4 Common Decision-Making Mistakes That Are Holding You Back
Curated from: bustle.com
Ideas, facts & insights covering these topics:
5 ideas
·20.1K reads
33
Explore the World's Best Ideas
Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.
Decision-making errors
Most decision-making errors boil down to:
- logical fallacies (over-generalizations, comparing apples and oranges, circular thinking)
- limiting beliefs (underestimations of what's possible)
- judgment biases (valuing certain factors above others).
1.51K
5.55K reads
Confirmation Bias
If you already have an opinion about something before you've even tried to figure it out, chances are you'll over-value information that confirms that opinion.
Think about what kinds of information you would expect to find to support alternative outcomes.
1.26K
3.78K reads
Attribution Bias
The “fundamental attribution error,” is when we excuse our own mistakes but blame other people for theirs.
Give other people the chance to explain themselves before judging their behavior.
1.33K
3.71K reads
Anchoring Bias
When we’re evaluating an option, we often fixate on the first piece of information we have about it.
Decide in advance what outcome you have in mind.
1.16K
3.33K reads
The Sunk Cost Fallacy
“Sunk costs” are money, time, or effort we’ve already spent and can’t get back.
Cultivate a habit of admitting your mistakes. Ask yourself: If the past didn’t exist and you’re just starting out now, what would you do?”
1.36K
3.74K reads
IDEAS CURATED BY
Avery B.'s ideas are part of this journey:
Learn more about problemsolving with this collection
Strategies for promoting inclusivity
How to address unconscious bias
How to create a diverse and inclusive workplace
Related collections
Similar ideas
2 ideas
6 Common Decision-Making Blunders That Could Kill Your Business
entrepreneur.com
30 ideas
10 Common Overthinking Mistakes That Are Holding You Back
cosmopolitanmindset.substack.com
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates