Business judgement

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BUSINESS JUDGEMENT “Have a strong desire for Great Love, the COMPASSION “Understand CONSTRAINTS to reality for making wise decisions” “Diligently correct and COMPLY with the right paths set upon”

Transcript of Business judgement

BUSINESS JUDGEMENT

“Have a strong desire for Great Love, the COMPASSION”“Understand CONSTRAINTS to reality for making wise decisions”

“Diligently correct and COMPLY with the right paths set upon”

Judgement ≠ Decision

Good judgement comes from experience,

often, experience comes from bad

judgement

But there is a Problem...

Not all bad judgements lead to bad decision.

Many times experiences are

covered with numerous illusions

Which meas ...

Good judgements may still lead to bad decision but a good

outcome!

Whatever it is, good judgement is a critical

input for good decision. How to have good

judgement?

Good Judgement

Information

Decisive information that is sufficient and relevant for making decision or judgement.

Good Judgement

Information

Analysis

Techniques, knowledge,

understanding, skillfulness

Good Judgement

Blindness

Information

Analysis

Heart, Want, Relevant

Good Judgement

Information

Analysis

BlindnessBelief

Have faith in believing

the truth

Good Judgement

Information

AnalysisAt

titud

e

BlindnessBelief

Good/Bad, Regret/Blame

Good Judgement

Information

AnalysisAt

titud

e

BlindnessBelief

Develop choices/ options

Factors for Good

Decision

Decision

Output ofUnderstanding

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“Have a strong desire for Great Love, the COMPASSION”“Understand CONSTRAINTS to reality for making wise decisions”“Diligently correct and COMPLY with the right paths set upon”

Judgement plays a major role for decision making. It is the output of our understanding.

Only through this output (judgement), than we are able to determine what we need to do next.

Consider the 5 factors of judgement, practice and improve them to make good judgement. You will become more mindful, objective, and unbiased.