When faced with uncertainty, consider the 10/10/10 rule: how will you feel about this decision in 10 minutes, 10 months, and 10 years? This framework provides perspective by balancing short-term emotions with long-term consequences. It helps reduce impulsivity and aligns decisions with values and objectives. A moment of reflection can lead to lifelong better choices.
Utilizing well-established decision-making paradigms can help leaders make high-quality business and organizational decisions. Each approach has its strengths and weaknesses, depending on the context and the goal. By learning about these approaches and understanding when to use them, leaders can better grasp the ‘when,’ ‘why,’ ‘what,’ and ‘how’ of decision-making processes.
Tyler de la Plaine, Founder and Principle Consultant
Thrive Venture Consulting — bringing people and ideas together.