Making intelligent decisions in Business

[eLdavis]

Decision making is not as easy as said,it takes alot of hard work and orientation, exposure also is a criteria to make one knows the decision to make.

Very true, decision making especially in a business setup is not something that you should take lightly, cause every decision taken can make or break the business. It is important that you have a clear mind before making any kind of decision.

 

[Ralphjoe]

Once you're working with a business plan there is always a possibility that you will avoid all the necessary mistakes that you will kill your business because lack of knowledge is certain death.

I think the success of most businesses are unequivocally dependent on sound decision-making that the owners of the businesses are able to put forth in the business so that the business can be able to succeed even in bad and good times.

 

[Tislad]

Making intelligent in business is simply been flexible in your line of business because you can't make your business grow without the idea of both your workers and customers.

 

[Josan]

Making good decisions in a business is cool and if followed suit can land such business well and will definitely produce positive results.

 

[Sotherefore]

That's why I mentioned that having a team is important I running a business, a good team would help inform you about financial knowledge tat cm name both you and customers happy

Wow, that is a nice decision but sometimes we really have to be careful about some of the team members because most of them might also be selfish in the decision-making without considering how to satisfy customers.

 

[Essy]

Wow, that is a nice decision but sometimes we really have to be careful about some of the team members because most of them might also be selfish in the decision-making without considering how to satisfy customers.

Sure, human beings cannot have the same behavior but they can have the same goal and objective, so selecting your team should be based on those that understand and would follow the goal and objective

 

[kayode10]

Ability to make intelligent decision in business depend an ability to gather facts and do some research in order to arrive at the best decision. this is the reason why it is good to take decision fast in order to learn.

 

[nimzy]

An intelligent decision is the kind of decision someone make and believing in his inner thugh that this particular decision will definitely work out and will profit him by searching similar experiences and consultation of more experienced people around him.

 

[Ceeny007]

Nice write up there I agree 100 percent to add to it I think in whatever situation you find yourself you should consider the "what if,and what If not" case scenario.

 

[Setho]

You should never make any business decision on top of your head but instead if you are required to make one you should always make your own research of the relevant statistics so that you can make an informed decision.

 

[Ghost1]

Making an intelligent decision is not easy some people are capable of this some aren't. Hiring someone for this purposes might also serve as intelligent decision

 

[Justin]

You can make intelligent decision only when you are intelligent. You can acquire intelligence in two ways, one you are born intelligent, two you learn to become intelligent. If first case does not apply to you, go for second case.

 

[tyrim88]

Making decisions is one skill that every Business manager must master, not just any decision but intelligent decisions backed with so much facts and logic. These are some of the ways to make intelligent decisions for a business:
*Get all your facts right
All relevant information as regards the subject or issue you need to make a decision on must be gathered.

* Consult your inner feelings
Before making any decision in a matter, always endeavor to check your inner feeling about it, this is what some people call gut.

* Good timing
When making a decision we should learn how to separate sentiment from fact and also know when it is appropriate to make such decision.

* Follow through with your decision
Whenever a decision is made, always follow through with them

* Flexibility
Decision should not be made to be final but it should be made in a way that is dynamic, so that it can change as situations changes.
These are some of the ways to make informed decision as a manager in your business. You can add anyone if you know of any, let's discuss guys.

As abusiness owner on thing younreally need to get is the ability to take firm decision and stand by them,one need to be tough in taking a stand and should be able to see prospect and cash n on them,and to be consistent in the process of execution is another factor to have.

 

[eLdavis]

You can make intelligent decision only when you are intelligent. You can acquire intelligence in two ways, one you are born intelligent, two you learn to become intelligent. If first case does not apply to you, go for second case.

Hmmm, you got me with the first line. Let's say in a situation where you are not born with it and you cannot acquire it, does hiring someone who has the knowledge count as acquiring intelligence?

 

[Justin]

Hiring someone with intelligence, can be considered an intelligent decision. If you can hire the perfect guy for the job, you can be considered intelligent in some way because you are intelligent enough to hire the right person.

 

[Abigael]

Those are very good tips on how to make intelligent decisions as a manager. Indeed you need to be very careful with them. I love the idea of researching and trying what you learn. There are so many people out there who are ready to give suggestions, but you should try something first before you decide that it actually works for you.

 

[Godspower]

Making the right and wise decisions in your business is very important to the growth of that business. Your decisions must be firm and also flexible, and you should get input from others who already have knowledge in your field of business.

 

[kinqzbitz]

Well as a good business minded person you must always try your best to be at your best behavior and also try to think before taking a step to do anything and weigh the advantages and disadvantages

 

[Thinker009]

Before making business decision ,it would have been better if you actually are knowledgeable about the actions you are taking ,try to verify from business consultants about the idea of your business if it's valid

 

[Swazykid4all]

Making intelligent decision makes your business profitable, it corrects future mistakes and make the investment strive properly in the market.