Bad things can happen when multiple priorities clash. Here’s what to do …
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Transcript
Having more than one priority is one of the reasons why decision-making
Speaker:in some companies feel so difficult.
Speaker:Imagine we are SuperSafe Corporation and we build, well, safes.
Speaker:Let's suppose we want to build the safest, most affordable safes.
Speaker:But wait.
Speaker:What does that actually mean when faced with a decision among the two attributes?
Speaker:For example, when faced with a decision between two different
Speaker:materials, one of which is safer but more expensive, what do we do?
Speaker:Do we make it safer?
Speaker:Or more affordable?
Speaker:Making both attributes a priority turns every decision like this into a struggle.
Speaker:Now just imagine having 10 priorities as many companies do.
Speaker:If, however, our priority was to make the safest save under 10,000 bucks, then
Speaker:the decision basically makes itself.
Speaker:If it fits in the budget, then go for the safer material.
Speaker:Else don't.
Speaker:Basically, we have turned one of the priorities into a constraint.
Speaker:When we have two priorities at the same time, it means that we want two
Speaker:different things at the same time.
Speaker:And this can easily lead us into a conflict.
Speaker:Having constraints is different.
Speaker:Wanting to do one thing but knowing that there's a border you can't or
Speaker:won't cross is a totally different game.
Speaker:You prioritize one thing as long as you don't cross that border.
Speaker:So, what's your priority?