Monday, January 27, 2014

A520.3.1.RB_RuggerioSteven

Decisions:  Principles, Paths, and Payments


Brothers Chip and Dan Heath are Stanford and Duke alumni and authors of the best-selling books Switch and Made to Stick.  In their 2013 release Decisive they said, “If you study the kinds of decisions people make and the outcomes of those decisions, you’ll find that humanity does not have particularly impressive track record” (p. 3).  For the first three and a half decades of my life, my track record is a train wreck of bad decisions. Some were misguided but rightly motivated; but most were terribly selfish and hurtful.  Fortunately, today is considerably different.  Call it age, maturity, experience, or personal transformation, I live by rooted values and filter all my decisions through a matrix of three principles: Faith, Family, and Friends.  Each decision guided by conviction and strengthened with character.
With a strong framework for making decisions, one still requires a path to follow.  The path I pursue is akin to what Whetten & Cameron (2011) describe in Developing Management Skills.  Their four-step process of (1) define the problem, (2) generate alternative solutions, (3) evaluate and select an alternative, and (4) implement and follow-up on the solution are key characteristics of my decision-making formula.  With a framework and a process, I’ve come to recognize some key elements of my decision-making abilities and attributes.  Some words that would describe my decision-making would be cautious (I am not very impulsive), intuitive (I place great weight on an inner sense of peace and/or anxiety), self-motivated (I am incredibly disciplined and aggressive toward self-improvement), active (believe in doing, not simply talking), and lastly, assertive (in a manner of motivation and perseverance).
Hoch & Kunreuther (2001) said, “We think we are making excellent decisions, and as long as the results are good, we don’t look to closely at our decision process.  It is usually only when we look at our failures, that we actually improve our decision-making” (p. 2).  As stated earlier, I have a history of bad decisions and looking at the words that would describe my current decision-making philosophy requires me to look at the opposite of those attributes and how they used to be part of my past.  Some of those words would be: impulsive, logical or calculated, lazy or unmotivated, passive, and unsure.
Although some of these “opposite” characteristics do not seem to define my decision-making philosophy, there are elements within my process at various times.  For instance, though I have a strong intuitive nature, I highly regard the importance and efficiency of logical and calculated decision-making.  For instance, we are considering purchasing a new home.  We visited the new house yesterday and everyone really liked it (even though it needs a few minor repairs).  Buying a new home can feel like an out-of-body experience with life-altering consequences.  With this decision, I am using both intuition and logic.  I am following my heart and inner conviction while using a calculated and measured approach toward finances, logistics, relocation, and taking into consideration all the input of each family member.
While there is certainly room to utilize both intuition and logic, there is little room for laziness and dubiousness.  If I take too much time, the house will get sold underneath us.  If I were too unsure, then it wouldn’t be wise to move forward with such a large purchase.  We have been in our current residence for over sixteen years.  We do not want to walk away from a home where our children were raised and in which we have nearly two decades of memories without being sure of our decision.  We want to follow our heart, use caution, be motivated to take the necessary action, and take steps in a direction that we all feel is right for our family.
With all that said, our decision-making video mention that we should “get comfortable with uncertainty.”  Most decisions carry a degree of uncertainty.  Buying a house will always have uncertainty.  Tonight my wife said, “I don’t want to leave a house we’ve been in for almost twenty years to move into a house that has “hidden” problems.”  Therein lies the uncertainty.  We do the best we can with the information available.  At the end of the day, after I follow the four-step process stated above, I have to move forward believing I made the right decision.  It would be very easy to fall prey to analysis paralysis and avoid making a decision. 
When all said and done, I lean into doing the heavy lifting up front and then praying and believing that God will lead me to make course corrections if and when necessary.  Yes, I expect some of my decisions may be wrong, however, if I’ve done the necessary research and evaluation, then I will be better prepared to make changes later.

Steve

References:
Heath, C., & Heath, D. (2013). Decisive. New York, NY: Crown Publishing Group.
Hoch, S.J., & Kunreuther, H.C. (2001). Wharton on making decisions. New York, NY: John Wiley & Sons, Inc.
Whetten, D.A., & Cameron, K. S. (2011). Developing management skill. Upper Saddle River, NJ: Pearson.


No comments:

Post a Comment