What goes into an effective decision making process? Ft. TAS Manager Vasundhara N

Build your own Algorithm but Seek Advice:

Wherever possible, use data to you create a solid algorithm, that supports your recommendations. Your recommendation should be substantiated by this logical working; judgements and opinions can be a value add above this foundation. This also helps to negate noise and keep one’s own biases in check. At the same time, seek out various opinions from people, not necessarily in the same industry. Especially people you trust would challenge your hypothesis. The more the decision is challenged and logically defended, more powerful it becomes.

Test for Consequences:

Every organization has a unique culture, its best advised to understand this culture, and imbibe it in your decision making. Test your decision against regrets of all stakeholders. And lastly, value expertise over experience, of others & your own. Experience is the confidence with which one believes in their judgements, might not necessarily be accurate judgements. Expertise is a special kind of experience, one that is built on constant feedback and is testable. Try and imbibe intuitions of such experts in your decision making!

Vasundhara Narang - Category Marketing Manager,
Tata CLiQ Luxury