3 tools to learn before you get a job

Getting a new job or leaving your job is a big decision. In this article, you will learn 3 decision-making tools before making the decision.

3 Decision-making tools to use before you get a job

SWOT Analysis

It’s a great decision-making tool for two options decisions.

In the 1960s Albert S. Humphrey created this tool and was initially used for organizations’ assessment. It looked at the strengths and weaknesses to assess the internal factors and the opportunities and threats to assess the external factors. However, it can also be used as a tool to help you in personal decision making, such as comparing two jobs offers. You write down the SWOT for each job and compare the outcome.

Two-Axis Matrix

A great decision-making tool for multiple options decisions.

The two-axis matrix can be used to compare different objects against two criteria. You can use the two-axis matrix to visualize the jobs you need to choose between based on two variables. These variables can be salary, benefits, working hours, commute time, and so on.

The Pareto Principle

A great decision-making tool for multiple options decisions.

This principle was named after Italian economist Vilfredo Pareto in 1906.

Pareto found that 80% of the land in Italy was owned by 20% of the population. The concept was later extrapolated. It was found that in many cases, 20% of workers produce 80% of the work. Or that we spend 80% of our time with 20% of our friends.

It’s also known as the 80/20 rule. Suggesting that 80% of the effects or results come from just 20% of the causes or efforts.

Although you can’t apply this rule to just any situation, it’s essential to be aware of it when making decisions regarding your current or new job. This is because it helps you avoid wasting your time. For example, if you’re deciding where to invest your time, and one task involves spending a lot of time for a bit of reward, you should reduce that task and invest the time in a job that produces better rewards.

Conclusion

Before leaving your job or getting a new job make sure to put them to the test with your newly learned decision-making tools.Checkout other decision-making tools here.

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