Hype Initiatives: Are You a Good Decision Maker?

    PERTH, AUSTRALIA, October 03, 2014 /24-7PressRelease/ -- It can sometimes be hard to recover from a poor business decision and a bad choice has the ability to affect almost every part of a business. Making a poor decision that affects customer relationships, such as changes to customer service approaches or brand identity can instantly damage a brands reputation among customers and leave them feeling undervalued and neglected. Re-building customer relationships can be incredibly tough and some businesses who have lost the trust of their customers fail to ever get it back entirely. Poor business decisions can lead to a drop in profits and even the loss of vital investment, therefore sales and marketing firm Hype Initiatives believe it's important for business owners to approach decision making in an informed and collaborative way.

Hype Initiatives understand that for new business owners especially, finding themselves with so much responsibility can be incredibly daunting which can often leave them feeling pressured and result it hasty decision making. To help business owners improve their decision making skills the firm have offered the following advice on tackling big decisions.

Firstly the firm believe it's vital for business owners to be able to correctly identify which decisions are most important to the business. Big life changing decisions that could change the course of a business should be prioritised above smaller internal decisions that are best resolved through gut instinct. Hype Initiatives believe it's important for business owners to understand that big decisions take time, and that often it's only self-inflicted panic that leads people to rush a decision. The firm believe that business owners should take their time to weigh up all the pros and cons, and question the motives of any individuals who are pressuring them into making a quick decision.

On the opposite end of the spectrum, small decisions should be made quickly. Too much time dwelling on small decisions can lead business owners to question themselves and focus too much time and energy on trivial aspects of their business. Hype Initiatives believe small decisions that don't affect the business's productivity or overall message should be given a set deadline to stop them taking up too much brain space.

Hype Initiatives believe that in order to make better decisions business owners need to trust their gut instincts. Many business owners, even new owners have a wealth of knowledge simply through general life experiences and don't even realise. Hype Initiatives believe that to help simplify the process business owners should look back at their past experiences, review what they've learnt and listen to their gut.

Even the most skilled decision makers will still occasionally face the odd mishap or disaster; therefore it's important for business owners to know how to respond when things don't go their way. Instead of punishing themselves, Hype Initiatives think it's important for business owners to focus on how to reverse the mishap by involving others and seeking out fresh approaches. By taking the time to process the issue and clear their heads the firm believe business owners will be surprised by the solutions they can come up with.

About Hype Initiatives: http://hypeinitiatives.com/our-purpose/

Hype Initiatives is a Perth based sales and marketing firm that create and implement engaging, direct marketing campaigns for a wide range of clients. Their experience in the industry has taught them that consumer trends can change incredibly quickly, and therefore the firm are experts in making precise decisions to ensure their client's campaigns stay relevant and effective.

Follow @HypeInitiatives on Twitter and like them on Facebook.

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