Let's face it we have all made bad decisions at some point in our lives (I know I have) some pretty bad, some not so bad, some costly others not so much.
But have you ever consider how those prior experience can slow you down and cause indecision. This too can be costly especially when it comes to business decisions.
Below is a filter using the word SMART which could be used to help in those decisions.
S-sensible . The product or service
that I am considering does
make sense for my situation?
Does it fix a problem that I
am trying to solve? Is it easy
for myself and others to use?
M-manageable. How will this effect
my day to day operations?
How much human resource
will this take? Will it cause me
to add or reduce resources?
Does the product or service
provider manage it for me?
A-affordable. Is this product or service
something we can afford
financially? Can we afford not
to do it?
R-reliable. Will it work? Is there a
guarantee? Is there support? Is
it scalable, will it grow with my
business?
T-timely. Is now the right time? Will
there ever be the right time?
What does using the product
or service do for me now?
What will happen if I don't use
the product or service now?
So there you have it. A simple way to get you started down the path of SMART decision making.
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