Tuesday, November 23, 2010

The Dao of Strategy: Making Decisions (3)

Occasionally, some people based their decisions on their immediate emotional needs and wants. They usually think about the benefits of the current moment, not about the future-based consequences. In summary, They rarely think beyond their situation.

Taking time to understand the tangibility of their big picture would have enable them to make better decisions in their personal life and in their business.

We at Compass360 Consulting Group believes in the grand strategic action of understanding the big picture before deciding on anything is the key. ... How do you make your decision?

Click here for an interesting article on why many people cannot make decisions.

Our interpretation of the Chinese strategy classics tells us that understanding the settings (in details) determines when to think in black and white and when to understand the level of grayness.
... One typical step of our Compass AE strategic decision process is to prioritizes the core values first. Then,
determining what are the risk rewards and risk consequences.
how it can be affected at a later time frame.

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