5 ChatGPIT Inspires to Make Difficult Business Decisions
When you run a business, the stakes are high. Customers trust you and your team members trust you too. Decisions that will cover payroll and keep the business running are your decision. With this pressure on your shoulders, even small business decisions can seem daunting.
Brian O’Connor is an ex-Deloitte consultant turned independent consultant. He has advised over 100 executives on how to quickly gain clarity and simplify their toughest decisions. O’Connor shares these frameworks and tools with over 80,000 followers on LinkedIn and Twitter. He also created his own newsletter, Outlier Growth, for more than 14,000 readers, including founders, business owners and managers at Deloitte, Amazon, Apple and Google. Their framework helps them clarify their steps and triple their business revenue.
O’Connor knows the importance of good decisions in business and life. He explained, “Your ability to choose the best action is the most important skill that determines your wealth, health, and happiness.” “Decisions like what business to go into, how to spend your resources and where to live, each impact your life path, and it’s scary to think that you might miss something and regret your choice. ” With these 5 ChatGPT signals, the larger language model can be your personal AI advisor, suggesting your best option so you don’t get confused by unexpected results.
Open ChatGPT and copy and paste each prompt, edit the square brackets accordingly and use the same chat window to move the context forward. O’Connor advises you to do your research before making a decision based on ChatGPT’s advice. Do your due diligence and then make your choice and go for it.
Use ChatGPT to simplify decisions and take control of your future
find the real problem
“The most common mistake in decision-making is to solve the symptoms and not the root problem,” O’Connor explains. “But without addressing the root cause, which can be difficult to detect, the problem comes back.” Prompt ChatGPT to analyze your problem and suggest the root cause. With all the information and any emotions, it can detect patterns you may have missed. This can get back to the essence of your issue and ensure you’re not just filling paperwork through the cracks.
“Act as a business consultant. I’m going to give you a list of problems and I want you to find the root cause of all these problems. References: [Give background on you and where the problem is happening], Here are the problems: [explain each of the problems], What are 5 possible root causes causing these problems?”
Explore your options
The difficult business decision has not yet been resolved. “Once you have the core problem to solve, it’s harder to come up with your own alternatives to solve the problem,” O’Connor explained. “You don’t want to regret missing that option you forgot to include.” Here is where ChatGPT can consider ways to resolve the root cause you have identified, and ensure nothing is overlooked.
“I am [describe yourself in a work capacity] and trying to achieve [give context on your business goals], The root cause of my problem is: [provide the likely root problem from the previous list], The desired results from solving this problem are (ordered in priority order): [describe your specific goals in order], Given my problem and my goals, list the 5 best possible ways to solve the problem.”
weigh the pros and cons
As of now you have options to solve the problem at its root point. But which one to choose? “Every choice you make comes with trade-offs,” O’Connor explained. “But it’s hard to think of every reason you should (or shouldn’t) choose a certain option. “You don’t want to create brand new problems.” Signaling ChatGPT like this will help you weigh the advantages and disadvantages so that your blind spots are removed.
“For each potential solution you listed, act as an expert business analyst and outline the benefits and drawbacks of each in a bullet-pointed list. The benefits and drawbacks are provided by me about me and my situation. “The information must be specific.”
Imagine each outcome
“By using ChatGPT to imagine future possibilities with each option, don’t be alarmed by an outcome you weren’t expecting,” O’Connor advised. Visualization, a strategy used by athletes, artists, and business leaders, can be helpful in predicting your optimal future. If your imagination is limited, or if you just want help, ask ChatGPT to imagine specific outcomes for each option.
“For each possible solution you listed, show me 3 possible outcomes: 1) Best case 2) Likely case 3) Worst case. Describe the case, then tell me what factors will cause each case to occur.” Can.”
Rank your choices
Now that you have an idea of the root cause, possible solutions, their respective advantages and disadvantages, and potential consequences, you can prioritize based on suitability and find a way forward. “Ask ChatGPT to suggest your best option based on the parameters you create,” advises O’Connor. “List your options, then rank them in priority order based on your goals.” If you already have a favorite or two, add that information and show your reasoning.
“Given my background, goals, and the advantages and disadvantages of each option, rank the solutions you have given me in the order of how well they match up with the following goals: 1) Specifically target the root cause Do 2) Help me achieve my goals 3) Have less significant drawbacks. Explain why you ranked each option that way.”
ChatGPT prompts to help you make business decisions
It’s not that you don’t have the answer, the point is that talking it out and filling in the gaps through ChatGPT can get you there without relying on outside help. Think of this process as journaling with the most switched-on and least volatile version of yourself.
These prompts turn ChatGPT into your personal AI advisor to help make any difficult business decision easier. Find the root cause and get ideas on how to solve it. Identify the pros and cons and get a personalized view of how they might work. Consider all the information and then proceed with confidence.