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Business Strategy with Hirav Shah AUGUST 09, 2024 | The Indian Eye 36

10-10-10-10 Decision-Making Rule: Try Out in the New

Financial Year - Your Future Will THANK YOU for it

In a world where instant gratification often prevails, this decision-making rule offers a valuable

tool for navigating life’s complexities with wisdom, foresight, and intentionality

• Consider All Options: Don’t limit
yourself to just two choices. Explore
all potential options and apply the
10-10-10-10 framework to each one.
• Don’t Overthink: While reflection
is important, avoid getting stuck in
analysis paralysis. Trust your gut and
make a decision within a reasonable
timeframe.
Benefits of the 10-10-10-10 Approach
• Holistic Decision-Making: By con-
sidering the impact of your decisions
across four distinct timeframes, you
gain a more comprehensive under-
standing of their consequences and
Hirav Shah While reflection is important, avoid getting stuck in analysis paralysis. Trust your gut and make can make choices that align with
a decision within a reasonable timeframe (File photo) your long-term vision.
• Reduced Short-Sightedness: Antic-
n our fast-paced world, decisions 10 Minutes: Immediate Gratification • Looking back from 10 years in the ipating the long-term implications
often demand quick responses.
IBut how often do we consider the • How will I feel about this decision future, will I be glad I made this de- helps mitigate the risk of making
cision?
in the immediate aftermath? Will I
decisions based solely on immediate
long-term ramifications of our choic- feel relieved, excited, or regretful? • Will it have a positive impact on my gratification or short-term gains, fos-
es? The 10-10-10-10 decision-making • Consider whether it addresses an life trajectory? tering greater clarity and foresight.
rule offers a comprehensive frame- urgent need or desire, but remem- • Extend your perspective to a 10- • Alignment with Vision: The 10-10-
work to evaluate the consequences ber to look beyond immediate grat- year timeframe and contemplate 10-10 framework empowers you to
of our decisions across four different ification to ensure alignment with the lasting impact of your decision. make decisions that are congruent
timeframes: 10 minutes, 10 weeks, 10 your broader goals. • How will it shape your life trajec- with your values, aspirations, and
months, and 10 years. tory over the next decade? Consid- long-term goals, leading to a more
Let’s explore how this expanded tool can 10 Weeks: Medium-Term er its implications for your career, fulfilling and purposeful life journey.
lead to wiser decision-making and a more Consequences relationships, personal growth, and
fulfilling life. Conclusion
• How will this decision impact my legacy.
What is the 10-10-10-10 Decision- day-to-day life and progress towards • This long-term outlook can help you • In a world where instant gratifica-
Making Impact Tool? my goals in 10 weeks? make choices that align with your vi- tion often prevails, the 10-10-10-10
The 10-10-10-10 tool is a frame- • Will it create new opportunities or sion for the future. decision-making rule offers a valu-
challenges in the near future?
work that encourages you to consider • Will it lead to sustained benefits or 3. Reflect and Analyze: After consid- able tool for navigating life’s com-
plexities with wisdom, foresight, and
ering each time horizon, take some
the potential consequences of your de- improvements? time to reflect and analyze your an- intentionality.
cision across four distinct time horizons: • Anticipate any potential challeng- swers. • By considering the impact of our
• 10 Minutes: How will you feel about es or complications that may arise 4. Make an Informed Decision: Based choices across varying timeframes,
this decision in 10 minutes?
• 10 Weeks: How will you feel about during this timeframe. on your analysis, make a conscious we empower ourselves to make de-
cisions that not only satisfy immedi-
choice that aligns with your long-
this decision in 10 weeks? 10 Months: Long-Term Implications
term goals and values.
• 10 Months: How will you feel about • How will this decision impact my • Remember: The 10-10-10-10 tool ate needs but also contribute to our
long-term flourishing and legacy.
this decision in 10 months?
So, the next time you face a de-
• 10 Years: How will you feel about overall well-being and goals in 10 is not a magic formula. It’s a frame- cision, remember to apply the trans-
months?
work designed to guide you through
this decision in 10 years?
• Will it put me on the right track or the decision-making process and en- formative power of the 10-10-10-10
How to Use the 10-10-10-10 create challenges? courage thoughtful reflection. framework and embark on a journey
Decision-Making Impact Tool • How will it shape your future path of informed, intentional, and empow-
and contribute to your overall Here are some additional tips
1. Define Your Decision: Clearly artic- well-being? for using the 10-10-10-10 tool ered decision-making.
Your future self will thank you for it.
ulate the choice you need to make. • Consider whether it aligns with your effectively:
2. Set the Timer: For each time hori- values, aspirations, and long-term • Gather Information: For complex The writer is a well known Business
zon (10 minutes, 10 weeks, 10 goals. decisions, gather relevant data and Turnaround Specialist, Astro Strategist,
months, 10 years), set a timer and research potential outcomes before and BestSelling Author.
consider the following questions: 10 Years: Vision and Legacy using the tool. [email protected]

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