Business Mandate (July 2020) - Annual Edition

Page 29

Business Mandate fountainhead of excellence

E f f e c t i ve Decision‐Making in Difficult Times

"It is not enough just to make decisions. We need to diagnose the decisions..."

He explained how in personal life, there are so many opportunities for de­ cision­making, starting from schooling, taking up a job, buying an automobile, clothing, selecting a sport, going for vacation,

shopping,

financial

investments and so on. Similarly, he listed numerous opportunities for deci­ sion­making in profession, in the areas of hiring, on­boarding, training, giving initial

assignment,

feedback,

performance

coaching,

mentoring,

MMA and Konrad­Adenauer­Stiftung (KAS)'s online lecture professional growth, promotions, on 15 April 2020 was delivered by Dr Manu K. Vora, Chairman terminations, capital projects, team and President, Business Excellence, Inc., USA and Fulbright formation and strategic planning. Specialist, U.S.Department of State, USA (2016­2021). Dr Vora thus laid out the vast canvas of decision­making and then

P

detailed out various models as tools for eople make decisions all the

be ‘acted upon’ and that ‘decisiveness is

arriving at decisions—like the tree dia­

time. The quality of those

what makes a good manager.’ He

gram; Steven Covey’s Urgent­Important

decisions is often in question

explained with examples and anecdotes, matrix; and basic decision models

—even by those who make them.

of decision­making in personal and

(scientific, ethical, economical, political,

Dr.Vora provided both background

professional domains. He discussed de­

habitual, etc.,) He listed out nine steps

knowledge and practical models to

cision­making themes dominant during

to effective decision­making. How can

prioritize and make decisions. He

Covid­19—social isolation, personal

we conquer indecision? “Failure to

started with popular quotes on decision

hygiene, avoiding outside trips, seeking

execute is the single greatest cause,” he

making. He quoted Lee Iacocca to drive

medical assistance, looking after the

stressed. “Beyond a point, plans are not

home the fact that a decision taken must

elderly and avoiding rumours.

relevant and they need to be JULY

2020

29


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