While we may not like to admit this, we all are making a lot of bad decisions, be it our personal lives, careers or in our jobs. Here is what research says about making good decisions:
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If there is too much information, we tend to make the wrong decision, and even if our decision is well-researched and considered right, we end up dissatisfied.
The right information, even if less, provides clarity to make the right decision.
A gut feeling, or an instinct, is often the right path, and points towards the right decision.
Ultra-rational, logical and unemotional decision-making does not guarantee that the decision taken will be the right one.
A good decision depends on the strengths of the person making it.
If a person is an expert in a field, he can then make an informed decision, while trusting his gut feeling or instinct.
“A good decision now is better than a perfect decision in two days” - James Waters
Losing valuable time for a perfect decision sometimes backfires, and a good enough decision can work just as well.
Solution? Spend less time trying to amass all the information and more time better defining the problem so you can find the right information.
Having a weak circle of friends carries the same risk as smoking 15 cigarettes a day.
Researchers suggest that the core factors in a happy life are the number of friends, the closeness of friends, the closeness of family, and relationships with neighbors and co-workers.