Farm decision making

GRDC Grain & Graze booklet cover

The difference between a 'good' decision and a 'right' decision

We often describe 'good' and 'right' decisions interchangeably but there is a useful distinction. A 'good' decision is an informed decision. To be informed you need to:

  • appreciate the consequences of the various actions you could take
  • have the least regret if it doesn't go according to plan
  • increase the chances of a favourable outcome.

A 'right' decision can only be judged in hindsight - it becomes a matter of time. Also remember the decision you make today may be different to the decision you make tomorrow. Things do go wrong - and they will.

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Region National