Decision-making is one of the hardest things we do both professionally and in our personal life. It’s happened to all of us. We make snap business decisions that we come to regret because we haven’t given ourselves enough time to weigh the odds and think it through. Or, we may vacillate and go back and forth not knowing which option to choose. A good night’s sleep can often work wonders or just discussing the situation with colleagues often clarifies the situation. But not always. Authors Chip Heath and Dan Heath explore taking another perspective in the August __ , 2013, issue of Fast Company. In their article, The 10/10/10 Rule For Tough Decisions, they recall a strategy invented by Suzy Welch, a business writer. She called it the 10/10/10 Rule. Basically, her premise is that we think about a difficult decision from three perspectives:
This type of decision making removes some of the short-term emotions and helps us focus on what may be important in the future. With less emphasis on the current situation, a decision may become more obvious. Thinking about a decision from a long-term view may change the way you view the current circumstances. Ask yourself if the outcome will be important 10 minutes from now, 10 months from and 10 years from now. An example of when this rule may be helpful is if there is a disagreement with a colleague. Will confrontation serve a purpose 10 months from now? Or even 10 years from now if you are both at the same firm? If you want to read the entire article, go to the Fast Company link: http://www.fastcompany.com/3007613/10-10-10-rule-tough-decisions. Or check out How to Make Better Choices in Life and Work by Chip Heath and Dan Heath.
When are you going to try out the 10/10/10 Rule?