deepstash

Beta

What to Do When You Make a Bad Decision

Create a decision-making process

... for future big decisions:

  1. Identify the decision/problem. Be as clear as possible.
  2. Collect information that will assist in your decision-making.
  3. Consider various solutions.
  4. Weigh the evidence for each potential solution.
  5. Make your decision.
  6. Take action on that decision.
  7. Review the decision once an action has been taken.

324 SAVES


This is a professional note extracted from an online article.

Read more efficiently

Save what inspires you

Remember anything

IDEA EXTRACTED FROM:

What to Do When You Make a Bad Decision

What to Do When You Make a Bad Decision

https://www.success.com/what-to-do-when-you-make-a-bad-decision/

success.com

5

Key Ideas

Accept your emotions

Recognize what happened and how you feel. Suppressing your emotions will get you nowhere. It’s important to first focus on how you feel.

You can also journal your emotions or speak with a close confidante. Or you can go to therapy, of you think it's right for you.

Focus on the facts

Take a step out of the emotions and stress to really look at the facts of the situation. Try to look at the situation objectively and seek ways to work productively toward solving it.

Get an outside perspective, if you struggle with getting the facts in an objective manner.

Don't let it consume you

Once we’ve made what we’d call a bad decision, we give it a lot of meaning it does not inherently have.

So try to mentally separate yourself from the decision. Doing so can help you strip it of its power.

Forgive yourself

Use failures of your bad decisions as leverage for future success. You will make mistakes in life, but what determines your future success is how you respond.

Also, accept your regret. It can help you remember the things you want to avoid in life and actually help you make better decisions.

Create a decision-making process

... for future big decisions:

  1. Identify the decision/problem. Be as clear as possible.
  2. Collect information that will assist in your decision-making.
  3. Consider various solutions.
  4. Weigh the evidence for each potential solution.
  5. Make your decision.
  6. Take action on that decision.
  7. Review the decision once an action has been taken.

EXPLORE MORE AROUND THESE TOPICS:

SIMILAR ARTICLES & IDEAS:

3 decision-making mistakes that you must avoid

  1. Impulsivity. Thorough decisions combine all three senses – seeing, hearing and feeling. Impulsive decisions always lack one of these elements.
  2. Allowing yourself to be pe...

Life doesn’t happen to us; we are an active participant. We get out of life what we choose.”

Mike Whitaker

All Decisions Are Not Created Equal

  • Small decisions: Impact you for a day, such as what you wear and what you eat.
  • Medium decisions: Impact your life for a year or so, such as deciding to go back to school or take on a roommate.
  • Big decisions: These are made once or twice a year, and successful people use their goals to navigate to the right choice.

Decision making using goals

Successful people have 4 strategies that help them clearly define what they want:

  • They keep 5 prime goals and stay focused on them.
  • They identify the top priority and give it favorable treatment when making decisions.
  • They look for goal and decision overlap, treating this decision with more care.
  • They appreciate momentum, identifying the benefits of continuing to move in the right direction.

2 more ideas

Rushing to conclusions

It’s sometimes necessary to make decisions quickly. But if you’re frequently skipping steps, you could be misdiagnosing problems and making decisions that don’t solve anything.

Take th...

Dodging the decision

Sticking your head in the sand and just hoping it will go away isn't wise. Procrastination only causes problems to fester and possibly grow bigger. 

For example, if you have two feuding employees, you may avoid confronting the issue in the hope they will work it out on their own. If they don’t, the conflict may grow and boil over.

Over-analyzing information

To overthink a decision may cause you to miss time-sensitive opportunities.

Whether it’s due to fear or perfectionism, being indecisive and taking too much time to gather information not only affects the productivity of your business, but it also damages your employees’ confidence in you as a leader.

one more idea