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How can you creatively identify solutions and avoid biases in high-pressure decisions?

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High-pressure decisions can be challenging and stressful, especially when you have limited time, information, or resources. You may feel tempted to rely on your intuition, gut feeling, or common sense, but these can be influenced by cognitive biases and heuristics that distort your judgment and prevent you from finding the best solution. How can you overcome these obstacles and enhance your decision-making skills? Here are some tips to help you creatively identify solutions and avoid biases in high-pressure decisions.

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1 Identify the problem

The first step to making a good decision is to clearly define the problem you are facing and the goal you want to achieve. This will help you focus your attention, avoid distractions, and filter out irrelevant information. To identify the problem, you can use techniques such as asking the 5 Whys, using the SCAMPER method, or creating a problem statement. These techniques will help you dig deeper into the root cause, scope, and impact of the problem, as well as generate possible questions, perspectives, and criteria for the solution.

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Rajesh Deekshitula

Leading Pharma CSCM at Reliance Industries Limited
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In my view, complete involvement, dedication and good connection with the team is the base to identify the problems. Otherwise problems will turn into cancer, then it is very different to handle.

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2 Generate alternatives

The next step is to brainstorm as many possible solutions as you can, without judging or rejecting any idea. This will help you expand your options, stimulate your creativity, and discover new opportunities. To generate alternatives, you can use techniques such as mind mapping, brainwriting, or SCAMPER. These techniques will help you organize your thoughts, build on existing ideas, or modify them in different ways. You can also involve other people, such as colleagues, mentors, or experts, to get feedback, insights, or suggestions.

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Rajesh Deekshitula

Leading Pharma CSCM at Reliance Industries Limited
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In my view, generation of alternatives is not the solution. This should be the least priority act in business. Complete awareness of the business is the ultimate solution. This is possible only with involvement. Involvement will give you understanding so you can counter the issue at the early stage. If not solved then we need to go for alternative

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3 Evaluate alternatives

The third step is to evaluate the pros and cons of each alternative, and compare them with your goal and criteria. This will help you narrow down your options, weigh the trade-offs, and anticipate the consequences. To evaluate alternatives, you can use techniques such as SWOT analysis, decision matrix, or cost-benefit analysis. These techniques will help you assess the strengths, weaknesses, opportunities, and threats of each option, as well as quantify and prioritize the factors that matter most to you.

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Rajesh Deekshitula

Leading Pharma CSCM at Reliance Industries Limited
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One should not make alternative decisions. It should be a team decision. Out of multiple solutions offered by the team, one best solution will be picked with good evaluation

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4 Avoid biases

The fourth step is to identify and avoid the cognitive biases and heuristics that can affect your decision-making process and lead you to make errors or mistakes. These are mental shortcuts or rules of thumb that help you simplify complex information, but can also distort your perception, memory, or reasoning. Some common biases and heuristics that can influence your high-pressure decisions are confirmation bias, anchoring bias, availability heuristic, or overconfidence bias. To avoid biases, you can use techniques such as devil's advocate, pre-mortem, or blindspot analysis. These techniques will help you challenge your assumptions, test your scenarios, or uncover your blind spots.

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5 Choose a solution

The fifth step is to choose the best solution based on your evaluation and analysis, and commit to it. This will help you act on your decision, overcome your doubts, and move forward. To choose a solution, you can use techniques such as intuition check, pros and cons list, or gut test. These techniques will help you align your decision with your values, preferences, or emotions, as well as check for any red flags, regrets, or inconsistencies.

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6 Implement and monitor

The final step is to implement your solution and monitor its results. This will help you execute your decision, measure its effectiveness, and learn from its outcomes. To implement and monitor your solution, you can use techniques such as action plan, SMART goals, or feedback loop. These techniques will help you break down your solution into manageable steps, set specific, measurable, achievable, relevant, and time-bound goals, and collect and evaluate feedback from yourself and others.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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How can you creatively identify solutions and avoid biases in high-pressure decisions?

1

2

3

4

5

6

7

1 Identify the problem

2 Generate alternatives

3 Evaluate alternatives

4 Avoid biases

5 Choose a solution

6 Implement and monitor

7 Here’s what else to consider

Decision-Making

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How can you creatively identify solutions and avoid biases in high-pressure decisions?

1

2

3

4

5

6

7

1 Identify the problem

2 Generate alternatives

3 Evaluate alternatives

4 Avoid biases

5 Choose a solution

6 Implement and monitor

7 Here’s what else to consider

Decision-Making

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