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Gut feelings vs logic

Gut feelings vs logic

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.

@george_ii20

MORE IDEAS FROM THE ARTICLE

We all make bad decisions

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:

  • You need the right information, not more of it.
  • Feelings can be utilized
  • Know your strengths
  • Make a 'good enough' decision
The right information, not more

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.

Factoring your strengths

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 enough decision

“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.

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RELATED IDEAS

Being able to make decisions when you know you have imperfect data is so critical. I was always taught that “A good decision now is better than a perfect decision in two days.” Many people I know in business recoil at that statement. Many colleagues in graduate school had come from places where they were analysts at a company and their job was to analyze and analyze and analyze. They couldn’t believe somebody would say that you should actually encourage people to make a decision with imperfect information — but I firmly believe you should. I think that’s really important for leaders to incorporate. It’s something that the White House has to do all the time. It’s great to analyze things but at some stage you’re just spinning your wheels.

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IDEAS

Reconnect with old friends

You have probably met a large number of friends through just a handful of people. Those are your superconnectors. Rekindle those friendships and ask them if there is anyone you should meet.

  • Studies show that if someone seems extroverted, confident, religious or conscientious, they probably are.
  • We all pay more attention to pretty people, and so we tend to take the time to evaluate them.
  • If you want to know if someone is good at their job, watch them do it for 30-60 seconds. 
  • Funny people are smart: Effective humor production acts as an honest indicator of intelligence in humans.