1. Consider the short term and long term consequences: Whether the decision is materialistic or a sensitive family matter. You have to consider short terms and long terms benefits.
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2. Cost Vs quality if applicable. If you intend to purchase something, consider cost, quality, warranty perspectives. Usually cheep products have less life and bad quality but is not the case always. To cope up with this, define your budget and then carefully analyze all the options which are falling within your budget.
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3. Need Vs wants analysis: Are you purchasing for pleasure or it is your long term need. Remember this is a difference between pleasure and happiness. Sometimes pleasure dost not last long so you don't want to spend a lot for the sake of short time pleasure. If you are in Need of something then consider point-1 and point-2.
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4. Consider emotions: This is quite sensitive aspect. You have to put yourself in everyone's shoes to understand his/her emotions. You don't want to hurt someone with your decision, instead you want to keep your stake holders emotionally satisfied. Emotional Intelligence is an art; learn it by reading on internet. To understand people you have to have true sense of judging people
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5. Consider Win-Win: A balanced approach in which everyone gains is always recommended.
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6. Consider all options: Don't stop your brain on one idea or approach. Think about more options. Seek advice from others on different possible solutions of the given situation/problem. to the problems which need decisions.
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7. Ask for criticism: If possible ask for criticism before implementing the decision. Although it's never too late to ask for criticism even after your decision. Feedback always helps in your future.
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8. Learn to differentiate between Urgent and Important tasks.
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9. Closely observe others: Think about what your friend/colleague/acquaintance did under a specific condition. A wise man always learns from the mistakes of others.
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