it is in the corporate world or personal life, there are times when we have had to make decision. Decision making is an art and not a science. Right decision making is very crucial as it will make or break it.

On a personal note, there are times when we have to make decisions such as:

Changing employment
We do not know what to anticipate in the new environment. Questions are unanswered such as the adaptability to the new environment, working colleagues and also the chemistry with your immediate supervisor. When we change jobs, we are taking the risk. It can be a change for the better or worse.

Changing employment can be a stepping stone to new challenges and better prospects. By staying on to your current employment, we tend to be complacent and sometimes can be regarded as a deadwood.

Setting up a business venture
If we are venturing into setting up a business venture, we have to consider a lot of factors as we are venturing into unchartered waters. Besides the capital layout, there are other factors to take into account such as location, staffing and many teething problems.

Besides the above two scenerios, there are other situations whereby decision making is called for. Whatever decision we make, we have to respect them.

Something for sharing.

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