Do you make the decision timeline work for you?

Every decision has a decision timeline. There are points on in this timeline that will determine whether we are successful or not.
Please refer to the figure while you read this. Here we have taken as a given that the decision is right and the quality of the decision is good

  1. Pre-optimal point-this is a point when we take the decision and act too early. This is ok for some type of decisions, but may be disfunctional for others. Moreover, this decision and the subsequent action may eat into other decisions that should have been taken instead of this decision at the pre-optimal point.

  2. Optimal point-This is the right point for that specific decision when taken and acted upon will give us sufficient time and put timliness in our favour. Decisions taken at the optimal point on the decision timeline will enhance the chances of our success

  3. Sub-optimal point- This is that point in the decision timeline that will give us less time to act and the quality of our action will be slipshod. We will increase the chance of our failure or perform much below our potential if we continue to act on this point.

  4. Failure point-This is that point on the decision timeline where we have missed the bus and we will fail.

Different types of decision will have different decision timelines. For every decision we take, we need to determine the optimal decision point and take the decision and act accordingly. This will help us to take our good quality decisions to success.

Example: You are a student. You want to compete and score high in the GMAT test. The test is one year away. Your optimal decision point for various components of the GMAT test will be different.

For example, you may need to take a decision to start practicing numerical ability tests 6 months prior to the test, as your skills are lower in this area, while other areas may need less number of months.

Numerical Ability test:

Pre-optimal point- 2 years (too early and your practice may not be consistent and the pattern of the test may change)

Optimal point - 6 months

Sub-optimal point - 2 months

Failure point - 1 month

This concept is so simple but it is so violated by a large number of people.

How do you handle the decision timelines for various decisions in your life?

This is a very important question to ponder over.

Do write your comments after using this concept.

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