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Can
Technology Acquisition Be an Emotional Decision?
Justifying the purchase of new technology like rapid prototyping can be a difficult process. The buying decision not only requires that funds be allocated, it also requires change, which for many is a risky proposition that takes a lot of effort and creates much discomfort. In business, it may seem that emotions and human behavior do not belong in the decision-making process, yet these factors weigh heavily in every decision. Understanding this and using it advantageously may be the secret to getting a decision to alter the way things are done. With an open mind, it can become apparent that many actions, opinions and decisions are based on an emotional response that is then supported and justified with logic. Change for Success To become an agent of change, it is advantageous to simultaneously address both the emotional and logical issues. Although those in the upper echelons of management may be viewed as cold and calculating, they are human, which means that they are driven by emotions. With this awareness and the knowledge of the power of emotions in a decision-making process, it is much easier to overcome the resistance to change and to move forward and succeed. Examples Abound When committees form to begin the evaluation and selection process of a new technology, it is common to build a list of requirements to which a ranking or weighting system is applied. In a purely logical world where the initial need assessment was accurate, the high scoring technology or company would be awarded the order. Since it is not a perfect world devoid of emotion, personal desires and feelings often infiltrate the selection process. Through demonstrations, presentations and meetings, personal preferences begin to build. Some of these preferences are developed on something as basic as liking an organization or its people. At a slightly higher level, the preference may result from a gut feeling that one system is the best based on its popularity or reputation. As the benchmarking nears its completion and rankings are tallied, original requirements and weightings are often re-evaluated and repositioned so that the preferred solution comes out on top. ROI calculations appear to be purely analytical and logical, but they also are influenced by emotions and desires. The basic elements of an ROI calculation are the expense to implement and the financial gain that will be realized. These would seem to be the hard, unyielding numbers. But, each can be - and often are - skewed to serve individual desires. Since the profit and expense calculations are speculative, taking a conservative approach to either number can dramatically alter the ROI calculation to guarantee the desired outcome. These examples are simple illustrations of "creative accounting." Each shows that subjective factors driven largely by emotion can directly influence logical, objective data. Risk Taker or Risk Avoider With an understanding of the decision-making style, all ideas and information can be delivered in a manner that satisfies the fundamental desires. Any justification to acquire a new technology can be properly positioned as either a way of avoiding loss and risk or as an option to reap huge rewards. Getting to the Heart of the Issue Some commonly experienced emotional issues include:
Each situation will present different opportunities that must be sought out. Management books often point out that money is not the motivator that many consider it to be. Logically, more money is a good thing that should motivate everyone to work harder, but emotionally it can be ineffectual. Management gurus point to one great truth - that employees deeply desire appreciation and recognition for a job well done while they fear reprimand for failure. When all else fails, these emotions can be used as the ace in the hole for nearly every situation. Conclusion Share Your Feedback On This "Perspective" With Us! Send your opinions, questions and comments to christina@ctipublishing.com. |
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