Consider factors like the stage of the interview process, your level of interest in those roles, and the companies' reputations.Ĭommunicate with Other Employers: If you have ongoing interviews that you are genuinely interested in, it's acceptable to inform those companies that you have received a job offer but are still considering your options. If the deadline is too short, you can politely request an extension to allow for more time to evaluate your options.Īssess Your Ongoing Interviews: If you have other interviews or opportunities in progress, assess their potential and likelihood of success. Most employers will give you a reasonable amount of time to make a decision. Understand the Timeline: Determine how much time you have to respond to the offer. Evaluate whether this offer aligns with your career goals and priorities. Review the Offer Thoroughly: Carefully read through the job offer letter, paying attention to details such as salary, benefits, job responsibilities, and any conditions or requirements. Here are some steps to help you make an informed decision:

Based on these five principles, you'll be able to make informed decisions to find a relevant solution to the problem without getting lost in unproductive turmoil.įorbes Coaches Council is an invitation-only community for leading business and career coaches.When you receive a job offer letter but still have ongoing interviews or potential opportunities, it can be a challenging situation to navigate. In short, leaders who master the art of decision-making are able to guide their teams to outstanding results. In this case, you also need to think about the long-term consequences: impact on corporate culture, company image, impact on employee motivation. If, for example, as a leader you are faced with a budget-cutting decision to reduce costs as quickly as possible, you may think about mass layoffs. Yet it's necessary to strike a balance between short- and long-term effects to make an informed decision and avoid risks. Often, when you're involved in the decision-making process, you tend to focus on the short-term consequences without really thinking about the long-term effects. Consider short- and long-term consequences. For example, if the turnover rate for a position is high, the problem may come from the supervisor and not necessarily from the employees. The same goes for a team when you see a recurring problem, you need to go to the source to solve it. You have to revise the ventilation system to eradicate the mold it's not enough to simply clean it. The symptoms are mold, but the treatment goes much deeper. Let's take an example I often see in real estate. The question to ask in this case is how, not why. Don't forget to take a systemic view of the problem as a whole, which is particularly useful for complex problems. To gather as much relevant information as possible, you can approach the people who are on the front line of the problem. While this approach may be necessary in an emergency, the real source of the problem must not be forgotten if it is to be radically eliminated. Often, the more complex the problem, the more we tend to focus on the symptoms to solve it quickly. When analyzing the problem, it's necessary to dig deeper to get to the real source. Look for the solution at the source of the problem, not at the symptoms. However, if their region is not conducive to real estate investment, what should they do? It is therefore important to overcome stereotypes and limiting beliefs. Frequently, they believe that they will never invest outside of their own region. In my coaching programs, I often guide my mentees to step out of their comfort zones when it comes to a specific type of property or a particular geographic area. And if you have the opportunity, you can submit your idea to an impartial outsider. In this case, the solution is to broaden your frame of reference and ask yourself: What if the opposite were also true? Try to be as objective as possible in your questioning. Confirmation bias, for example, leads you to look only for information that confirms your beliefs and hypotheses and to ignore information that runs counter to your hypothesis. These biases will lead you to jump to conclusions, without digging deeper into the information, which can be detrimental to decision-making. In the decision-making process, you need to pay particular attention to cognitive biases that can distort your perception of information.

Make informed decisions