What do you do if decisions need to be made quickly without compromising quality?

When you need to make decisions fast without sacrificing quality, there are ways to do it effectively. Start by gathering all the important information you need quickly. Then, figure out what matters most in the decision and focus on those things. Use helpful tools like decision-making frameworks to organize your thoughts. Talk to people who can give you good advice, and consider different options carefully. Once you have enough information, make your decision confidently. Keep an eye on how things are going afterward and be ready to change your plan if needed. Finally, learn from the experience so you can make even better decisions in the future.

You’ve got to prioritize like a boss. Pick the big winners, the tasks that are going to make your business huge. The rest can wait. It’s all about the art of the deal and the art of the task.

When making quick decisions without compromising quality, I prioritize gathering essential information while keeping my objectives in mind. It's also important to remain adaptable and be open to making changes as new information comes to light. Sometimes, quick decisions require tweaking as we gain more clarity on the subject.

Get the best information, only the best. We don’t do things halfway. Make sure you have all the facts, because that’s how you make decisions that are going to be respected, really respected.

In my role, quick decisions must be well-informed. Taking a moment to gather necessary information is key. While I may not need every detail, having a clear picture of key factors guides my decision-making process. Consulting with stakeholders and team members for insights ensures a balanced approach between speed and information sufficiency.

Use that intuition. It’s like having good genes. It’s smart, it’s quick, it’s something that gives you an edge. Cut through the noise, focus on what’s really going to work.

For me, documentation and notes are crucial. If I've tackled a similar task before, I review my past notes to improve my approach. This iterative process ensures success. Heuristics, or mental shortcuts, are also valuable when time is limited. I rely on past successful strategies to expedite decision-making. I have a tendency to use the Satisficing heuristic or good-enough to meet the need. Then if time permits, revisit and optimize. However, I'm cautious of cognitive biases that can arise from over-reliance on heuristics. It's essential to ensure the shortcut fits the current situation. For me that notes and documentation.

Teamwork is how you build an empire. Get people who are on your level, who have a vision. Teamwork is about strength, tremendous strength, and winning together.

For speed, fewer decision makers are best. Identify the 3-4 most believable contributors who can help make the decision - these are not always the people with closest in the org chart, or part of your team. Go where the knowledge is.

Use the tools that get the job done. I’ve seen technology, the best technology, and that’s what you need. Tools that make you more efficient, because efficiency is key to victory.

I'm a tool fanatic. Tools are highly under utilized yet play a vital role in swift decision-making. Project management software, for example Monday.com, helps me organize tasks and streamline communication. I become an expert on my tools and cross-train others and optimize workflows. These tools act as decision-support systems or pros-and-cons lists which clarify options and potential outcomes, providing structure and speeding up the process, particularly with complex data or multiple variables. Not everything requires a meeting...just use the tool.