Rules of Decision Making
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Peter Drucker in his book "The Effective Executive" stated several rules on decision-making. ?
??Choice A decision is a judgment. It is a choice between alternatives. It is rarely a choice between right and wrong. ?
??Start with opinions The effective executive knows that people do not start out with the search for facts. They start out with an opinion. ?
??Not a fact! A good statistician knows and does not trust any numbers, no matter how well they know the person who provided them. ?
??First rule The first rule of decision-making is that one does not make a decision unless there is disagreement. Decisions are made well only if based on the clash of conflicting views, the dialogue between different points of view, the choice between different judgments. ?
??Stock A decision without an alternative is most likely just the move of a desperate gambler. ?
??Creative approach Most of all, objections and disagreements are needed to stimulate the imagination. ?
??Imagination Imagination must be stimulated, otherwise, it will remain undeveloped and inapplicable. ?
??Presumption of Reason Until proven otherwise, the opponent is considered reasonable and honest. ?
??Surgery solutions A decision should be made when the situation if nothing is done, is likely to worsen. ?
?? "No action" You should not act even when a circumstance, even a very annoying one, is not important and is unlikely to become so in the future.
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