Much of this decision-making is difficult. Weighing options is especially hard due to certain biases that can lead you astray.
These biases can include over-or underestimating the likelihood of something happening to you based on whether your friends have experienced something similar or how much you see it covered in the media. Another reason why decision-making is hard is the propensity to overweigh the instant gratification or the instant pain of a decision over the long-term consequences.
Without clear objectives for what you want to achieve with a decision, you might focus on the wrong things.
Ask yourself, “What do I hope to achieve by addressing this choice?” and focus on aspects that aren’t easily quantifiable. This can be applied to both big and smaller decisions.
While it’s worth taking time to settle larger decisions, don’t expend too much time and energy on the small stuff.
And don’t stress about the quality of your decision-making on these small choices either. Although the term decision fatigue — i.e., the more decisions you make during the day, the more likely you are to make bad ones — is buzzworthy, research doesn’t support its supposed effects. Having to make 10 choices a day versus two choices doesn’t mean your 10th choice will be worse. There’s no evidence of that.
A good decision-maker chooses actions that give the best outcome for themselves and others. They enter into the decision-making process with an open mind and do not let their own biases sway them. They make decisions rationally, after researching alternatives and understanding the consequences.
Good decision-makers involve others when appropriate and use knowledge, data, and opinions to shape their final decisions. They know why they chose a particular choice over another. They are confident in their decisions and rarely hesitate after reaching conclusions.
Some of the personality traits that may impact your decision-making are:
The decisions you make should help you or your company achieve goals. Identifying your individual and business goals can direct you toward the best choice. When you know what results you want, making decisions can be more straightforward.
For example, imagine you are considering whether to gain further qualifications. Identifying your professional goals can help you make the best decision for your future.
Plenty of research shows that a diet rich in produce offers valuable nutrients not just for your body, but for your mental well-being.
But here’s the irony: If you focus exclusively on the mental and physical health perks — instead of how delicious healthy foods can be — you may have a harder time reaping those benefits.
So to really use food to fuel your body and your mind, it may help to try letting your taste buds guide you to delicious dishes that also happen to be nutritious.
Before you jump in and redesign your entire diet in one fell swoop, make one change at a time.
So instead of turning down both bread and fries at your next dinner out, start off by making just one swap, such as trading the fries for roasted cauliflower, but letting yourself have a piece of bread.
This will help your mind adjust to the healthy changes instead of retaliating against deprivation mode.
This shows up as a failure to check facts, take the initiative, confirm assumptions, or gather additional input.
Basically, such people are perceived to be sloppy in their work and unwilling to put themselves out. They rely on past experience and expected results simply to be an extrapolation of the past.
It is discouraging to consistently consider the possibility of negative events in our lives, so most people assume the worst will not happen.
Unfortunately, bad things happen fairly often. People die, get divorced, and have accidents. Markets crash, house prices go down, and friends are unreliable.
There is excellent research demonstrating that if people just take the time to consider what might go wrong, they are actually very good at anticipating problems. But many people just get so excited about a decision they are making that they never take the time to do that simple due diligence.
When faced with a complex decision that will be based on constantly changing data, it’s easy to continue to study the data, ask for one more report, or perform yet one more analysis before a decision gets made.
When the reports and the analysis take much longer than expected, poor decision makers delay, and the opportunity is missed. It takes courage to look at the data, consider the consequences responsibly, and then move forward.
Oftentimes indecision is worse than making the wrong decision. Those most paralyzed by fear are the ones who believe that one mistake will ruin their careers and so
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