Choose The Best Course of Action To Achieve Your Goal
How do you develop options and determine the best course of action? Choices. We have so many options when it comes to […]
Which? (Options, Risk and Opportunities)
“Opportunities multiply as they are seized.” Sun Tzu
In language which refers to selection.
It evokes questions such as:
We have to choose which way to go and therefore ‘Which?’ deals with the idea of selection. There are many paths to success and it is worth identifying and considering as many options as possible. Then we are in a position to select a route by assessing courses of action against relevant factors.
One of the major factors affecting a decision is risk. If a venture is deemed too risky it is the surest thing that will stop us from acting, no matter how attractive the option first seemed. Therefore risks need to be identified, assessed, mitigated and managed so that we are in the best possible place to make our decisions. Capacity for risk varies between people and situations so it is important to remember that this is an ongoing process of management. At the same time we don’t want to become defensive, timid or risk-averse; achieving bold visions means taking risks. We just need to make sure we have counted the cost before we commit ourselves.
Which is like a multi-tool of options, a guidebook of ideas and our medical kit or emergency equipment to mitigate risks.
Which is primarily considered before the how, when and who in Stage 3: Developing a Plan.
How do you develop options and determine the best course of action? Choices. We have so many options when it comes to […]
Thinking rationally about the worst-case scenario can help conquer anxiety and fear Which is your worst fear? Which anxiety is holding you […]
How to simply and effectively assess risk to aid your contingency planning and achieve your life goals Which risks are you facing? […]
How to brainstorm ideas using lateral and divergent thinking techniques Which brainstorming technique do you use to get new ideas? How do […]
To solve a problem first ask: is it a tame, critical or wicked problem? What is the biggest problem that you or […]
Seven steps to find new business ideas and develop them into great businesses Whether you are starting a new business, or looking […]
Making reflection and learning part of your decision-making process We need to be continually assessing our decisions and learning from our actions; […]
Develop a risk strategy so you can decide which risks to take and which risks to avoid We do not always think […]
How do you develop options and determine the best course of action? Choices. We have so many choices. But what is the […]