Vijay Eswaran’s Guide To Decision Making
Decision making is an art and no one understands this better than QNET’s CEO Vijay Eswaran. He has written four books on various topics, including his reflections and thoughts on success and tools important to be successful in life. His books are doorways to achieving satisfaction in not only one’s personal life but also the business world and any other arena. In his blog, Vijay Eswaran talks about perfect the art of decision making with the help of 7 steps –
1. Correcting Decisions Is Key To Success – Vijay Eswaran mentions how it is rarely possible for decisions to be completely correct when they are made because information is not always available in its entirety. However, the path to success is to correct them with experience and new information.
2. Success Doesn’t Depend On First Decisions – Eswaran compares the obsession of getting the first decision right to choosing the winning horse.
3. The Last Decision Is Everything – Not only is the last decision important for a satisfying conclusion to a long journey, Eswaran comments that it is also a clue to how accurate the first decision was. Thus, the final decision is more important than the first one. More of that can usually be found on Twitter.
4. Fear of Decision Is Akin To Failure – Eswaran argues that some people stand by delayed decisions because these people believe that making a decision is more important than anything else. He concedes that in certain situations, waiting is better than acting rashly.
5. Intuitive Decision Making Is a Myth – According to Eswaran, intuitive decision making is nothing but a lifetime of experiences manifesting in the form of “intuition’. He also mentions that intuition is created by failures and caution.
6. Three Ps of Decision Making – The three main factors vital to any decision are a) Projection – i.e. understanding the impact that the decision will have; b) Preparation – i.e. analysis and research; and c) Planning – i.e. implementation of decisions are per the plan.
7. Decisions Can Be Changed, Stagnancy Cannot – Finally, Eswaran ends on the advice that while decisions might be like drawings on sand, not moving has permanency. Thus, making decisions is important than not making them.
Vijay Eswaran has jotted down these pointers on the basis of his own life’s experiences.