On the surface many will call these synonymous, but maybe not so fast.
Often, we may gloss over this slight distinction when faced with a decision disguised as a problem. But, if we apply the Zillion Dollar Thinking MODEL, we may come to a more extensive alternative.
To refresh, the MODEL has four distinct steps.
Discovery (the problem to be solved)
Commitment
(the missing link)
Solution (the marriage of the real problem to the ideal remedy)
Action (the proactive plan of execution)
So using this model, finding and identifying the problem is just the first step of four in the process. Important point: Step Two often becomes the differentiator…the step of commitment.
Commitment comes in several forms: promise, pledge, vow, obligation, assurance, binder, word, guarantee, warrant, etc.
But again, when was the last time you approached problem solving with the cornerstone of commitment in the process? The reason that is vital is that without commitment it is easy to abort the issue, not dig deep enough or not follow through for a zillion other reasons.
Take away…next time you are faced with a decision you instantly brand as a problem in search of a cursory solution, consider a model approach that is sealed by a solemn and carefully crafted commitment.
The higher the stakes, the more you may need to re-consider.
As always…you decide.
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Monday, July 30, 2012
Thursday, July 19, 2012
Best Decisioning POV
“I decided not kill myself. I had been through some hard times emotionally, but I just decided to suck it up, get over it, and get on with life. It was my best decision! The world can be a great place.”
At a Wilmington rally for Democratic Delaware Senate candidate Chris Coons, President Obama laid to rest any remaining speculation that Hillary Clinton and Joe Biden might switch jobs in 2012, telling a packed crowd in Biden's home state that his choice of Biden was “the single best decision I have made.”
“Ordering AWAI's Accelerated Program for Six-Figure Copywriting was one of the best decisions I've ever made.”
“One of the best decisions I ever made was purchasing a recreational vehicle. This decision led my family and I to experience some of the most enjoyable times together that we ever thought were possible. Traveling down the road in the RV allowed us to come together for large amounts of time, but also have enough space to not feel overcrowded and infringed upon. The day I bought our family RV was the day I got my family back.”
John McCain had no regret about the biggest and most controversial decision of his unsuccessful 2008 presidential campaign. Speaking to Sean Hannity on Tuesday evening in New Hampshire, McCain said naming Sarah Palin his running mate was "still the best decision I've ever made."
Alice Cooper changed his first name from the more masculine Vince…insisting it was one of the best decisions he has ever made. The veteran rocker - born Vincent Furnier - legally renamed himself in the late 1960s but admits his mother Ella Mae still can't get used to the idea. At this point, Alice Cooper is woven into Americana. "My mum's the only one to still call me Vince. She says, 'Hey, superstar, take out the trash.'"
Amazing. From a POV (Point of View) perspective, we all have decisions we may consider our best, and then those that we will regret until eternity. With all the gloom and doom news out these days, it just seemed refreshing to share a few notables from those considered their best. Maybe you have one to share?
As always…you decide.
At a Wilmington rally for Democratic Delaware Senate candidate Chris Coons, President Obama laid to rest any remaining speculation that Hillary Clinton and Joe Biden might switch jobs in 2012, telling a packed crowd in Biden's home state that his choice of Biden was “the single best decision I have made.”
“Ordering AWAI's Accelerated Program for Six-Figure Copywriting was one of the best decisions I've ever made.”
“One of the best decisions I ever made was purchasing a recreational vehicle. This decision led my family and I to experience some of the most enjoyable times together that we ever thought were possible. Traveling down the road in the RV allowed us to come together for large amounts of time, but also have enough space to not feel overcrowded and infringed upon. The day I bought our family RV was the day I got my family back.”
John McCain had no regret about the biggest and most controversial decision of his unsuccessful 2008 presidential campaign. Speaking to Sean Hannity on Tuesday evening in New Hampshire, McCain said naming Sarah Palin his running mate was "still the best decision I've ever made."
Alice Cooper changed his first name from the more masculine Vince…insisting it was one of the best decisions he has ever made. The veteran rocker - born Vincent Furnier - legally renamed himself in the late 1960s but admits his mother Ella Mae still can't get used to the idea. At this point, Alice Cooper is woven into Americana. "My mum's the only one to still call me Vince. She says, 'Hey, superstar, take out the trash.'"
Amazing. From a POV (Point of View) perspective, we all have decisions we may consider our best, and then those that we will regret until eternity. With all the gloom and doom news out these days, it just seemed refreshing to share a few notables from those considered their best. Maybe you have one to share?
As always…you decide.
Friday, July 13, 2012
Can the Trend be Your Friend?
Back in the day, as a resident estate planning specialist with a major securities firm, my office was right next to the commodity office and the “squawk box” that routinely issued breaking market alerts and trends. The futures market had a famous and classic mantra that is still a bellwether icon even today.
"The trend is your friend" is the magic slogan that the futures market lives by every minute of every day. The odds do not favor negative market patterns or consistently mistaken decisions made by management, or major red flags from any of a zillion other categories. Betting on the future of a commodity can be a costly and even dangerous game. It’s a world where leverage and timing rule.
During my many years with that organization, I personally witnessed a trend that was consistent on a different level. It was amazing that a particular client would come in and high five about the killing that he was making as if it would never stop. I got to be friends with several of them. And, when I stopped seeing them come around, I would question their broker. The typical response was “he bought the farm…he went belly up…but most often, he ignored the trends.” Many of them lost it all.
The futures market is a good barometer of what is going on right here and now. We are looking at several trends that can only be labeled as alarming. We will all have our own pet topics, but the elephant in the room is also one of leverage and timing (as above). The upcoming election will be upon us very quickly, and much like the futures market, we will be faced with a decision that will have consequences no matter how we respond.
This may be the very time in history to divorce ourselves from party affiliations and pre-set agendas and look independently at the trends. If you see and feel that what is trending is leading to an economic or personal catastrophe…“let the trend be your friend.”
Unlike the commodities market and the requirements to become a player, we will each have an equal stake in this decision that will only require our vote.
The leverage of your vote, and the timing of this election cannot be more important.
As always…you decide.
"The trend is your friend" is the magic slogan that the futures market lives by every minute of every day. The odds do not favor negative market patterns or consistently mistaken decisions made by management, or major red flags from any of a zillion other categories. Betting on the future of a commodity can be a costly and even dangerous game. It’s a world where leverage and timing rule.
During my many years with that organization, I personally witnessed a trend that was consistent on a different level. It was amazing that a particular client would come in and high five about the killing that he was making as if it would never stop. I got to be friends with several of them. And, when I stopped seeing them come around, I would question their broker. The typical response was “he bought the farm…he went belly up…but most often, he ignored the trends.” Many of them lost it all.
The futures market is a good barometer of what is going on right here and now. We are looking at several trends that can only be labeled as alarming. We will all have our own pet topics, but the elephant in the room is also one of leverage and timing (as above). The upcoming election will be upon us very quickly, and much like the futures market, we will be faced with a decision that will have consequences no matter how we respond.
This may be the very time in history to divorce ourselves from party affiliations and pre-set agendas and look independently at the trends. If you see and feel that what is trending is leading to an economic or personal catastrophe…“let the trend be your friend.”
Unlike the commodities market and the requirements to become a player, we will each have an equal stake in this decision that will only require our vote.
The leverage of your vote, and the timing of this election cannot be more important.
As always…you decide.
Thursday, July 5, 2012
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