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This Is How To Make Good Decisions: 4 Secrets Backed By Research - Barking Up The Wrong Tree

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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This Is How To Make Good Decisions: 4 Secrets Backed By Research - Barking Up The Wrong Tree

This Is How To Make Good Decisions: 4 Secrets Backed By Research - Barking Up The Wrong Tree

https://www.bakadesuyo.com/2016/06/how-to-make-good-decisions/

bakadesuyo.com

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Key Ideas

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.

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.

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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