7 Strategies for Making Objective Decisions
During the decision-making process, you're going to make assumptions. Tinker with those assumptions in order to get a fuller, more objective view of the situation.
For example, you might assume that your company is going to continue growing in revenue, but what if your sales decrease over the next two years? How would your decision play out?
SIMILAR ARTICLES & IDEAS:
The way you frame your decision at the outset can make all the difference.
State your decision problems carefully, acknowledge their complexity and avoid unwarranted assumptions ...
A decision is a means to an end. Ask yourself what you most want to accomplish and which of your interests, values, concerns, fears, and aspirations are most relevant to achieving your goal.
Decisions with multiple objectives cannot be resolved by focusing on any one objective.
Your decision can be no better than your best alternative.
Deciding is too much effort so we’re likely to just stick with the default or safer option if it’s already been chosen for us.
When we get offered too many choices, the same...
This is when serotonin is at it’s natural high, which helps to calm our brain. Thus, we feel less risk averse and so we can face risks and make harder choices.
If we’re feeling hunger, thirst or sexual desire, that can actually spill over into the decision areas of our brains, making us feel more desire for big rewards when we make choices.
This can lead us to make higher-risk choices and to want for more.
It gives us the rare opportunity to ask ourselves if there anything in our lives that we should do more of, less of, start or stop.
It is a decision thinking technique developed by Brian...
Difficult decisions are mostly about weighing the long and short term values. Making objective decisions is difficult because we are biased towards short-term rewards and pre-existing beliefs.
Ask yourself, knowing what you know now, is there anything you are doing today that you wouldn't do again if you were able to?
Be willing to stop doing what no longer works. Sometimes it is best to cut your losses and try something else. Be prepared to take risks and understand the potential failure that goes with a new course of action.