The Project Notebook

GTD for PMs – Part III

One of the roadblocks to progress we frequently encounter as Project Managers is decision making. Sometimes we might benefit from a strategic framework — what decision will best align with our mission and vision? But more often than not, we are hurried to make decisions in a world of instant communications and rapid change. How can we avoid analysis paralysis or making the wrong decisions?

Enter Suzy Welch, wife of former GE CEO Jack Welch. Suzy has just introduced what is being hailed as a life changing concept — 10 minutes, 10 months, 10 years:

All it takes to begin are three simple questions: When faced with a complex dilemma, stop and ask, “What will the consequences of my options be in 10 minutes, 10 months, and 10 years?”

An extremely simple concept, a small modification can make it applicable to financial decisions. Think of the value of the money if not spent in 10-10-10 and weigh against the value of the expenditure in 10-10-10.

For more information about decision making with 10-10-10, visit Suzy’s new book site at http://www.suzywelch101010.com/index.htm.

Short URL: http://bit.ly/fO6NCE

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© 2010-2012 Ray W. Frohnhoefer, MBA, PMP, CCP