Decisive can be defined as being characterized by
firmness and decision. Being decisive means ability to make and decide choices
quickly, confidently and effectively. From the strength of a decision
entrepreneur then have the ability to act. This decision must be clear, obvious
and unmistakable.
Decisive is a skill that entrepreneur can build by
ourselves. The ability of entrepreneur to make firm decision quickly is a skill
that can be practiced. Entrepreneur can start by simply timing how long it
takes them to make a right decision. Minor decision such as what input have to
arrange for produce product should be made in thirty seconds to a minute. Major
decision should be made in less
than five minutes, even if that decision is to do more information gathering so
that a decision of action can be made more effectively.
Ananda Krishnan is one of the example entrepreneurs
that well decision making. He is the owner of Maxis Mobile Sdn. Bhd. As an
entrepreneur, he has a set of managerial qualities and business practices which
he has applied in his bid to become a Malaysian billionaire. He is planning to
achieve his primary goals, where he can analyze the current situation,
anticipate future undertakings and make appropriate decision to achieve his
goals. As a businessman, he determines his business strategic and corporate
goals together with his shareholders, business partners employees and
government sector in order to delivers strategic values since his ultimate goal
is to privatize and globalize the service provider Maxis. This decision on
privatizing was his alone though he discussed and analyzed with other
entrepreneurs and his shareholders. He has ability of applying his concept and
decision making skills in identifying problems and resolving them for the benefit
of his business. These skills have also directly involved the external
environment, namely the Malaysian community. For an example he decided to
privatize Maxis and promote the company globally for its investment benefits.
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