The 6 Ps of decision making are a set of tools used to evaluate the cost, quality, and effectiveness of any decision-making process. They can be used to evaluate any type of decision, from personal choices to professional decisions.
The first P stands for Prioritize. This means considering the importance of the decision and deciding which factors are most important in making a successful decision. This could include taking into account the short-term and long-term implications of the decision, as well as the potential risks and rewards associated with it.
The second P stands for Plan. This involves considering the steps needed to reach the desired outcome and mapping out a plan of action. This could include researching the issues, brainstorming potential solutions, and creating a timeline for completion.
The third P stands for Prepare. This involves gathering the information necessary to make an informed decision and preparing for any potential obstacles that may arise. This could include gathering data, researching alternatives, and understanding the implications of the decision.
The fourth P stands for Process. This involves considering the potential solutions and selecting the best one. This could include evaluating the pros and cons of each solution and weighing the risks and rewards.
The fifth P stands for Perform. This involves implementing the decision. This could include taking action, delegating tasks, and communicating the decision to stakeholders.
The sixth P stands for Perfect. This involves monitoring and evaluating the decision to ensure that it is achieving the desired outcome. This could include re-evaluating the decision, assessing the results, and making adjustments as needed.
The 6 Ps of decision making are designed to help individuals and organizations make better decisions. By following this process, individuals and organizations can ensure that their decisions are well-informed, well-thought-out, and effective.