Ways to Prioritize Decisions and Reach Conclusions
I dont know what it is you want most of all, nor what you strive for. You may strive for wealth, better health, happiness, peace on earth, a house for your growing family, or expressed satisfaction from your parent; perhaps all of them? Becoming a fantastic artist or sportsperson, or solving the world’s most challenging mathematical problem. But which is the no. 1? You could make a random decision. Flip a coin or call a friend and ask them to give you a number between 0 and 30 and you choose the want with the corresponding number as your no one want. Would you be satisfied with that kind of decision? I didn’t think so, either... There are many ways to reach a conclusion, and different methods are suitable for different purposes. I will here discuss some of the more suitable and commonly used in this type of situation with many competing alternatives where priorities are undefined. There are huge amounts of information about different decision methods on the net. You benefit from learning more than one way of making decisions. A common denominator of successful people is, as we have said before, that they are quicker to make decisions and they stick with them.
Satisficing: You go through alternatives, one after another until you find one that is good enough for the criteria you have chosen. Then you stop evaluating.
Divination of some form: Prayer, Tarot cards, Astrology, Revelation…
Just follow orders. A huge amount of people are fulfilling the dreams of their parents, or their first boss.
Pros & cons: "Pros" are the primary positive aspects of an idea, process, or thing; "Cons" are the primary negative aspects. Compare the costs and benefits of all alternatives.
Grid Analysis, the simplest form of Multiple Criteria Decision Analysis (MCDA), also known as Multiple Criteria Decision Aid or Multiple Criteria Decision Management (MCDM). Sophisticated MCDA can involve highly complex modeling of different potential scenarios, using advanced mathematics. However, a lot of business decision making is based on approximate or subjective data. Where this is the case, simple Grid Analysis is often more than sufficient.
And… STOP!!!! It’s just too much, you may think now. It will take too long time. I can agree to that. Let’s see
You have a too big pile of wants and unclear priorities how to go about it. In this situation I ask you, like I asked my children aged 4, 6 and 8 years age. They answered differently, all of them: •
“It’s too big!, Helena said .
And Maria said: I don’t know…!
Many grown-ups answer similarly. And look at yourself now. You have now a HUGE list of WANTs, as long as Santa's wish list at the North Pole. How shall you go about selecting which one of these is your No 1 goal? Good idea, let’s use some good tools and eat the elephant by... Chopping it up in smaller parts and eat it bit by bit. The elephant has to be divided into smaller pieces to become edible. Grind it small enough and you can literally even eat the elephant's tusk! Julius Caesar said, Divide et impera! Divide and conquer! That was:
Divide and Conquer.
The last one I will mention today is:
Paired Comparison Analysis.
We will use these last 2 on your 30 wants list.