018 | How to Make Fast Decisions

April 8, 2019
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Summary

In this episode, Chris discusses the value of making better decisions quickly and efficiently. He believes it is better to make fast decisions and adjust accordingly than to wait and make a decision too late.Today’s world operates at such a rapid pace and organizations need to keep up with their decision-making. Chris talks about the importance of being confident within your role, leveraging your experience, and practicing in order to perfect the art of decision-making.

Snyder Showdown host Chris Snyder is the partner and President of the full-service digital marketing agency Juhll, which specializes in growing businesses' online customer base through strategic digital paid media. He's also the founder of financial online market place Banks.com. As an entrepreneur and expert digital marketer, Chris shares his insights about managing businesses and latest digital marketing tactics in his podcast show.

In his other related episode "Measuring Momentum" he talks about this concept the impact it has on businesses.

Highlights

  • 00:56 – Introducing today’s topic, How to Make Fast Decisions
  • 01:42 – Why it’s better to make fast decisions and adjust as needed than to wait too long
  • 03:11 – What goes into making a decision
  • 07:07 – How fear of failure holds people back from making decisive decisions  
  • 09:12 – Chris talks about giving his employees the chance to grow into better decision makers through trial and error  
  • 11:11 – The importance of having context in decision-making
  • 14:42 – Leveraging your experience to make better decisions
  • 17:04 – How different personality types influence decision-making
  • 21:13 – The importance of being comfortable in your role
  • 22:16 – Chris talks about being comfortable with faster decision-making
  • 25:26 – The Numbers Game
  • 26:33 – The rapid speed at which the world operates
  • 28:35 – The challenges that smaller organizations face
  • 29:45 – Building confidence in decision-making  
  • 31:18 – How Chris’ personality and style impact his decision-making

Tweetable Quotes

“I don’t need the accolades man. I just need the performance. It’s all good.” (06:58)

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“In some cases I don’t know what’s up, I agree. But in most cases, I do know what’s up. And I’m making decisions based on experience and instinct and intuition.” (08:27)

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“Is it okay if people get a chance to grow into better decision-making and do we give them the chance to fail in decision-making? Absolutely!” (10:07)

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“My job is to challenge the framework in the structure in which you’re making the decision, not to challenge the actual decision.” (13:19)

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“It just depends on what seat your butt is in. And, you need to be super comfortable with that seat.” (21:13)

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“I’d rather make five decisions in flush in like two or three weeks on a poor hiring decision, rather than noodle on it for six weeks and still get the same result.” (24:59)

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“It’s actually like a war zone. It’s a decision war zone. And, you’re getting input from all sides.” (29:02)

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Chris Snyder

Snyder Showdown is an original Juhll agency production hosted by Chris Snyder, President of Juhll Agency and founder-operator-investor in banks.com.

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